Global Predictions for Talent in 2019
Did you know that the strongest predictions for the win in talent attraction and retention are that:
Employers will start to better personalise pay and compensation packages dependent on the needs of the individual. For example, the needs of a new parent are likely to differ from those of someone just starting their career.
Annual reviews will no longer be seen as the main way to help employee development. Real-time feedback and ongoing discussions are considered to be more effective, especially due to the increasingly short tenure period.
In this article from The Recruiter, Jeanne Macdonald (from the global organisational consulting firm Korn Ferry) also reports that issues are becoming more complex; from the impact of the role of artificial intelligence (AI) to the shift in how people expect to get compensated, evaluated and rewarded. It will be critical to be agile and forward thinking.
Here are the other main talent predictions:
Career gaps are no longer seen as negative. Tactics will be utilised to reach this talent pool.
AI needs to be made more ‘intelligent’ to avoid bias, in particular gender bias.
Organisations will increasingly use tracking and diagnostic systems to find out the percentage of minority applicants hired and why employees leave. This increased focus is aimed to create an ongoing pipeline of diverse talent.
We at Royall deliver a purpose driven events recruitment service - our strength and unique approach are founded on elevating potential for our team but also our client and talent community.
The cultural health of our organisation is extremely important to us, as is our people before profit ethos . Royall are thrilled to know we are on the right track with our we recognise and reward the human lifeblood of our business and indeed our client’s businesses.
We strongly believe that traditional recruitment methodology is no longer fit for purpose and we aim to positively change the industry we serve through our integrated Employer Brand and Talent Development Consultancy offering.
For more information about recruitment needs within the events and communications sector, or purpose-driven leadership development, please engage with us now, we’d love to hear from you.
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Reference: Recruiter, February 2019, by Jeanne Macdonald