Insights for
hiring managers
Insights for hiring managers
Insights for
hiring managers
Key to that, of course, is retention—because it’s no use attracting the best people into your business if they don’t want to stay.
What strategies are employers using to stay competitive in attracting talent?
| Employee skills training | 39% |
| Investment in training programs | 38% |
| Salary increases | 36% |
| Employee wellbeing initiatives | 32% |
| New ways of working—including remote, hybrid, or flexible working | 32% |
| Engaging employees around the mission, vision, and values of the organization | 26% |
| Company profit sharing | 25% |
| Developing a business case for more resources | 24% |
| Introduction of a bonus (monthly/bi-annual/year-end bonus) | 24% |
| Environmental, social, and governance (ESG) policy | 19% |
| Equality, diversity and inclusive hiring practices | 19% |
| Increased leadership visibility | 19% |
| Increased benefits and perks | 15% |
| None of the above | 8% |
| Other | 2% |
Hiring NetSuite professionals
Hiring managers tell us that, on average, it takes six months to find a new NetSuite hire. And 58% of hiring managers told us they are looking to hire a NetSuite professional in the next 12 months. Over two-thirds (69%) are confident they can find the right candidate on the first attempt, while 22% are not confident.
What are your top tech staffing challenges over the next 12 months?
| Increased competition for talent | 33% |
| Talent retention | 31% |
| Managing remote employees | 27% |
| Lack of resource/capacity in-house | 25% |
| Lack of skills/experience in the market | 25% |
| Buy-in from senior leadership on the need to recruit | 25% |
| We struggle to pay the market rate/what candidates demand | 23% |
| Talent attraction | 23% |
| Lack of skills in-house | 21% |
| Disengaged employees | 20% |
| Personnel change (e.g., redundancies, restructure, and role changes) | 14% |
| We struggle to identify the skills we need/lack | 11% |
| An increase in demand for contractors/freelancers | 9% |
| Virtual recruiting | 8% |
| Our current training program is not effective in upskilling inexperienced candidates | 8% |
| Not sure | 4% |
| Other | 3% |
| Increased competition for talent | 33% |
| Talent retention | 31% |
| Managing remote employees | 27% |
| Lack of resource/capacity in-house | 25% |
| Lack of skills/experience in the market | 25% |
| Buy-in from senior leadership on the need to recruit | 25% |
| We struggle to pay the market rate/what candidates demand | 23% |
| Talent attraction | 23% |
| Lack of skills in-house | 21% |
| Disengaged employees | 20% |
| Personnel change (e.g., redundancies, restructure, and role changes) | 14% |
| We struggle to identify the skills we need/lack | 11% |
| An increase in demand for contractors/freelancers | 9% |
| Virtual recruiting | 8% |
| Our current training program is not effective in upskilling inexperienced candidates | 8% |
| Not sure | 4% |
| Other | 3% |
Hiring manager at an end user?
Discover what organizations like yours are offering candidates
Get ahead of the competition
Hiring manager at a NetSuite Partner?
Gain insights into the latest trends from the partner ecosystem
Find out what attracts NetSuite pros to Partners
Hiring manager at an end user?
Hiring manager at a NetSuite Partner?
Hiring manager at an end user?
Hiring manager at a NetSuite Partner?
Are NetSuite professionals experiencing burnout?
According to our respondents, what were the consequences of experiencing burnout?
- Employees seeking other opportunities and leaving their employer
- Reduced efficiency, productivity, and output
- Poor physical and mental health, resulting in sickness leave
- Fatigue
- Low morale, motivation, and enthusiasm for work
- Disrupted work-life balance—including a lack of time to spend with one's family
Burnout can impact the quality of work produced. As a Functional Consultant from the United States explains, “I’m less productive, tired, and cannot retain information as easily”. This can also impact clients, “my productivity has suffered, leading to client dissatisfaction”, according to a Solution Architect based in the US.
Employees might start to feel apathetic towards their work, which happened to an Accounting Manager from the US “I stopped being passionate about my work and only do the tasks I am given. I no longer give 110%”. Worryingly, some respondents endured ill health due to burnout: “I suffered from a lack of sleep, digestive issues, increased pessimism, and a desire to seek other opportunities” [Purchasing Assistant, United States].
Conclusion
Driving a NetSuite team that achieves success is clearly a difficult balancing act. While the potential of the platform is vast, expectations need to be managed in order to avoid employee burnout. It’s no use having a group of highly skilled professionals that simply aren’t motivated.
Beyond being the fundamentally right thing to do, employee wellbeing also brings positive results to your business. Healthy people make better decisions—and that means physical and mental health.
The future workplace
Are NetSuite professionals happy to work in the office five days a week?
hybrid working
Hiring remote employees
Almost half (48%) of hiring managers have hired a remote NetSuite professional in the last three years.
How well are remote employees performing?
They more than exceeded expectations
They met expectations
They performed less than expected
Of the hiring managers that encountered an employee performing below par, 50% believe that remote or offsite working impacted that worker’s performance.
The future of work
For professionals, it offers a more seamless blend between home and the office, enabling a far healthier work-life balance when implemented properly. For employers, it gives access to a much wider and diverse talent pool to hire from.
After all, there are an almost unlimited number of reasons someone may not be able to work a full-time office-based position. Whether that’s the commute itself or commitments at home, the simple fact is that remote work offers the chance to reset the dial when it comes to recruiting.
The future of work isn’t simply about how many days someone should spend in the office, however. Things such as updated benefits also go hand-in-hand with it. After all, there’s no use in a fully remote role where the key perks involve free parking or access to a gym in or close to the office.
While the data shows an almost even split between those who’d be influenced by an organization demanding a five-day week spent in the office, there’s still a third of candidates who would be dissuaded by this—which makes it a pretty important consideration for NetSuite employers around the world.
Insights from currently unemployed NetSuite professionals
What factors that are important to unemployed professionals when seeking a role?
How likely are unemployed professionals to accept a role that involves working in the office five days a week?
Our key findings report contains highlights from this year’s Careers and Hiring Guide, plus our salary tables allow you to compare your salary or benchmark your teams’ salaries no matter their role in the NetSuite ecosystem.
