Top Talent Trends of 2020
There’s lots in the media at the moment on ‘work-life balance’, ‘flexible working hours’ and ‘artificial intelligence’, and how these are the latest talent trends set to change not only how businesses function, but also how they recruit.
Simon Blockley, CEO at Guidan Globale, has done a great article in the Recruiter Magazine this month. He talks about his analysis of trends and data from employee surveys, the talent trends that they point to and how these will affect recruitment and general business as a whole.
Blockley highlights 4 areas of Top Talent Trends:
- The rise of Millennials and Gen Z
- Increase in remote work and permanent flexibility
- Work-life integration
- Harnessing technology
The first and last areas link nicely together. Millennials and Gen Z are now reported to make up a third of the workforce. Growing up with technology as opposed to seeing it develop slowly over time, makes a big difference to expectations within this workforce. More and more we are expecting businesses and offices to be tech driven. It’s strange to think back to a time when computers were not a standard office feature. We were hand writing job descriptions, advertising in the local paper and in Recruitment, we were hand delivering CVs to clients. A quick email with an attachment wasn’t even a remote possibility, let alone a machine doing the work for you. Technology has become an expected part, and the norm in every day life, not just in the world of work.
“Thanks to the increasing use of AI, machine learning and other emerging technologies, the employee experience has been revolutionised. Workforces now expect streamlined and instant services.”
He also points out that AI and predictive analysis within businesses will also be able to forecast hiring needs. He finishes the last section by writing ‘Technology will play an instrumental role in this decade, shifting how we work, think and deliver results.’ This will be as evident in hiring strategy and recruitment as it will in advancement of business productivity and output.
Work-life balance, flexibility, remote working and work integration.
Work-life balance is a term that has been used frequently over the last few years. More and more people are now valuing increased flexibility, an enhanced benefits package and remote working opportunities over pay. In fact, many candidates are even willing to take a pay cut to become part of an organisation that provides this. This is something to be aware of when recruiting. As competition continues to be fierce in this employee lead market, employers need to be aware of their job market competitors offering enhance benefits and flexible working as part of their package.
Work-life integration is a term on the rise. As the standard working week is around 37.5 hours, around a third of our time is spent at work. Work-life integration comes into play when employees are desiring ‘a role that allows them to bring their whole selves to work’, meaning employees are looking for positions that fulfil them not only on a professional level, but also a personal level.
Attracting talent continues to be a challenge for employers within the current recruitment climate. Companies need to stay competitive and employee focused and many are already seeing great results from doing so.
If you’d like to read more on hiring strategy, a recent article by Executive Grapevine reports on the ‘Least Effective Hiring Strategy’.
We have no shortage of top talent here at Dovetail so get in touch to find your next perfect fit! :0)
Source: Blockley, Simon. “Shaking Up Global Talent: Guidant Global Report Reveals the Top Talent Trends Set to Dominate 2020.” Recruiter, April 2020, pp. 12 – 13.
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