Baby Boomers are 76 percent white, whereas the millennial generation is only 56 percent white. Diversity continues to increase with Gen Z as well, with the percentage of Hispanic, Black, Asian, American Indian, and mixed-race higher than ever before. As more Baby Boomers continue retiring and the Millennial and Gen Z workforce population increases, what can we expect?
People analytics – a form of data and analysis that has revolutionized the workforce and staffing industries over the past two decades. As the digitization of the workplace and our understanding of data increases, the viability of people analytics becomes more apparent. We’re at a crucial point in the development of people analytics where employers have the chance to update and optimize their data processes with cutting-edge, innovative technology.
Sustainability is a term that’s gained an increasing amount of weight and significance in the past decade. But how will sustainability and eco-friendly measures come to define the first half of the 2020s?
With the recent advent of remote work and the ever-changing dynamics of the office, companies are becoming much more aware of the measures they can implement to reduce their environmental impact. Market demands also reflect this shift; consumers and employees are establishing sustainability-related requirements for the companies they purchase from and work for, respectively.
Though the pandemic has transformed the workplace in several ways, it’s also changed the way that employers and employees view work. Prior to the recent proliferation of remote work, sustainable measures like smaller office spaces, less on-site office resources, and reduction of greenhouse gas emissions were all seen as desirable goals to meet in the future.
One of the most talked-about sectors in 2021, financial technology, commonly known as fintech, is more than just a buzzword. This cutting-edge field is poised for explosive growth over the following decades. Financial organizations looking to keep up with the competition should hire STEM workers with the expertise to keep their company on the leading edge of fintech’s many applications.
Branding is sometimes difficult to conceptualize. For many business leaders, branding often seems like adaunting, abstract function that controls what the world thinks about their companies. If it’s hard to master one brand identity, you may be questioning, “Why should I put effort towards an additional brand identity?” The answer is simple: in 2021, when competition for talent is at an all-time high, you need to take the next step to differentiate your company from competitors.
The numbers don’t lie. Robotic process automation (RPA) is transforming recruitment process outsourcing (RPO) and the entire staffing industry. According to Staffing Industry Analysts research, the impact of the COVID-19 pandemic has accelerated the adoption of RPA to support remote work. 2020 represented the first year where RPO organizations adopted RPA at scale.1 So, what does this wide-scale adoption mean for staffing? These technologies have massive implications for recruitment processes. From automated candidate matching to programmatic advertising, RPA will continue to reshape staffing and organizations. Those that fail to adapt, run the risk of falling behind the competitive curve.
LinkedIn is pioneering the era of sharing our story with our professional ecosystems by releasing a set of cutting-edge new profile features. One of the standout features is called “Cover Story,” where you can record a “hello” video as part of your profile photo frame. According to LinkedIn’s Tomer Cohen “The most interesting part of every professional journey is the story behind it. No two professionals are the same: your career paths, skills, dreams, and aspirations are unique. Sharing your professional journey in an authentic and engaging way is the starting point for connecting with the communities that matter most to you.”
Unemployment rates have continued to go down and while this is generally a good sign, it creates more challenges than opportunities for employers. The hiring climate has changed so much that over two-thirds (68%) of the employers we surveyed for the 2019 SCALE said they changed their hiring process to be more competitive.
AppleOne Employment Services released its annual hiring and salary guide, the SCALE, today. This year, 31% of employers told AppleOne that unfilled positions cost them more than $500 per day. On top of that, employers find that top candidates are off the market within 10 days. This puts tremendous pressure on employers to speed up their hiring processes, and now more than ever, speed wins the hiring game.