Top 5 Business Trends That Will Impact Hiring in 2021
2021 has been a year of transition and change when it comes to hiring. Driven by the COVID-19 pandemic, companies have had to reevaluate their hiring processes and strategies to stay competitive in the job market. In this article, we will look at the top 5 business trends that will impact hiring in 2021.
1. Remote Work Will Continue to Be Popular
The COVID-19 pandemic forced many companies to adopt remote work as a way to keep their employees safe. However, remote work has revealed new opportunities and benefits like reduced overhead costs and a wider pool of talent to choose from. As such, remote work will continue to be popular even after the pandemic subsides. Employers need to update their hiring strategies and evaluate candidates based on their ability to work remotely.
2. A Focus on Diversity and Inclusion
Companies worldwide are increasingly focusing on creating diverse and inclusive workplaces. This trend will continue in 2021 as employers realize the benefits of a diverse workforce. Diverse teams bring varied perspectives, which help companies to solve problems and come up with innovative solutions. Employers should plan to create an inclusive hiring process that considers underrepresented groups.
3. Skills-Based Hiring
Before candidates could get hired based on their education or work experience. However, employers are increasingly looking for specific skills rather than educational credentials or work experience. This trend will continue in 2021, as employers understand that skills are more important than educational achievements. As such, employers should evaluate a candidate’s potential to learn new skills and acquire certifications.
4. Automation Will Impact The Hiring Process
Automation is rapidly transforming the hiring process. The use of AI and machine learning technology enables HR departments to complete their tasks faster and more efficiently. Automation will continue to grow in scope in 2021 by improving the efficiency of the screening and interviewing process.
5. Employee Well-being
Companies are paying more attention to their employees’ well-being. This trend will continue in 2021 as employers prioritize employee mental and physical health. Employers need to create a supportive work environment, offer mental health services, and provide a flexible work schedule that allows employees to maintain a work-life balance.
2021 is shaping up to be a year of change in the hiring process. By keeping up with trends like remote work, skills-based hiring, automation, diversity and inclusion, and employee well-being, employers can stay ahead of the curve and attract the best talent on the market. However, companies will need to adopt a flexible and open-minded approach to thrive in the changing hiring landscape of 2021.