10 Global Talent Acquisition Trends to Keep an Eye on in 2022
10 Global Talent Acquisition Trends to Keep an Eye on in 2022
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1. Flexibility Is the Main Drive in Staff Acquisition and Retention
Since COVID-19 has arrived, we have been facing many challenges, one of which is restrictions that are forcing us to work remotely from our homes. As the whole world is adjusting to the ‘New Normal,’ work from home has become something that we are used to.According to a research from LinkedIn, 87% of employees
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1. Flexibility Is the Main Drive in Staff Acquisition and Retention
prefer to remain working remotely even though it is safe to return to their offices in some parts of the world. This has led 81% of executives to change their companies’ workplace policies and offer more flexibility to the staff.
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2. It’s Not Just About Degrees and Diplomas Anymore
Degrees, diplomas, certificates, or past experience don't seem to be the main consideration for recruitment anymore. Research has shown that from 2019 to now, managers hired who do not possess a traditional university degree are constantly increasing. Continuing forward, it is likely that the emerging trends in talent acquisition like this are
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2. It’s Not Just About Degrees and Diplomas Anymore
here to stay. The time has changed so did the main factors in recruiting talents. Focusing more on skills rather than traditional requirements like degrees or certificates will help employers bring in new perspectives into their companies and diversify the workforce.
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3. Advanced Technologies & Innovations Are Now One of the Essential Parts
Like the ever-evolving global recruiting trends, we have always been developing technologies and innovations to help us work more efficiently since the industrial revolution. As we move toward the digital edge, AI technology has advanced itself enough to become a very powerful tool for recruitment professionals. In a competitive recruiting market, time is of the essence.
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4. The Rise of ‘Gig Economy’
The global pandemic has given birth to many new and standout work economies, one of them being the ‘gig economy.’ It mainly focuses on freelancing or part-time work instead of full-time or permanent contact work. A gig worker is able to work from anywhere in the world within the internet range, of course.
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4. The Rise of ‘Gig Economy’
The gig economy offers absolute flexibility to both employers and workers. Considering the current talent acquisition trends, many businesses will certainly be looking for a specialist for a specific project that can be carried through remotely more often. This new kind of work economy will surely receive popularity in the near future.
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5. ‘DEI’ Will be the Center of Workplace Culture
We are living in the Great Reshuffle era. Employees nowadays desire to exercise their skills for organizations that are offering work cultures that align with their values. Moreover, most job seekers today are expecting to find Diversity, Equity, and Inclusion or DEI information on companies’ public channels.Therefore, as employers or
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5. ‘DEI’ Will be the Center of Workplace Culture
companies, showing your commitment to equity and keeping up with these global recruiting trends must be on top of your priority list. Integrating DEI into your company’s core will reduce the bias in the candidates’ screening process while offering more inclusive benefits to the supporting employee resource groups (ERGs.)
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6. Internal Mobility Will Become Crucial in Talent Acquisition
Internal mobility programs will become an important component in the current global talent acquisition trends and recruitment strategies. By offering candidates a chance to learn and develop, as well as an opportunity to switch their career paths will attract quality talents and boost your retention percentage. Employees and candidates
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6. Internal Mobility Will Become Crucial in Talent Acquisition
today have the drive to continue learning and progressing in their careers. LinkedIn’s 2019 Workplace Report pointed out that if a company invests in its staff’s learning and development, over 94% of employees would remain at a company longer.
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7. Caring Will Help You Attract More Talents
Data from LinkedIn reveals that employees who feel cared about at work are 3.2 times more likely to be happy to work for their current companies and more likely to recommend people to work for their companies.On the other hand, at companies that have failed to establish a caring work environment, employees are
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7. Caring Will Help You Attract More Talents
almost 50% more likely to leave their positions and apply for a new job. This shows that in order to attract talents, retain existing employees, and keep up with the evolved global hiring trends, you need to adjust your management strategy and care a little bit more about your staff.
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8. The Emergence of Employer Branding
As the talent acquisition trends are in a constant state of flux, the recruiting market has gotten more competitive, establishing a good reputation as an employer is one of the keys to attracting the best talents. The better your brand image, the higher in quality of applicants you will receive.According to LinkedIn’s
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8. The Emergence of Employer Branding
Ultimate List of Employer Brand Statistics, over 75% of job seekers are researching companies' brands and reputations before applying for the job. On the other side, businesses and organizations with a bad reputation or brand image are likely to find trouble in attracting talents and retaining existing employees. Based on
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8. The Emergence of Employer Branding
an online survey, over 50% of people would not work for a company with a bad reputation even if they are being offered a higher salary.
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9. Companies Will Be Prioritizing Entry-Level Talents
In times like these, grabbing highly experienced or skilled individuals as new additions to your company might be a bit hard. Rather, prioritizing entry-level employees while the global hiring trends are shifting can help you speed up the recruitment time while reducing recruitment costs. It’s also a good way of counteracting the
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9. Companies Will Be Prioritizing Entry-Level Talents
talent shortage issue.Based on information from the Open University Business Barometer 2021, more companies are prioritizing entry-level talents. 56% of employers in the United Kingdom look at apprenticeships and work-based learning as crucial foundations that the future of their organizations can be built upon.
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10. More Companies Will Offer Sign-On Bonuses to Attract More Candidates
In the past, sign-on bonuses used to be exclusively for highly skilled or niche positions. Now, due to the competitive talent market which is a result of evolving global hiring trends, companies use sign-on bonuses to attract candidates in every role and position. According to GlobalData’s research, the amount of positions that are offering this
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10. More Companies Will Offer Sign-On Bonuses to Attract More Candidates
benefit has increased by 454% in the past year.To companies, sign-on bonuses come with pros and cons. Providing your employees with sign-on bonuses reduces your long-term financial responsibility because they are a one-off payment. However, in the second year, you might be at risk of losing employees if they no longer feel fairly compensated.