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2018 Trends to Watch: 6 Trends That Will Impact Employers

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2018 Trends to Watch: 6 Trends That Will Impact Employers
Source: http://www.humanresourcestoday.com
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2018 Trends to Watch: 6 Trends That Will Impact Employers

  1. 1. Many businesses have not yet updated their pay packages to reflect market realities, especially for hard-to-find talent. Hiring managers must weigh the importance of the quality of a candidate against the cost to recruit them, and companies that continue to keep wages below market will struggle. This will also drive employers to more broadly offer nontraditional benefits, such as wellness perks and competitive maternity and paternity leave.
  2. 2. Research shows that candidates don’t just want, but expect the option to work from home, work part-time, or have access to flexible scheduling. Flexible work arrangements will remain key to employee attraction and retention, and companies will expand their use of agile talent by filling one-time temporary resources and seasonal staffing needs or bringing in highly-specialized consultants to tackle critical initiatives.
  3. 3. With a depleted candidate pool, employers are struggling more than ever to identify right-fit candidates with the depth of necessary skills. While hard skills reign in sectors like technology and health care, less-teachable soft skills will continue to be critically important—even in a more technology-driven work environment. Employers will increasingly focus on training existing or future hires, especially when they find the culture fit they are looking for or superb soft skills.
  4. 4. Although much of the industry discourse around the STEM skills gap focuses on jobs that require advanced degrees, midlevel STEM jobs like computer support specialists, web developers, and engineering technicians are actually in the highest demand. These vacancies present a real opportunity for employers to upskill workers with high potential and the ambition to grow.
  5. 5. Many organizations have already begun incorporating automation into their workflows to make their employees and processes more effective and efficient. But, despite fears that automation will eliminate jobs, the need for skilled humans to operate, use, and advance technologies will remain significant for the foreseeable future.
  6. 6. Data is evolving beyond metrics like employee engagement and retention rates. In 2018, more organizations will place data at the forefront of strategic workforce planning, with metrics that help them understand how to build better teams, make more processes agile or lean, analyze the utilization of resources across the company, and truly understand the output of cross- functional teams.

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