HR TRENDS AND INSIGHTS FOR GROWING A COMPANY
Written by: Derek Butcher and Misty Weber, PHR SHRM-CP
Derek is responsible for handling the on-boarding of new hires, benefit administration, project coordination, event planning and employee relations. He works alongside Misty Weber, Human Resources Manager at Colliers | Columbus. Misty's duties include, but are not limited to, employee relations and retention, employee life cycle, talent strategy and recruiting, strategic business management, workforce planning, benefits and compensation, company compliance and communication of HR initiatives with the executive team. Keep reading for their take on current trends in Human Resources.
What are some current trends you are noticing in Human Resources?
There is more of a focus on DE&I (Diversity, Equity, and Inclusion). It has become more important than ever. Since COVID, remote and hybrid work has become increasingly popular. How do we, as an essential business that works in the office, navigate through that? Will the tables turn? Another trend are Health Insurance and Benefits. This will always be a topic of conversation, but with increasing rates and inflation, it will become even more important. We want to remain strategic and forward-thinking.
What is the cadence of hiring right now?
There are distinct phases during the hiring process: opening the position, screening the applicants, interviewing the candidates, selecting the best candidate and making an offer. Sixty-percent of job seekers quit the application process because it is too long and complex. According to SHRM, the average time it takes to hire a new employee is 36 days. We hope to shrink that.
What are people searching for in jobs right now?
According to ResumeBuilder, the most popular industries among job-seeks are: Advertising and Marketing, Computer and IT, Healthcare, Business and Finance and Retail.