Why have tech companies changed the way they hire talent? The current workplace has little or nothing to do with previous years. The change is profound. Digitalization plays a key role. Corporations actively seek a tech-savvy workforce, and that’s specialized. And their search isn’t easy. Headhunters for these corporations are innovating.
Digitalization and the upcoming new technologies have completely transformed hiring procedures for companies in the labor market. Modern corporations require from their workforces more original and more creative technological abilities, leadership that have very little to do with the previous criteria they once had a few years ago. This new hiring trend pattern means an unprecedented shift in the world of Human Resources and the companies that do the hiring.
This new context means that companies bet for the development of homegrown talent: They form and train their employees and offer them a career path with compensation plans and benefits. What they can’t develop on their own, they hire externally. This trend implies that all candidates changed the way they present their talent for companies to hire them.
In the latest years, many abilities have popped up due to the necessity that companies have inefficiently handling digital content. The expectation has changed, and company preference for locations are also shifting as the workforce now prefers to work from home if possible, a trend that rose from the lockdown to shield humanity from coronavirus contagion and is now a regular, more easy-going alternative.
Payment and salaries are no longer a priority. Millennials, the new bulk of the world workforce, prefer to work for companies with a purpose, with fresh work culture and organization and with hints of modernity. The workforce wants a clear vision for their future, wish, and hope for opportunities for personal growth.
The reality of this work market, despite its novelty, makes it difficult for human resources departments to effectively hire many of these professionals because the demand for the kind of profile exceeds by far the current offer.
Employer branding becomes a trend, and corporations bet for HR departments to craft proposals and work packages that are attractive to a demanding workforce. Coupled with salary, work offers should include participation in different projects, continued education, personal growth, healthcare, the capacity to relocate, promotions, and flexible hours.
Work from home trends are here to stay
The Coronavirus pandemic and the ensuing lockdown made the global workforce begin to work from home, reaching productivity levels similar to the ones that in-office, in-company work development. Nearly 42% of the global workforce now does their work from home, most of these employees are doing this for the first time ever in their lives. Work from home setup involves a series of measurements to ensure adequate work hours, ethical handling of sensitive information, and privacy of the workforce.
Retaining talent, in the short future will be difficult for companies because remote work becoming mainstream implies that many other job openings will pop up. Employees will no longer be limited by geography in their search for a job.