We’re into the second half of 2022, and there is so much we can still accomplish. What staffing trends have we seen already, and what’s yet to come before we turn the calendar to 2023? With inflation rising and concerns about the economy, what can we expect as we round out the year? Here are some trends to keep an eye on.
What Staffing Trends Are You Looking Out For This Year?
The Great Resignation
The Turnover Tsunami made a big splash in the second half of 2021. But the surge isn’t over yet. The Great Resignation has not slowed down, and there are more job openings than job seekers right now. That means the competition for top talent is higher than ever. Companies afraid of hemorrhaging talent should take a very close look at policies that impact retention.
Immigration plays a large part in developing the labor force. However, as borders closed tighter during the pandemic, a significant drop in people coming into the U.S. and Canada impacted the labor force. As things have been loosening this year, it will be interesting to see how immigration affects jobs moving forward.
To retain top talent, companies need to focus much more on upskilling and reskilling than hiring outside candidates. Seeing potential in current employees and providing training to take their careers to the next level can be a valuable long-term investment. Reskilling offers the opportunity to completely retrain workers with out-of-date skills to take on new work that fits their skills and abilities.
The Candidate Experience
Because there are fewer candidates, the candidate experience has never been more critical. Companies need to streamline their application process to avoid losing talent at the beginning of the pipeline. Consistent communication is vital. Even if candidates do not get the job, they must be informed. You never know when someone will be the right choice down the line.
Of course, we can’t talk about employment trends without talking about flexibility and remote work. Elon Musk made waves after announcing that 40 hours a week minimum in the office would be required for all Tesla employees. Many large organizations believe returning to work is essential, but many workers demonstrate that it isn’t. Top talent will be lost in this process, and providing hybrid or remote work may still be a smart move for retention.
Do you want to know more about current staffing trends?
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