With a decreasing talent pool, companies are looking for individuals and talents outside of their sector, among the retired workforce, and in other non-traditional venues – a trend that might continue in the next year. According to recent studies by Korn Ferry, employee churn, the growth of the career nomad, and a stronger focus on
2. INTRODUCTION With a decreasing talent pool, companies are looking for
individuals and talents outside of their sector, among the retired
workforce, and in other non-traditional venues – a trend that
might continue in the next year. According to recent studies by
Korn Ferry, employee churn, the growth of the career nomad,
and a stronger focus on internal mobility are some of the Top
Talent Trends for 2022.
Based on feedback from organizational, talent, and leadership
experts from around the world, the research has highlighted 10
critical global talent trends to watch.
4. The rise of the career
nomad
The pandemic has also prompted a shift
in the way we work, with people being
able to work from anywhere, at any time.
As a result, 32% of professionals believe
they will not return to work full-time as a
result. Similarly, 36% of professionals
say they expect to shift jobs in the near
future as a result of the epidemic forcing
them to reconsider their goals and the
changes they require.
The Great Resignation is
only going to amplify
According to a recent Korn Ferry survey,
55 percent of professionals believe
employee turnover will increase in 2022,
and 31% say they would leave their job if
they did not have another lined up.
Companies are raising beginning salaries,
providing more long-term incentives and
perks, and giving sign-on bonuses, even
for less-senior workers, to address this
issue.
5. WIDER REPRESENTATION OF
TALENT
Organizations are easing off on employment
standards, such as four-year college degrees
and set years of previous experience, as well as
CV gaps, to combat the approaching
aforementioned talent shortage. Employers are
looking outside of their sector, among the
retired workforce, and in other unconventional
locations to locate the people and skills they
require.
EMPLOYERS ARE ACCEPTING MORE
ACCOUNTABILITY
Leaders recognize that as remote and hybrid working grow
increasingly common, more time should be spent developing
new working cultures to fit. There will almost certainly be
regular check-ins and ongoing feedback, which will favor
agile collaborative personnel. Increasing responsibility is
also affecting the C-suite. Leaders of corporations are under
growing pressure to employ and develop individuals from
underrepresented groups, pay workers fairly, and take
positions on social issues.
6. Re-establishing connections with colleagues
Leaders must actively create possibilities for stronger relationships inside their
organizations in 2022, or risk employees becoming more isolated.
The people you have will become the people you need
A talent scarcity, in connection to the first trend, indicates that companies will
begin to focus more on internal mobility, as well as reskilling and upskilling
current workers, in order to avoid attrition and fill specialist posts.
Moving from disruption to reinvention
If businesses can capitalize on their employees’ agility and
adaptability, they may take advantage of the potential to reinvent
themselves for a new era.
7. ESG and environmental concerns are
already firmly on the boardroom
agenda, and organizations will face
further pressure to respond in 2022.
More and more businesses are realizing
that science alone will not bring them to
where they need to go. Changes in
mentality and skill sets are required for
meaningful transformation.
Employees are becoming more burnt out
as a result of an excess of virtual
meetings, a lack of connection with
coworkers, a lack of separation between
work and home, and a slew of personal
issues arising from the pandemic and
social upheaval. Beyond mental health
programs or fitness-related bonuses,
employers are increasingly prioritizing
employee well-being. Culture
transformation is necessary on a larger
scale.
EMPLOYEE WELLBEING
TAKES CENTER STAGE
WALKING THE TALK IN
SUSTAINABILITY
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