The emerging job trends for 2021
Forecasting 2021 hiring trends is a bit of a challenge given all of the unknowns in the economy and with the pandemic. That said, with vaccines being rapidly rolled out and the potential return to normality on the horizon, 2021 is poised to be a big comeback year for some hard-hit industries.
No matter the industry, if 2020 taught us anything, it’s that HR leaders and recruiters need to be ready to adapt and adjust their hiring plans. Here are five key hiring trends to watch in 2021, along with tips on how to prepare.
REMOTE WORKING IS HERE TO STAY:
Employers are making a paradigm shift, and for many of us, this is excellent news and allows for time to find more opportunities anywhere across the UK. Millennials and GenZ in particular seem to dislike working from home the most as they often find their social life tied to work. Returning to the office will be slow, and for many companies, this will not happen until most of the British public are vaccinated.
Job losses will force many unemployed workers to change careers as their industry remains troubled and will struggle to find any work in their field. Adding new skills, getting a more in-demand skill certificate, learning a trade, or even getting a university degree may be needed for people to transition into different careers and jobs.
The interview process is expected to take much longer than ever before. Expect to have 3-8 interviews before a job offer. Employers may be nervous since they cannot meet candidates in person and will therefore undertake extra interviews and online assessments before deciding. Career experts say that job candidates have underestimated how hard it is now to excel in an online interview and secure a new job. Many are very surprised when rejected.
COMPANY LOYALTY DECREASES.
People often complain that they are working in a vacuum and hate isolation. Others feel no connection or loyalty at all now that they work from home. Expect company loyalty to continue to decrease as people worry more about their own future. A direct result will be workers sprucing up their resumes and updating LinkedIn to land a new job someplace better.
COMPANIES WILL FOCUS MORE ON DIVERSITY AND INCLUSION
It’s likely that this has to do with 2020 being a year of sweeping social justice movements. Companies will continue making efforts to look at candidates who may not have been considered before such as people with physical disabilities, criminal histories, those without a university degree etc. Broadening the definition of what an effective successful candidate looks like can help make sure you’re more inclusive.
It’s also good for business. According to the “Diversity Wins” Report by McKinsey, organisations in the top quartile for gender diversity on executive teams were 25% more likely to have above-average profitability than companies in the fourth quartile. For ethnic and cultural diversity, top-quartile companies were 36% more profitable.