The power has shifted in today’s employer/employee relationship which is one of the significant employer hiring trends for 2022.
Employees are now starting to ask questions about the work they perform – and where they perform it. Many are choosing to leave their jobs and replacing them has proven to be challenging so far. The competition to attract new talent is growing fiercer than ever.
So as a business owner, HR Director or hiring manager, a huge part of ensuring your companies’ success is understanding the key employer hiring trends for 2022 that are shaping the market and adapting your hiring practices accordingly.
Here are three key trends to consider:
Remote Work is Here to Stay
For those working in a desk-based role, there may be no going back to the office in a post-pandemic world.
According to a 2021 study by McKinsey, 20% to 25% of workers in advanced economies and about 10% in emerging economies could work from home three to five days a week, mainly in the computer-based office work arena. Here’s what this means for employers:
- Onboarding new team members remotely requires a very structured and consistent process to ensure that the employee learns all about their new responsibilities, and how their role fits in with the organization and other team members.
- Ensuring everyone is equipped with the resources and information they need to perform their best. To deal with this, employers should have regular check-ins with their teams – especially new-hires – to ensure no one falls through the cracks.
- Maintaining the company culture and ensuring everyone feels part of the team is critical. To help, some organizations have created culture teams who reach out to colleagues to drive initiatives that support the continuous improvement of the company culture. All are key employer hiring trends for 2022.
Candidates Have the Leverage – So be Flexible
Today’s candidates can afford to be choosy, and many are opting to use that leverage to arrange their ideal compensation package with prospective employers.
According to a recent study, 88% of knowledge workers say that when searching for a new position, they’ll look for one that offers complete flexibility in their hours and location. Also 83% predict that in response to the global skilled talent shortage, companies will leverage flexible work models no matter where they live — yet only 66% of HR directors feel the same.
What’s more 76% of the workers polled are more likely to prioritize lifestyle (family and personal interests) over proximity to work and will pursue jobs in locations where they can focus on both — even if it means taking a pay cut.
The takeaway for employers? In order to position themselves to take advantage of one of the key employer hiring trends for 2022 including salary, health benefits, family leave and more, is now negotiable.
Pay Transparency Takes on New Importance
In today’s complicated hiring world, pay transparency helps attract – and retain – employees.
When employers are not transparent about pay, employees are 50% more likely to leave their job in the next six months, according to a recent PayScale study. And even when employees are paid above market, they tend to believe they’re being underpaid according to 2021 PayScale research. That often leads to employees to try to determine pay ranges on their own.
To help alleviate this situation, employers may begin to see that disclosing pay ranges can be a competitive advantage. It can show that an organization is honest, values their employees equally and can illustrate that they’re committed to equity, diversity, and inclusion.