It’s not yet Labor Day, but businesses that rely heavily on holiday hiring should start now.
That’s the word from an article in the Playbook, a Sacramento Business Journal publication that provides business owners and executives with what they need to know to grow and protect their businesses.
Using Bureau of Labor Statistics, “Planning to Ramp Up Hiring in Q4? Experts Say to Start Now—and Prepare to Pay More,” describes a job market where workers have more leverage, with about 10.7 million job openings. While that number is down from previous months, the unemployment rate is hovering at about 3.5%, or roughly 5.7 million people. The quit rate is holding steady at about 2.8%, or about 4.2 million workers, still far above historic averages.
Need to hire for the holidays?
First, business owners need to think proactively about how to retain their current employees, Harley Lippman, CEO at Genesis10, told Senior Reporter Adam Medici. Seasonal hiring will be much harder if the company has trouble retaining its existing employees.
Lippman suggested that it is better for businesses to start sooner rather than later.
“Start your hiring process even earlier. If you are able to find ways to bring in workers before the competition, you will face fewer issues with hiring,” he said.
Genesis10 CEO Harley Lippman was recently recognized as a Best CEO for Diversity and a Best CEO for Women by Business Insider. Staffing Industry Analysts consistently recognizes Genesis10 as a Top IT Staffing Firm.
Harley’s leadership extends beyond business. He serves on the boards of leading business, academic, and policy institutions. His appointments include the U.S. Agency for International Development’s Partnership for Peace Advisory Board, where he helps advance efforts to foster trust and cooperation between Israelis and Palestinians. He has also served, by presidential appointment and Senate confirmation, on the U.S. Commission for the Preservation of America’s Heritage Abroad under multiple administrations.
He sits on the boards or advisory councils of Yale University’s School of Management, Columbia University’s School of International and Public Affairs, the Brookings Institution, The Washington Institute, the Middle East Forum, and the American Israel Public Affairs Committee (AIPAC), where he serves on the Political Leadership Council and Executive Committee.
Previously, Harley served as public director of the New York Mercantile Exchange and held leadership positions with the American Jewish Congress and the America-Israel Friendship League.
A committed philanthropist, Harley is the sole financial supporter of an orphanage in Cambodia, where he has helped dozens of children access education and opportunity, including funding college tuition for many. He has also led efforts to identify and memorialize unmarked Holocaust mass graves in Eastern Europe, helping preserve the memory of those lost. His documentary, Safeguarding Memory, aired on PBS and received two awards for its impact and storytelling.
Harley continues to combine business leadership with civic responsibility, making lasting contributions to the fields of technology, education, diplomacy, and remembrance.
