People Pulse :: June 2008

Dear HR Managers and Business Owners,

What's ahead for BC businesses in 2008? Growth, but for many, increasing expectations to do more with less despite the growth.

According to over 400 organizations who participated in the first HR trends survey conducted by BC Human Resources Management Association in March, the main focus for HR in the coming year is in the area of recruitment and retention.

With the tightening labor pool as a background, 57% of respondents indicated recruiting the right people was a top priority. This was followed very closely by a focus on retaining staff with 48% of respondents indicating this as a priority.

Yet despite these challenges, Fewer than 28% of respondents expected any type of budget increase. A challenge? You bet it is.

This month's article provides an interesting perspective on how small companies can have an advantage in meeting expectations with fewer resources when it comes to recruiting.

Cheers,

Paul Gibbons
Partner, People First Solutions

P.S. A full copy of the 2008 Trends Report can be downloaded at: http://www.bchrma.org/temp_files/08trends_survey.pdf

Article: Small Businesses Offer More For Less

Demotivations: Intimidation

Revenue, Recruitment and Retention

The majority (56%) of organizations in BC expect their revenues to grow at over 5%, and 45% of organizations expect to increase their staffing levels at over five per cent.

Source: BCHRMA 2008 HR trends survey


	Small Businesses Offer More For Less With the U.S. economy under duress, and Canada's heating up, a growing number of experienced workers are choosing to move from large companies toward smaller professional firms. To be sure, small firms seeking to attract big fish still have to prove they're a stable alternative that offers competitive pay, but for some, the tradeoff is worth it.


	© Copyright 2008, Despair Inc.


	People First Solutions Inc. #210 - 1075 West Georgia St. Vancouver, BC CANADA V6E 3C9 Telephone: 604.684.2288 Facsimile: 604.684.2265 info@peoplefirstsolutions.com		People Pulse :: Subscription Information Click Here to forward this issue to a friend. Not currently a subscriber? Register now to receive future issues. We respect your privacy. © Copyright 2008, People First Solutions Inc. All logos, and names are the copyrights of the respective owners.