4 Talent Management Trends To Keep an Eye For In 2021
Last year has drastically changed the operation structure of businesses across the world. The pandemic forced companies to restructure their operations. On the other hand, technology evolution in the workplace has also played a role in rebuilding, reshaping, and reimagining businesses. In 2021, businesses must differentiate themselves for future success and winning talent wars.
As the market recovers from the effects of the recent pandemic, we will see a surge in people looking for new work opportunities. But what will be their priorities in 2021 while seeking those opportunities?
Flexible Working Hours:
2020 opened a new perspective on talent management trends running across all organizations. We witnessed remote working becoming the norm last year and employees having a choice on where, when, and how they want to work.
Employees have been trying to get into an organization that offers flexibility to its workers. After the organizations were hit by the aftereffect of the pandemic, employees, when searching for a new position, would look for a company that offers its employees complete flexibility with their working hours and location.
Flexible working may expand the boundaries of the talent pool however, it also increases competition, particularly those with high-demand skills. If employees can work remotely, then the office location is no longer an advantage. So the organizations should leverage flexible work models to reach out to skilled talent no matter where they live.
Technology in Workplace:
Organizations will need the talent to emerge from the pandemic in a better position, as they will play a critical role in the recovery and growth of companies. However, securing the best talent is not as easy task as it may seem. Businesses must provide the ultimate employee experience by using technology in the workplace. Believe it or not, but employees can thrive in a world where the virtual workspace is the central hub for teams.
The right collaborative technology has helped many workers, last year, to stay connected with various teams despite the physical distance. Many workers have said that they have felt more connected to their direct manager, CEO, senior management team, and peers, as in the physical office. Therefore, various technologies in the workplace will benefit organizations in the long run, pandemic or not!
Diversity and Inclusion:
During the pandemic we have seen one significant trend emerge; a renewed demand for diversity and inclusion, creating an environment where all talent can thrive. Employees globally believe that a diverse workforce will become even more essential when roles, skills, and company requirements change over time.
In this new working landscape, HR professionals believe that location bias will be eliminated because candidates are no longer restricted by geographic boundaries. So the talent approach by the companies will also be not limited by a geographic location.
Development of Employees:
Leaders must adopt a growth mindset to prosper. Organizations need to spend on different types of technology in the workplace to attract skilled talent. They must further need to invest in learning and development programs to keep the workers’ future work skills on pace with changing technology and processes.
Workers will need to sharpen their current skills and/or acquire new ones at least once a year to cope with a competitive global job market. It is believed by many HR directors that organizations should have the latest collaborative technology in place to enable agile learning. It is the most important factor in recruiting and retaining the best talent in the talent management trends of 2021.
As the world is still somewhat struggling with the impact of COVID-19, talent will be critical to all organizations, big or small. To remain competitive and thrive through the inevitable disruption, organizations must take a talent-first approach, putting their employees at the center of all aspects of business infrastructure.