Like every other field, the human resources industry was forced to evolve drastically over the course of 2020 and 2021. COVID-19, unprecedented layoffs, and a litany of other unpredictable challenges forced HR professionals to adapt and evolve at a moment’s notice. Many of these issues have carried into this year, but there are new resources and talent management trends that offer promising solutions to common problems. If you’re wondering why talent management is important — and how human resources professionals can leverage its potential — check out these four advancements that could streamline recruiting efforts in 2022.
Human Resources Goes Digital
After the onset of COVID-19, it seemed like everything transitioned to a digital space. The popularity of web-based delivery services skyrocketed and many people began working online. Human resources joined this trend, too, with the development of virtual HR departments. This refers to the emergence of entirely remote HR teams that can work anywhere at any time. While this is a departure from the traditionally in-house HR department, it offers many benefits that companies and candidates alike can enjoy. HR professionals can offer more flexibility in scheduling and companies will see benefits such as increased productivity.
An Increase in Younger Applicants
Yet another one of the top talent management trends is the increase in younger applicants flocking to high-ranking positions. Millennials are on track to comprise the majority of the workforce, and many companies want to continue recruiting young, promising applicants. Offering flexible, remote work options is one of the most effective strategies for doing so. Millennials want jobs that work with their life and their priorities. Digital work opportunities provide the flexibility they seek while still offering valuable career experience in the real world. Recruiters should be careful, though, not to hire or discriminate based on an applicant’s age. This can lead to a staffing business insurance claim — which could cause staffing business insurance rates to increase.
Data-Driven Recruitment Is a Top Priority
Data might be one of the biggest talent management trends to define 2022. Companies want to make informed, intentional hiring decisions, and data is the best resource for doing so. To this end, recruiters should seek out information concerning key performance indicators and assess candidates’ potential in relation to these goals. Similarly, HR professionals should clearly define the competencies required for a position and gather data regarding candidates’ competencies.
Automated Interview Systems Emerge
The stress of 2020 and 2021 led many people, including HR professionals, to experience burnout. This burnout illustrated the need for more reasonable workloads and better work-life balance. Many innovations have emerged to meet this need, including automated interview systems. These systems typically utilize a phone recording format to ask questions and allow candidates time to provide answers.
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.