Top 5 Human Resources and Recruiting Trends to Watch Out For in 2022
Since the inception of the pandemic, there has been a paradigm shift in the way we work, and so, the way we hire has also seen some phenomenal changes. The emergence of new and innovative technologies have had a significant impact on the future of work, and as 2021 comes to a close, it is high time that we analyze and predict what’s in store for the recruiting industry in the coming year.
Let us unearth the key trends that will create a huge impact in 2022
1. The Dawn of Hybrid Workforce Model Is Here To Stay
The advent COVID-19 has compelled organizations to adapt to a hybrid work model wherein the employees can choose a healthy mix of on-site and remote work, according to their will. With many organizations jumping on the bandwagon, a Hybrid work environment seems to be the future of work, and in the coming year, this trend is all set to continue.
In fact, according to research 79% of the C-suite executives will allow their employees to juggle between corporate offices and remote working, in case their job’s nature doesn’t require their presence at the office.
The sole intention here is to empower employees and keep them engaged even through testing times. And instead of mulling over where the employees work, it is better to shift the focus on how to deliver better results. This trend has been observed not just in a particular country, but across the world, and is sure to stay in the coming year as well.
2. Employee Skill Development for Gaining A Competitive Edge
Conducting upskilling sessions for employees have been a key trend in the recent past and it is the need of the hour at the moment. The pandemic has rendered limited access to overseas talent and a crippling shortage of multi-talented professionals. This has been the major reason for the rise in the demand for employee skill development. The employers have now realized that they need to analyze and assess the future skill requirements of their employees to meet the ever-growing demand.
So, the employers of today are majorly focusing on reskilling and upskilling their employees rather than outsourcing talents. This trend has seen a roaring welcome and will continue into the next year as well. Businesses are readily adopting this trend to meet their growth targets, promote effective innovation, reduce hiring costs, and meet the growing customer demand.
3. Internal Mobility As An Integral Part of Talent Strategy
Internal Mobility refers to the movement of existing employees across departments or roles within the organization. Over the last few years, as the talent market grew tighter, employers have started to embrace internal mobility. Furthermore, even after the aftermath of the pandemic, it didn’t suppress the appetite for internal mobility.
In fact, according to the Global Talent Trends 2020 Report, 81% of the Talent Acquisition pros surveyed agreed that internal recruitment improves employee retention. Additionally, it also accelerates the new-hire productivity by 69% and speeds up the hiring process by 63%.
As a proof to the theory, Schneider Electric, a France-based Energy Management Giant, launched their internal mobility platform called Open Talent Market as a major retention strategy about two years ago. They did so because they found that over 47% of the employees who were leaving claimed that they couldn’t find the next career opportunity at Schneider.
The employees of today need more than a job, they need a career. It is imperative that the companies of today make it evident for their employees that they can scale up their careers and achieve long-term success within the organization. Doing this doesn’t just help companies retain talents, but also create future leaders.
4. Creating a Diverse and Inclusive Workforce
Companies that want to grow must make it a mandate to hire professionals from various educational and socioeconomic backgrounds – the more diverse the workforce, the better. The idea here is to create a diverse talent pool with varying degrees of skills, capabilities, knowledge and experience.
In fact, according to a study conducted by Gartner, 45% of the HR professionals look to spend more time on diversity and inclusion. A diverse workforce that transcends age, race, religion, nationality, sexual orientations, and gender identity brings a diverse set of ideologies and perspectives to the table.
On top of it being a trend reigning in 2022, this trend is what we believe will help organizations reach their fullest potential.
5. Using People Analytics To Make Data-Driven Decisions
The ever-growing technology has now enabled companies to analyze their workforce data to help optimize their productivity to a new high. The modern organization of today is able to successfully leverage analytics to make informed decisions in areas such as Maneuvering employee retention risks, improving employee engagement, effectively managing HR costs and much more.
This trend has been seen across the globe in the last few years and is expected to continue into 2022 as well.
Conclusion
The year 2021 is coming to a close and obviously with changing times, the priorities change as well. It is always wise to keep your options and eyes open for the emerging HR trends and plan their hiring strategies keeping in mind that the global pandemic, though may not be far from over, has indeed revolutionized all the industries across the globe. Let’s talk!