It’s tough to predict the future, even with a crystal ball.  But data gleaned from surveys of more than 1,600 recruiting professionals and 20,000 LinkedIn members sheds light on where the talent acquisition industry may be heading this year, according to the Future of Recruiting 2023 report released today by LinkedIn. - Advertisement - For starters, economic uncertainty and major changes in the way we work are creating a challenging climate for TA leaders. This is forcing industry players to become more strategic, adaptable and closely attuned to candidates. “Recruiting professionals have ..read more

Financial services giant USAA told employees last week that it was moving to a three-day in-office hybrid work schedule, reports the Wall Street Journal, becoming yet another company requiring employees to work in the office several times a week. - Advertisement - And while a three-day in-office hybrid work schedule is increasingly the norm for corporate America, some organizations, including The Walt Disney Company, rolled out a four-day in-office hybrid schedule this month, according to CNBC; more than 2,300 corporate employees have signed a petition urging leadership to reconsider. Is four ..read more

The concept of rebalancing isn’t new. Any investor—new or experienced—has heard the term used during the process of buying and selling assets to balance the risk in one’s portfolio. And while HR leaders haven’t commonly used the term, they may be soon, as even the Wall Street Journal has nicknamed what’s happening in the workplace a “Great Rebalancing” of the employer-employee relationship. - Advertisement - No doubt, we’re in uncertain times. World events and how they inform the crucial employee capabilities required for the future of work have added turmoil to how company strategy. In A ..read more

As many companies continue to face a persistent talent shortage and navigate economic uncertainty, employers are increasingly turning to skilled freelance professionals to fill key roles and functions. - Advertisement - In a recent survey of 1,000 U.S. business leaders, ResumeBuilder.com found that nearly 60% of those polled have laid off employees in the last three months, and more than half plan to conduct layoffs in the first half of 2023. Of those that have had recent layoffs, nearly 40% plan to hire contract workers to replace the talent that was let go. And more than half have asked some ..read more

The power of mobile devices in the recruitment process is continuing to climb, according to hiring solution provider Harver, which found that 60% of job applications were submitted on mobile devices this year. - Advertisement - The vendor—which counts McDonald’s, Heineken, Chili’s restaurants and Valvoline as clients—found that mobile applications for jobs have climbed an average of five percentage points each year since 2020 when 49% were done on mobile devices. Last year, that number rose to 55% for the use of mobile-based applications. Meanwhile, desktop-based applications have decreased b ..read more

After weeks of rumblings about a possible recession, the U.S. employment numbers released in July were a complete “surprise,” according to CNN, and talent acquisition and recruitment professionals are taking note of the implications for attracting and retaining new talent. - Advertisement - The U.S. economy added 528,000 jobs in July, more than double estimates that the figure would be around 250,000. Meanwhile, the unemployment rate ticked down to 3.5% after holding at 3.6% for the previous four months and matched the half-century low last seen in February 2020, CNN also reported. “This is th ..read more

Deals and PartnershipsHiring solution provider Harver acquired pymetrics, a soft skills assessment tools company. Together, the firms will deliver talent acquisition and talent management solutions that “empower organizations to optimize their talent decisions across the employee lifecycle,” per a press statement. “We will help enterprises maximize the potential of their employee base and empower the organizations of tomorrow,” said Harver CEO Scott Landers. Pymetrics’ Workforce Insights was a 2020 HRE Top Products winner. Dr. Frida Polli, founder and CEO of pymetrics, announced on LinkedIn th ..read more

Deals and PartnershipsHiring solution provider Harver acquired pymetrics, a soft skills assessment tools company. Together, the firms will deliver talent acquisition and talent management solutions that “empower organizations to optimize their talent decisions across the employee lifecycle,” per a press statement. “We will help enterprises maximize the potential of their employee base and empower the organizations of tomorrow,” said Harver CEO Scott Landers. Pymetrics’ Workforce Insights was a 2020 HRE Top Products winner.  - Advertisement - HR platform provider for mid-sized companies Na ..read more

Recruitment and talent acquisition professionals are facing their greatest challenge. The one-two punch of the Great Resignation and employees demanding a sense of purpose as well as remote work options are pushing talent acquisition leaders to make hiring decisions based on intuition rather than data. At the same time, TA technology often fails to deliver reliable candidate insights, according to a Forrester Consulting Opportunity Snapshot study commissioned by talent measurement solution provider Talview. - Advertisement - Entitled Enterprise Talent Acquisition Requires Effective Talent Mea ..read more

With the debut this week of Oracle ME, the new employee experience platform that is part of Oracle’s HCM platform, the HR tech vendor is focusing keenly on employee listening and communication and overall employee experience in an effort to help organizations keep the Great Resignation at bay. It’s yet another sign of the increasing importance of and rapid growth in the EX and listening space, analysts note. - Advertisement - Employee experience has been a focus for Oracle for some time. But the events of the last two years have intensified the need for a new personalized EX that enables busin ..read more