The great resignation

Hiring + retaining talent in a candidate-driven market

Hiring + retaining talent in a

candidate-driven market

The great resignation

Hiring + retaining talent in a candidate-driven market

 The state of hiring

  The state of hiring

We are currently experiencing what is being dubbed "The great resignation." Hiring is picking up and employees are feeling more comfortable leaving their jobs. With the job market rapidly evolving, job vacancies are at a 20-year high and employers are struggling to fill them!
Business Insider
In the U.S. there are currently about

One Million

more job openings than people looking for work

CNBC - August 2021

We are currently experiencing what is being dubbed "The great resignation." Hiring is picking up and employees are feeling more comfortable leaving their jobs. With the job market rapidly evolving, job vacancies are at a 20-year high and employers are struggling to fill them!
Business Insider
In the U.S. there are currently about

One Million

more job openings than people looking for work

CNBC - August 2021

We are currently experiencing what is being dubbed "The great resignation." Hiring is picking up and employees are feeling more comfortable leaving their jobs. With the job market rapidly evolving, job vacancies are at a 20-year high and employers are struggling to fill them!
Business Insider
In the U.S. there are currently about

One Million

more job openings than people looking for work

CNBC - August 2021

We are currently experiencing what is being dubbed "The great resignation." Hiring is picking up and employees are feeling more comfortable leaving their jobs. With the job market rapidly evolving, job vacancies are at a 20-year high and employers are struggling to fill them!
Business Insider
In the U.S. there are currently about

One Million

more job openings than people looking for work

CNBC - August 2021

Due to the current state of the market, employers are feeling anxious!
Due to the current state of the market, employers are feeling anxious!

49%

of employers are worried about their current ability to retain talent.
Career Arc

45%

of employers are concerned about applicant quality for open roles.
Career Arc
Due to the current state of the market, employers are feeling anxious!
Due to the current state of the market, employers are feeling anxious!

49%

of employers are worried about their current ability to retain talent.

Career Arc

45%

of employers are concerned about applicant quality for open roles.

Career Arc

Due to the current state of the market, employers are feeling anxious!
Due to the current state of the market, employers are feeling anxious!

49%

of employers are worried about their current ability to retain talent.
Career Arc

45%

of employers are concerned about applicant quality for open roles.
Career Arc

49%

of employers are worried about their current ability to retain talent.
Career Arc

45%

of employers are concerned about applicant quality for open roles.
Career Arc
 Evolving Employee Expectations

   Evolving Expectations

As a result of the pandemic, employee expectations have shifted drastically—and it’s unlikely that they’ll ever go back. 

1 in 4 employees did not agree with the way their employer handled the COVID-19 crisis

2021 Hiring Outlook

95% of professionals are currently considering changing jobs

Monster.com

1 in 4 employees did not agree with the way their employer handled the COVID-19 crisis

2021 Hiring Outlook

95% of professionals are currently considering changing jobs

Monster.com

1 in 4 employees did not agree with the way their employer handled the COVID-19 crisis

2021 Hiring Outlook

95% of professionals are currently considering changing jobs

Monster.com

1 in 4 employees did not agree with the way their employer handled the COVID-19 crisis

2021 Hiring Outlook

95% of professionals are currently considering changing jobs

Monster.com

What job seekers find important today:

Flexible work options

78%

of employees would prefer to be fully or partially remote!

 2021 Hiring Outlook

Positive employer brand

82%

consider employer branding before even applying.

Career Arc

DE&I Initiatives

83%

of millennials are found to be more actively engaged in their work when companies are more inclusive!

Built In

Support from leadership

91%

feel the actions of executive leadership affect the overall culture of their organization.

2021 Hiring Outlook

 Meeting Your Talent Needs

  Meeting Your Talent Needs

As professionals have adapted to new ways of working, collaborating, and communicating, they have discovered many new benefits from these changes—including greater flexibility, work-life balance, and autonomy. If the experience you offer cannot meet these expectations, you risk missing out on top talent and losing employees to companies that do. To align on these expectations, be sure to:

Highlight your employer brand

Job seekers have access to a wealth of company information through websites, social media, press, and employee reviews. With professionals utilizing these resources to make informed career decisions, not having a strong employer brand can impact your ability to attract top talent. This is especially critical during a remote hiring process, where job seekers need to heavily rely on what they see online. Consider all the ways you can leverage your online presence to get someone excited about joining your team!

