This past year, the industry had to adapt and grow in creative and unprecedented ways. Staffing professionals faced record-setting increases in employee turnover as American workers continued their quest for better pay, benefits, and work-life balance. Meanwhile, companies had to reevaluate their benefits and DEI plans to foster a competitive edge.
Our top articles from 2021 reflect a changing, challenging staffing landscape, but also one of significant opportunities for growth.
The staffing industry forecast from SIA predicted that temporary staffing revenue would more than recover in 2021, reaching $134.7 billion, after falling 8% in 2020. Education was projected to be the fastest-growing industry, after dropping 35% in the previous year.
Recruiters found their roles transformed with the onset of the COVID-19 pandemic as they handled a shift to remote work and various other challenges. These professionals had the unique responsibility of navigating an uncertain job market while implementing tools and techniques for a virtual hiring process.
A survey conducted by staffing services company Yoh found that only 3 in 10 (30%) of Americans planned to stay in their current jobs after the pandemic. Of those looking to switch jobs, 20% were passive candidates open to new opportunities while not actively searching for them.
#4. 70% of Staffing Agencies Expect Double-Digit Growth This Year: Insights from Staffing Hub’s 2021 State of Staffing Report
Our 2021 State of Staffing report revealed an optimism among staffing agencies, as more than 4 in 10 (43%) expected to grow by 21% or more during 2021. And nearly 70% of these companies expected to grow by double digits.
Diversity and inclusion plans have increasingly become a priority for more businesses. This guest article offers a five-step process to create a diversity and inclusion plan, including action items like setting a D&I baseline and identifying areas of concern.
The COVID-19 pandemic has made the social support people thrive on harder to come by, and staffing professionals have been no exception. This guest article highlights the social issues faced during the past year and how firms might deal with them going forward, including remote work, DEI (diversity, equity, and inclusion), and acquiring and retaining diverse talent.
A Korn Ferry survey revealed that companies should expect to contend with ongoing labor shortages into 2022. Workers continue to leave current positions for a variety of reasons, the top one being a re-evaluation of priorities amid the pandemic (30%).
Benefits go hand-in-hand with salary when a candidate considers accepting a new job. This article highlights the benefits that help employers maintain a competitive edge, including flexibility, education and career development, and health and wellness plans.
Indeed conducted a survey to explore the trend of “ghosting,” the act of suddenly ceasing communication, among employers and candidates alike. Almost 30% of job seekers admitted to ghosting employers in 2020, and 77% reported that an employer ghosted them. This problem seems to have become more prevalent, and this article explores some of the reasons why.
A survey conducted by Prudential suggests employers prepare for a competitive job market as pandemic restrictions ease. Half of the survey respondents said that the COVID-19 pandemic gave them an increased control over the trajectory of their career, as well as a desire to pursue better pay, professional growth, and a more equitable work-life balance.