We are more than halfway through 2022, and the tight labor market persists. Trends initially associated with the pandemic—near record-level job openings, a lagging labor participation rate and increasing voluntary turnover—are becoming the new norm. On top of adapting to these labor market trends and the changed world of work, employers are faced with the stress of global uncertainty, rising inflation and an anticipated recession.
As your trusted talent advisors, we strive to minimize some of these challenges by staying ahead of market trends and partnering with you to ensure you have the workforce you need, today and in the future. In this issue of PeopleScout NEXT, we share tactics and strategies to help you overcome your greatest hiring obstacles and compete in today’s talent landscape.
You will find the content is divided into three sections: NOW: Talent Solutions for a Challenging Market, NEW: Leveraging Marketing Strategies to SuperCharge Talent Acquisition and NEXT: A Human-First Approach to Talent.
To attract and engage the right talent in this candidate-driven market, employers must optimize their talent acquisition programs to meet changing worker expectations. One thing we know candidates expect? Speed. As you will hear from PeopleScout’s managing director of the Americas, Rick Betori, speed is one of the biggest make-or-break factors in this talent market. Seasoned talent acquisition experts Candace Lamon and Jill Polistico break down additional contributing factors—such as employer brand, candidate experience, compensation and culture—and offer solutions on how to identify and address any challenges unique to your organization and hiring process.
Only after you have identified any gaps or inefficiencies—from a weak employer brand to a slow application process, recruiter shortages or new hire no-shows—can you implement multifaceted solutions to address them. The four-part article series, Law of Attraction: Leveraging Marketing Strategies to SuperCharge Talent Acquisition, will help you amplify your efforts with some of the marketing and engagement techniques traditionally targeted at consumers—from content marketing to email outreach to creating an exceptional user experience.
Finally, amidst the latest in talent technology and cutting-edge recruiting techniques remains the need to maintain the right level of human touch. We close this issue with articles that will help you achieve a people-first approach to talent, with strategies for prioritizing mental health, eliminating stereotypes, and a detailed look at how to remove unconscious bias from the recruiting process with PeopleScout’s global head of talent advisory consulting, Simon Wright.
Thank you for being a part of the PeopleScout community. Please feel free to contact me or your PeopleScout partner directly to share your feedback on this issue of NEXT, discuss how we can support you in your talent acquisition efforts, or share anything else that may be on your mind.