The pendulum in the labor force has swung in the other direction as current market conditions and staffing contractions at large firms have caused a recent influx of high-quality talent into the labor pool. In this episode of Advisor Talk, Elite Consulting Partners CEO Frank LaRosa and President Dale Dempsey discuss the latest employment trends and provide hiring strategies that can be used now by financial advisors to substantially influence the future success of their practice.
Among the topics Frank and Dale discuss are:
*the difference between simply hiring and seeking out talent and the value in looking across industry sectors to find the right employees with the right skill set.
*values based hiring principles and why establishing your company’s core values is a step fundamental to attracting and retaining the right talent.
*delivering a high level of service as an imperative during variable market conditions and why building a dynamic and client-oriented team is essential to succeeding under this paradigm.
*why shifting to a more thoughtful hiring protocol is possible because of the substantial labor pool currently available.
Frank and Dale challenge every listener to always be looking for the right talent as a key to successfully growing and scaling an enterprise. The insights they offer and the analysis they provide as to where the needle is pointing when it comes to the labor force is a wake-up call that will have you re-evaluating how you approach building your own team and optimizing your practice through strategic hiring practices.
