Career Reinvention &
Personal Brand Strategist

Worplace and Workforce Annual Trend Alert

December 12, 2007
By: Randi Bussin-Career Coach, Personal Branding Specialist
 

Each year at this time of year, The Herman Group issues its annual forecast. I have selected and summarized the five most interesting employment and recruiting trends below.

 

1. Recruiting in a Tightening Labor Market

 

Even though the economy is slowing down a bit, this will not completely stop job creation. In addition to job creation, there is a short supply of skilled workers in many domains. These two factors will increase the time to fill openings and will also increase recruiting costs.

 

2. More Employers Turning to Recruitment Process Outsourcing (RPO)

In an effort to reduce costs, more large employers will turn to companies like The Right Thing, Inc. to provide a wide variety of recruitment services on an outsourced or insourced basis, including providing customized services for clients, based on specific needs.

 

3. Retention is Changing in the Face of Increasing Choices for Employees

 

Recent studies reflect that employee turnover is accelerating. With increasing choices there will be more attrition, especially from the ranks of long-term employees. Smart employers will have to engage in "stay interviews" and provide job re-orientation to their seasoned employees. More employers will begin to be aware of the value of contingent employees and address the issues of retaining them.

 

4. Leadership Deficit Becomes More Apparent

 

As companies experience the re-careering of Baby Boomer executives, they will become more aware of the lack of qualified supervisors and managers to move up into higher positions. The organizations' previous lack of training for would-be leaders is to blame.

 

5. More Employers Accommodate Older Workers to Maintain Intellectual Capital

The drive to retain older workers will cause companies to work harder to accommodate the wants and needs of older workers. AARP will support employers' drives to hold onto these valuable employees. More employers will embrace flexibility in all aspects of work to adapt to the wants and needs of their retirement-age associates.

 

Adapted from the herman Groups/ Herman Trend Alert 

 

©2012, Randi Bussin, Aspire!

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