"Insanity; doing the same thing over and over again and expecting different results."
Albert Einstein
Employment Research
JMJ is a full cycle recruiting firm and one of the top employment researchers in the nation. The fast paced competitive marketplace of today leaves no room for a business to make the same mistake twice. Our research team will deliver precise reports allowing you to make the right decision the first time.
Employment research allows you to adjust to market and geographical situations. Often before a corporation breaks ground on a new site, they will complete a comprehensive study of the talent pool and market to thoroughly understand the daunting tasks of hiring for a new location.
RESEARCH CASE STUDY
Imagine attempting to setup a budget for a new location in an area you’re
not familiar with. When a large automaker decided to make a move to the south,
uncertainty set in not knowing what the soft costs would be. With the broad
generalization that farmers in the south come from a strong work ethic many
of the new site development team thought finding talent to staff the plant
would be a non-issue.
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Compensation Assessment
Market changes happen instantaneously. During the technology explosion of the late 1990's, salaries skyrocketed while traditional non-tech corporations witnessed double-digit turnover rates without understanding the exact reasons for the mass exodus. Competitive compensation is integral to attracting new talent while simultaneously managing your turnover rate.
RESEARCH CASE STUDY
Compensation is difficult is to measure and maintain as market indicators
change so rapidly. Lack of involvement for even 12 months can result in significant
changes to your turnover rate. Compensation assessment doesn’t always
necessarily have to be pushing salaries up, but more often then not the lack
of a competitive salary and benefit package generates a turnover rate that
would make most executives uncomfortable.
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As identified in this new market we are experiencing today, salaries do not always increase. After the tech-boom, companies were left with inflated salaries that directly affected the bottom line. Those holding P&L responsibility turned to compensation experts to analyze the market. Armed with these expert analysis reports, businesses are able to institute wage cuts, easing the constraints on their budgets all while maintaining competitive wage standards.