Trends to Watch in 2018
A new year not only brings resolutions, goals and fresh starts, but it also brings new trends, fads and demands. Hiring and workplace trends impact how companies structure, recruit, train and retain their workforces. To stay competitive, it’s essential that employers and hiring managers are informed of the emerging trends and adjust workplace structure and hiring strategies as needed.
As we dive into 2018, check out these trends to watch:
- Hiring booms are expected. In anticipation of business growth, employers are expecting to hire even more in 2018. According to Indeed’s Employer Outlook 2018 report, 61 percent of employers plan to hire more employees in 2018 than they did last year. The report goes on to detail that the industries planning to hire the most are architecture and engineering, IT and telecom companies and professional services firms. While business growth is exciting, employers may struggle to secure the right hires.
- But, a talent shortage continues. As you’ve probably heard, the unemployment rate was at its lowest level in over a decade at 4 percent as 2017 came to an end. This means the talent supply is a critical concern for both employers and the staffing industry. In fact, 42 percent of hiring employers are worried they won’t obtain the talent they need. This talent shortage causes a competitive landscape for hiring, so as an employer, it’s important to set your company apart in order to attract top talent.
- Soft skills will become a priority. Since the candidate pool is lacking, employers will shift their focus from hard skills to soft skills, such as communication, team work, adaptability and leadership, that fit with their company’s culture. While hard skills remain important, employers may be more likely to hire a culture fit and train them on hard skills later.
- Remote and flexible workforce models will expand. In today’s workforce, more and more companies offer flexible hours and remote working opportunities as one of their perks to attract talent. Because flexible work arrangements will remain key to employee attraction and retention, it is something to consider when building employee benefit packages and making job offers to top candidates.
All in all, workplace and hiring trends are constantly changing and evolving. As an employer, it’s important to consider these trends as you begin hiring in the new year. If you’re struggling to find top talent, let ITAC help. Our goal is always to find a quality fit between a candidate and an employer.
ITAC Solutions is a recruiting firm headquartered in Birmingham with additional offices in Atlanta, Huntsville, Mobile and Nashville. ITAC specializes in the temporary, contract, and direct placement of accounting, information technology, corporate and administrative professionals.