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May 22, 2015
Newsletter Article
The outlook for agribusinesses remains strong according to the new AgCareers.com 2012-2013 Agribusiness HR Review. The review is compiled using data from agribusiness employers and is now available to download FREE online. Valuable information on emerging industry trends and developments across a range of human resource practices are included.
In the United States and Canada, a key finding was that more than 90 percent of companies expect all or some staff to see salary increases in the next year. Around 90% of companies expect the size of their workforce to increase or stay the same over the next two years (96% in U.S. & 88% in Canada). The most common reason noted for the increase in workforce was a result of ‘growth strategy.’
A majority of companies responding has a structured staff performance system in place and link performance to a reward. Awarding bonuses is the number one way companies motivate employees to keep them productive and challenged by their role (77% in U.S. & 72% in Canada) according to respondents. Approximately half of employers measure employee satisfaction (58% in the U.S. and 43% in Canada), with internal surveys being the number one form of measurement. The majority of companies conduct exit interviews. Performance systems and employee satisfaction measures should not be taken lightly because of their ability to provide valuable data to assist in improving employee morale and strengthening retention.
The HR Review data shows that referrals still rank highest as the most effective means of reaching prospective candidates, followed by online job boards, such as AgCareers.com. Employers plan to do more college/university recruiting in the next five years (64% in U.S. & 70% in Canada), with the number one reason being career progression and succession planning strategies. AgCareers.com recognizes the need for strong collegiate recruiting programs and offers several opportunities for employers to interact with students and faculty through the HR Roundtable, College & University Newsletter and database, and campus ambassador program.
Additional detailed information on the above subject areas, along with turnover, seasonal staff, training, overtime, benefits, employer branding, retirement and more can be found by downloading a full FREE copy of the Agribusiness HR Review- click the following links to download your copy now!
Separate U.S. and Canadian editions are available:
Canadian Agribusiness HR Review
For more information, contact compensation@agcareers.com
