Austin is a city with a strong, fast-paced economy. According to a new ranking by The Wall Street Journal, Austin ranked second for job growth and labor-force growth, sixth for the unemployment rate, and twelfth for wage growth in the U.S.
While Austin’s fast-growing job market is great for the region’s economy, it creates a wide array of problems for local employers seeking to fill positions: Almost everyone who can work is already working. In this article, we will talk about possible strategies a recruiting firm or a private company may follow to hire in Austin.
Reasons Fueling Austin’s Job Market
Before moving on to tips and tricks, it is vital to understand the reasons behind Austin’s robust job market. According to the Austin Chamber of Commerce, the city offers diverse employment opportunities that help the job market grow even during economic downfalls. Some of them are:
- Superior health care;
- Diverse business sectors;
- Good-quality education;
- Initiatives from the Government;
- Affordable accommodation.
However, Texas offers benefits not only to employees but to employers too: The state is one of the country’s most favorable places for any business because of its low tax burden — it features no personal or corporate income tax. When reaching out to candidates, Austin recruiting firms always mention these benefits.
Offer Better Incentives than Other Companies
Due to the city’s rapid economic growth, companies like HipChat and Box have relocated to Austin and now recruit top country’s talent.
To succeed and hire the best available candidates, you might need to adjust your corporate incentives and packages. Make sure that your employees have opportunities to grow and excel in what they do. In Austin, competitive salaries are simply not enough to find the best specialists.
Look for the Perfect Candidate Outside of Austin
Any Austin recruiting firm knows how hard it could be to attract the right candidate. That is why it is so important to have a creative approach and a lot of patience.
The best way to quickly fill the role is to post your job offer on national job boards. Many potential hires would be excited to relocate to Texas due to good living conditions and affordable accommodation.
Hire and Train Interns from Local Universities
Austin is home to many good universities: Concordia University of Texas, St. Edward’s University, and the University of Texas.
Recruiting firms in Austin know that it is important to keep an eye on fresh grads. After years of intensive training, these young specialists are ready to work on a multitude of challenges. To attract graduates, nurture relationships by offering attractive internships and apprenticeships. By the end of the training program, you will have a skilled worker who is competent to solve your company’s problems.
Consult with an Experienced Austin Recruiting Firm
If finding the right candidate in Austin takes too much time, do not hesitate to get in touch with a local staffing firm. Whether you need temporary staffing or a full-time employee, a seasoned recruitment firm knows how to find the right person for the job.
Before reaching out to a recruiting company in Austin, prepare all the information about the position you want to fill. The more information you provide, the faster the recruiting agency will be able to fix interviews with promising candidates.