(Graphic | Courtesy of Express Employment Professionals)
A month into the first quarter of 2022, the demand for goods due to the holidays has passed, but businesses still say they are caught in a vicious cycle hindering overall growth and hiring fueled by continual supply chain failures.
This is according to a new survey from The Harris Poll commissioned by Express Employment Professionals.
Around three in five U.S. hiring decision-makers (61 percent) say their company has altered their hiring practices because of the national supply chain issues and report it will negatively impact their company’s growth. To counteract the new hurdle for hiring, more than half (56 percent) report they have relaxed their hiring requirements due to the supply chain issue. And, around a third (32 percent) say they have hired specifically for logistics/supply chain positions this year.
Companies with 100-499 employees are more likely than those with less than 50 and those with 500 or more employees to say supply chain issues will negatively impact their company’s growth (71 percent vs. 63 percent of those with 500+ employees, 52 percent of those with 2-9 and 56 percent of those with 10-49).
The same companies are also most likely to say they have relaxed their current hiring requirements (76 percent vs. 64 percent of those with 500+ employees, 63 percent of those with 50-49, 44 percent of those with 10-49 and 36 percent of those with 2-9).
In the hard-hit manufacturing industry, 74 percent of hiring managers say their company has had to alter their hiring practices because of the national supply chain issue and a similar proportion of hiring decision-makers for the service industries report the same (71 percent).
“As many people know, Central Oregon is experiencing an unusually high demand for workers in the manufacturing and service industries, and employers have had to get very creative on how to attract top talent,” said Chris Petty, franchise manager of the Central Oregon Express franchise office.
Many businesses are ready and willing to grow in 2022, but can’t until something changes, Express Employment International CEO Bill Stoller said.
“The U.S. economy is caught in this perfect storm where the breakdown in supply chains is just the start,” he said. “When you combine that with the scarcity of workers, companies are doomed to stay in this holding pattern for the foreseeable future.”
Survey Methodology
The survey was conducted online within the United States by The Harris Poll on behalf of Express Employment Professionals between November 10 and December 2, 2021, among 1,009 U.S. hiring decision-makers (defined as adults ages 18+ in the U.S. who are employed full time or self-employed, work at companies with more than one employee and have full/significant involvement in hiring decisions at their company). Data were weighted where necessary by company size to bring them into line with their actual proportions in the population.
About Express Employment Professionals
At Express Employment Professionals, we’re in the business of people. From job seekers to client companies, Express helps people thrive and businesses grow. Our international network of franchises offers localized staffing solutions to the communities they serve across the U.S., Canada, South Africa, Australia and New Zealand, employing 526,000 people globally in 2020.
The Central Oregon Express office is located at 61379 S. Hwy 97 in Bend, and serves the full tri-county region. Local businesses and applicants are encouraged to stop by, visit expresspros.com/bendor or call 541-389-1505.
