For any of your staffing liability insurance clients who have been invested in 2021 job search and hiring trends lately, it is important to understand the direction of these trends in the latter part of the year, which could potentially make a major difference in their marketing and human resources strategies. If those clients have been coming to you asking similar questions about trending jobs in 2021 and how they should adapt their hiring strategies, you may want to discuss these significant end-of-year trends with them. Bring this short list along to facilitate the discussion.
Remote and Hybrid Work Options Have Attracted Many Applicants
One top trend your clients may have already noticed happening is the shift towards a preference for hybrid and remote work options. Many applicants either prefer these flexible positions or have started searching exclusively for remote or hybrid work. From lower employee expenses to potentially increased productivity, these arrangements could provide benefits for both your clients and their prospective employees, including:
- Greater flexibility to handle personal emergencies as they may arise during the workday
- More independence and the opportunity to grow as a worker
- Lowered commute times and saved money on certain professional expenses
- Convenience and safety for those with certain health conditions
Certain Industries May See a Surge in Applicant Interest
The staffing industry, as well as many other industries, have seen a rise in applicant interest over the year while other industries have shrunk. One trend that may continue through the end of 2021 is a boom in applicant interest in certain industries. These industries could include:
- The legal profession
- The medical profession
- Marketing and product development
- Real estate
- Engineering
- Finance, accounting, and insurance
Many Employees Have Started Searching for Better Work-Life Balance
Finally, one top end-of-2021 trend your clients should keep an eye on is the increasing employee desire for a better work-life balance. This desire could shape hiring trends in years to come. This year, many job seekers have demonstrated:
- A focus on balancing hard work in the office with important outside obligations and personal or family time
- An expectation that a company’s core values will match their own
- A bigger focus on practicality combined with interest in a field than on pure passion when it comes to staying in a job long-term
- An expectation that employers will be understanding and accommodating of family emergencies and important life events
The latter part of 2021 appears poised to continue a number of recent search and hiring trends throughout numerous industries. If your staffing liability insurance clients have been asking questions about keeping up with these shifting trends, try guiding them through some of the top trends with this short list in hand. Once they understand the trends, they can begin to shape effective search and hiring strategies.
About World Wide Specialty Programs
For the last 50 years, World Wide Specialty Programs has dedicated itself to providing the optimal products and solutions for the staffing industry. As the only insurance firm to be an ASA commercial liability partner, we are committed to that partnership and committed to using our knowledge of the industry to provide staffing firms with the best possible coverage. For more information about Staffing Professional Liability Insurance or any other coverage, we have available to protect your staffing business, give us a call at (877) 256-0468 to speak with one of our representatives.