6 recruitment trends you can't ignore in 2015
TRANSCRIPT
6/29/2015 6 Recruitment Trends You Can't Ignore in 2015
http://www.entrepreneur.com/article/240951 1/5
PREDICTIONS 2015
6 Recruitment Trends You Can'tIgnore in 2015
Image credit: Daniel Kulinski | Flickr
DECEMBER 17, 2014
HEATHER R. HUHMANCONTRIBUTOR
Career and Workplace Expert; Founder and President, Come Recommended
Talent acquisition is a top priority for employers in 2015. LinkedIn’s 2015
Global Recruiting Trends released in October projected that employers will
need to create larger budgets and prepare to hire in larger volumes over the
next year.
6/29/2015 6 Recruitment Trends You Can't Ignore in 2015
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For example, 49 percent of 450 financial professionals surveyed in
November expect their companies to increase hiring next year, according to
the 2015 Association for Financial Professionals Business Outlook.
As employers plan to hire more employees, they should be mindful of the
following trends:
Related: With Latest Jobs Report Beating Forecasts, Fed May Raise
Interest Rates
1. Focus on retention. The Conference Board, a New York-based research group, discovered 52.3
percent of 1,673 Americans surveyed in June are unhappy at work.
Unhappy workers typically leave their jobs to explore new opportunities in an
improved economy. So employers should find new ways to retain and recruit
talent.
Last year, 73 percent of some 600 U.S. employees surveyed were satisfied
with their co-worker relationships (6 percent less than in 2012), according to
the Society for Human Resource Management’s "Employee Job Satisfaction
and Engagement" report. Just 70 percent of employees said they were
satisfied with their relationships with their supervisor (a 5 percent drop from
2012).
In a survey of 1,039 millennials by Elance-oDesk released in October, nearly
80 percent of the respondents said they would like to quit their regular job to
work for themselves.
Employers should identify why some individuals might want to work
independently and use this data to improve their workplace.
To boost retention and recruitment, identify top performers who could
6/29/2015 6 Recruitment Trends You Can't Ignore in 2015
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potentially leave and find out how to keep these employees fulfilled. In
addition, forecast potential turnover rates to be prepared.
2. Offer competitive wages.Research released by Michigan State University in October revealed that 37
percent of 5,700 employers surveyed said they plan to increase salaries of
entry-level workers 3 percent to 5 percent next year.
Compensation ranked as most important job satisfaction factor for U.S.
employees, according to the Society for Human Resource
Management report last year.
Research how much competing employers pay their employees. Use this
information to create a budget to pay employees fairly for their skills and
dedication.
Related: The Top 10 Companies to Work For in 2015
3. Develop a compelling employer brand.Employer branding can help with recruiting efforts. Fifty-six percent of 4,125
global talent leaders in 31 countries surveyed for LinkedIn’s 2015 Global
Recruiting Trends said they believe cultivating their employer brand is a top
priority.
Create a compelling employer brand by designing a company career website
for job seekers outlining the organization’s values, culture, accomplishments
and benefits. Employers can also enhance their company's image on social-
media platforms such as LinkedIn, Twitter and Facebook and engage with
prospective employees online.
4. Plan for generational shifts.The U.S. Census Bureau confirms for me in a phone interview that 3.4 million
people will turn 65 in 2015.
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Knowing that 9 out of 10 individuals who are age 65 and older receive Social
Security benefits, according to the Social Security Administration, it’s quite
possible a lot of these individuals will choose to retire next year.
Some 2.8 million people received new Social Security benefits in 2013, 2.7
million in 2012 and 2.6 million in 2011. So it seems that the number of people
retiring each year is on the rise.
For example, the Social Security Administration expects 33 percent of the its
own workforce, including 48 percent of its supervisors, to be eligible to retire
in 2015.
As more baby boomers retire and millennials enter leadership roles,
employers will need to find ways to transfer valuable skills to younger
staffers. In addition, HR departments will need to develop strategies to train
and motivate millennials.
5. Prepare for the gig workforce. According to a study of more than 5,000 American freelancers released in
August by the Freelancers Union and Elance-oDesk, 34 percent of the U.S.
workforce -- or 53 million people -- is now working as freelancers.
This is a significant rise from the tally in 2004 of the contingent workforce by
the federal General Accountability Office, which found about 42.6 million
American workers were freelancers.
Employers might want to hire more freelancers and contract workers in the
near future.
Freelance employees can fill talent shortages within an organization. When
hiring freelancers, create a flexible work environment and don’t expect each
person to agree to full-time contracts. Develop guidelines for hiring
freelancers and how they’ll be managed.
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6. Solidify a mobile recruitment strategy.In Jobvite’s Social Recruiting Survey released in August, nearly 70 percent of
1,855 recruiters surveyed said they expected more competitive hiring over
the next 12 months. And 73 percent of the recruiters surveyed said they plan
to invest more in mobile recruiting to address this trend.
Create a mobile career site that lets job seekers apply for jobs directly from a
mobile device. Hiring managers will probably want to use mobile recruitment
so that they can post jobs on the go and create postings that can be easily
shared on social media and readily responded to.
What hiring trends are you preparing for in 2015?
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