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Arlington Resources provides insights on salary increases!

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Dear Reader , 

Welcome to the Arlington Resources Newsletter! In this edition, we will be discussing typical salary increases, how to speed up your hiring process, and tips for winning over star candidates juggling counteroffers!

Sincerely,

Cheryl Reinwald
cherylreinwald@arlingtonresources.com

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Typical Salary Increases Won’t Keep Pace With Inflation

Companies continue to face a perfect storm of economic concerns – the pandemic, inflation, unrest across other nations, and other uncertainties – that have made it a challenge for employers to manage budgets. When COVID-19 hit, budgets were often slashed, and salaries were frozen. As the U.S. economy continues to recover, employers are finding it increasingly difficult to fill positions with salaries that, at the very least, will keep pace with the inflation rate.

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Speeding Up Your Hiring Process

If you are having trouble hiring your top candidates, odds are your recruitment process is taking too long. The more time your team takes to make decisions, the more likely candidates are to accept jobs elsewhere. You should be able to alleviate this problem by shortening your hiring process. Follow these guidelines to speed up your recruitment process.

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Winning the Battle When Your Star Candidate Is Juggling Counteroffers

When you find your top candidate to fill an HR role, odds are their current employer will use a counteroffer to try to keep them. If the employer is successful, you have to continue your recruitment process. Fortunately, you can take action to increase the odds of hiring the talent you want. Use these tactics to encourage your top candidate to turn down a counteroffer and work for you.

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