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Posted By: jbaloun / |
Before you invest your time, money and insanity into hiring new candidates and filling vital positions, it is good idea to research and understand current workplace trends and how they will affect your workplace. Forbes.com has captured research and insights that they have tracked through hundred of studies released by companies and third parties. Here are the top 7 trends to be aware of in 2015:
1. More millennials are taking leadership roles.
Mlliennials have played an increasingly important role in almost every professional job setting. They are tech-savvy, cost-effective, team oriented, current, creative, self-expressive and the list goes on and on (Pat on back, yay millenials!)
According to PayScale.com, nearly 13% of all millennials in America were managers already. That number is expected to grow in 2015 as millennials become the largest percentage of workforce for the very first time. Forbes.com found that 27% of millennials are already managers, 5% are senior management and 2% are executives. Another factor is that millennials are replacing retirees and companies are hiring them out of necessity as they lose older workers.
2. The skills gap continues to widen.
This is a big hair-puller among HR professionals and recruiters. And unfortunately, this gap is only increasing. The Bureau of Labor Statistics shows that there were 4.7 million job openings in June and more than half of employers say that they can’t find qualified candidates. One reason for this is that college curriculums don’t align with the current job marketplace. Your company can reduce this skill gap by working with universities so that students get the necessary skills to fill the gap. Internships that offer real world experience also prove to be helpful.
3. Social media posts used to attract and retain talent.
If you aren’t on social media (come on, its 2015!!!!), you are way behind and losing valuable opportunities in finding qualified candidates. For those companies who do use social media, we will see more media updates, press releases, and blog posts in 2015. 58% of people are more likely to want to work at a company if they are present on social media and 20% are more likely to stay at their company if they are using social media. After all, who doesn’t research a company on Facebook, Twitter and LinkedIn before committing to a job interview?? No one wants to work at a snooze-fest everyday.
4. Women continue to seize power positions in the workplace.
Finally!!!!!!! Women are gaining a competitive edge and the gap between women and male leaders is slowly decreasing (it’s about time am I right, ladies??) The chatter about women in the workplace is only accelerating. A study by Pew Research shows that millennial women are now earning 93 cents for every dollar earned by men. New research also shows that the top financially successful companies have 37% of their leaders as women and 12% are high-potential women. In the poetic words of Beyoncé, “Who runs the world, Girls!
5. More people stepping out of traditional career paths.
2015 is the year of more entrepreneurs, free lancers, and consultants, both out of choice and necessity. Companies are looking to hire more temporary employees and consultants because it is cheaper. A recent study by Elance-oDesk shows that 53 million Americans are now freelancers, which is 34% of the American workforce. Wowza!
6. The continuous job search picks up.
If retention isn’t already bad enough, companies are going to have to continue to deal with high turnover and “job hopping”. A significant reason for this is that technology is allowing people to easily find jobs and for recruiters to steal your talent in large numbers. 86% of employees are already looking for work outside their current jobs. The number one way to improve your retention rate is to create a superior work culture where employees can easily make friends and enjoy the perks of a job. I mean, who doesn’t love an employee happy hour or the occasional free lunch?
