As employers work on finalizing their recruiting plans for 2015, there are many factors impacting their decision making, including the unique job market we have today. In fact, Forbes posted an interesting article called, 10 Workplace Trends For 2015, which references some definite parallels with recruiting such as Generation Z interns, Millennial candidates and mobile recruiting. There is much to consider when planning, but since we’re knee-deep in the planning process ourselves, we decided to highlight some trends that we believe will impact recruiting in the coming year.
- Baby Boomers: There have been many discussions on the Baby Boomer generation retiring and how companies need to be prepared for those changes. Although not every Baby Boomer is ready to retire, they are still a factor employers should evaluate in order to understand how they’ll impact their business. The Washington Post wrote a special “Fact Checker” article recently, Do 10,000 baby boomers retire every day? In the article it mentions one organization (Social Security Administration) discussing the Baby Boomer impact. “By 2015, almost 33 percent of our workforce, including 48 percent of our supervisors, will be eligible to retire. In FY [fiscal year] 2011, we lost over 4,000 employees due to retirement and other reasons. We expect this trend to continue. During this same timeframe, the baby boomer retirement wave continues to have a significant effect on our workloads.” This organization provides just a snapshot of what other businesses will be facing. Smart planning will keep your business prepared. Our recommendation be ready for those employees looking to retire and keep an open mind to all Generations (X, Y & Z). Find the recruiting method that works best to target each group.
- Social Media & Mobile Recruiting: As more and more job seekers become dependent on their devices, employers need to be active in some sort of a social platform that entices and engages job seekers. This area will continue to grow so employers must take an active role in enhancing if not implementing a social and mobile component. To reiterate some stats, the International Data Corporation (IDC) predicted “the worldwide smart connected device market will accelerate past 2B units by the end of 2015, attaining a market value of $735.1B.” The number of job seekers already using the technology is staggering and promises to increase. Make sure you carve out enough strategy in your planning to take into account that job seekers are mobile. Ignoring their mobile trends in any way could be detrimental to your 2015 recruiting strategy.
- Big Data: We talked about Big Data before and how companies are using the data they’ve collected to-date to enhance their recruiting efforts. Making sure your analyzing your job seeker data will vastly improve your efforts. Targeting, searching and communicating to job seekers in the coming year will be a big part of your success. Be sure you use and analyze your data to create an effective 2015 strategy.
- Recruiter Partnering: One trend we’ve noticed since the slow revival of the economy is that hiring managers’ workloads have increased and they are in much need of support. Many employers will require professional support to meet their hiring demands in 2015. Working with a reputable recruiting firm during the planning process and throughout the year can be an enormous help and cost saving to a company.
Although some factors may vary for specific industries, we believe these trends, across the board, are ones to consider for your 2015 planning. Take note of these tips on how to maximize your efforts and contact us if you have any questions.
What about you? Are you seeing any recruiting trends outside the ones mentioned that are impacting your business?
ABOUT THE AUTHOR, Ingrid Moore
Ingrid Moore is the Founder and CEO of Corporate Resources of Illinois, an employment & staffing agency with over 20+ years’ experience located in Schaumburg, IL. Ingrid and her team assist employers with finding the right hire for their business. For more info, follow us on our LinkedIn Company Page, or follow us Corporate Resources of Illinois‘s Google+ page.