Voluntary job separations are at an all-time high, creating two big problems for employers. First, there is fierce competition for talent, so replacing the people who leave isn’t easy. Second, losing talent means your team’s productivity will take a hit while you search for replacements. Even after onboarding new employees, your team won’t be at full strength because it takes time to train new employees and help them find their stride.
The 2020s have quickly brought about a sea change for the world of work: hybrid workplaces, increased use of contingent and freelance workers, a frequently shifting job market, and a rapidly changing workforce. One area of focus that seems under-highlighted is how leadership responded to these changes – in particular, the shift in employment dynamics. While some organizations and leaders have adapted proactively to changes in workplace dynamics, others have been slow to adapt to the new work landscape. So, what solutions should leaders implement to target new workers effectively while increasing the morale and retention of current workers?
In the face of a newly digitized world of work, workers have had to respond exceptionally fast to the organizational changes brought on by more frequent remote and hybrid work. However, the lens of this digitized workplace rarely focuses on leaders – whose work has been completely restructured and reinvented in numerous ways because of the hybrid landscape.
With the ongoing and widespread changes in the job and hiring markets, talent acquisition strategies have undergone a fast-paced renaissance. Employer branding, onboarding processes, and company culture have all experienced innovations and process improvements – and many companies have already begun to reap the benefits of these changes.
Women’s Equality Day was originally celebrated in 1971, a year after the historic Women’s Strike for Equality, and then later designated as a holiday in 1972. The Women’s Strike for Equality took place on the 50th anniversary of the passing of the Nineteenth Amendment,[i] serving as a meaningful demonstration for the furthering of women’s rights nationally and globally. Since then, Women’s Equality Day has served as a reminder of this strike and the signs of progress it stood for, having also grown to represent modern efforts to push forward progress for women’s rights.
Want Your Inclusion Efforts to Succeed? Join Forces With the LGBTQIA+ Community.
One in Fourteen
Millennials and Gen Z, the best-educated generations to date and the first true digital natives, are the largest workforce segment. A 2021 Gallup poll found that the post-1980s cohorts combined comprise 46 percent of the full-time US workforce. The number is expected to keep growing over the years, as the pandemic is pushing thousands of Baby Boomers into early retirement, and all of them will have reached the legal retirement age by the end of this decade. Consequently, emerging professionals will continue to transform the world of work.
Remote work, flexible schedules, and hybrid models have become industry standards overnight, and certain aspects of companies’ business models have been challenged with keeping up.
In particular, the dichotomy of work and life for most remote employees is becoming difficult to distinguish. Without the accommodations of a regular on-site office, workers have spent the past two years redefining and reconstructing the “office.”
By Nancy Coblenz, ActOne Group VP of Marketing
As we are in the midst of Mental Health Awareness Month, to some, this might be just a reminder to drink more water, take a day for yourself to recharge, or binge-watch Netflix … but to others, this month represents a personal commitment to self-growth, self-love, and self-care.
When you apply for a job, odds are an AI program will examine your resume before it reaches an actual person. From the point of view of a business or HR professional, it’s easy to see the appeal of AI recruiting – it can parse through resumes at an inhuman rate and reduces human error stemming from assumptions, mental fatigue, and certain types of bias. However, the candidate experience with AI recruiting is much different.
Across all sectors of the global workforce, companies have seen noticeable increases in terms of employees’ mental health concerns. As a result of the many societal changes brought on by the pandemic, workers are struggling to adapt to bigger workloads, a stifled work-life balance, and new occupational priorities.