[INFOGRAPHIC] The Definitive Guide To Employer Branding In The Hiring Process

Prioritize DE&I initiatives 

Leading a workplace where employees feel represented, valued, and heard should be a top priority for organizations. Some businesses may feel they have it right when it comes to fostering a diverse and inclusive workplace, but others may be struggling with ways to really intertwine the two into their core mission and values. While both serve different purposes—diversity focuses on what makes each person unique, while inclusion incorporates ways to make people feel comfortable and welcome—both are crucial in setting any business up for success. If you're looking to foster a more diverse and inclusive workplace, consider the following:

Getting your leaders involved
Setting measurable goals
Forming an internal committee
Celebrating differences

[BLOG] 4 Ways To Foster A More Diverse And Inclusive Workplace

Ensure staff feel supported

Supporting the well-being of your employees should always be a top priority. Beyond balancing personal time with work, people may be experiencing stress in other aspects of their lives that could be affecting their mental health, driving them to want to look for new opportunities, or leave the workforce in general. When implementing new wellness programs, or evaluating your current offerings for mental health assistance, make sure they are set up to:

Identify internal and external stress-inducing challenges
Reduce stress and anxiety in the workplace
Educate staff on ways to manage their mental health
Identify those who may be at risk
Offer staff the support they need 

Foster a connected environment

Collaboration takes more effort in a virtual or semi-virtual environment, which is why it’s critical to establish the right tools and expectations for communication. By investing in the right technology, like instant messaging tools and video conferencing software, you can greatly improve your team’s ability to communicate. At the same time, it’s important to encourage management to regularly engage with their teams, whether through frequent check-ins, events, or just to have a casual conversation.

[Blog] 6 Virtual Team Building Activities To Boost Morale

Offer more flexibility

64% of businesses plan to return to the workplace this year. 68% of those businesses plan to implement some kind of hybrid model.

Deloitte

Concerns about remote work still remain, however

many of these are proven to be wrong...

32%

of employers are worried about maintaining culture

Career Arc

26%

of employers anticipate performance failing

Career Arc

19%

of employers think collaboration will take a hit

Career Arc

64% of businesses plan to return to the workplace this year. 68% of those businesses plan to implement some kind of hybrid model.

Deloitte

Concerns about remote work still remain, however

many of these are proven to be wrong...

32%

of employers are worried about maintaining culture

Career Arc

26%

of employers anticipate performance failing

Career Arc

19%

of employers think collaboration will take a hit

Career Arc

64% of businesses plan to return to the workplace this year. 68% of those businesses plan to implement some kind of hybrid model.

Deloitte

Concerns about remote work still remain, however

many of these are proven to be wrong...

32%

of employers are worried about maintaining culture

Career Arc

26%

of employers anticipate performance failing

Career Arc

19%

of employers think collaboration will take a hit

Career Arc

64% of businesses plan to return to the workplace this year. 68% of those businesses plan to implement some kind of hybrid model.

Deloitte

Concerns about remote work still remain, however many of these are proven to be wrong...

32%

of employers are worried about maintaining culture

Career Arc

26%

of employers anticipate performance failing

Career Arc

19%

of employers think collaboration will take a hit

Career Arc

Employees have not only loved the flexibility to work from home, but they have proven to be equally or more productive. Professionals want to maintain this flexibility beyond the pandemic, and to attract and retain talent, employers need to offer it. By giving staff more autonomy over where and when they work, they'll feel trusted and empowered to meet their goals—something employees really value. 
 Ways to efficiently secure new talent

  Ways to secure new talent

In today’s competitive hiring environment, your interview process needs to be swift and efficient. With candidates in high demand, employers who drag their feet during the process will miss out. Here a few ways to fine-tune your strategy and secure the talent you need:

Hire virtually

Utilize technology

Adopt panel-style interviews

Make fast, competitive offers

Hire virtually

Utilize technology

Adopt panel-style interviews

Make fast, competitive offers