Universum presents four macro-trends that are affecting
the talent management and employer branding industry.
1. The Information
Avalanche
Candidates’ are acquiring more knowledge about employers
because information is increasingly more readily available and accessible. The
new environment has created an information avalanche, whereby candidates are
empowered to consider many more employers than ever before. Employers are
affected on two levels: 1) Identifying and broadcasting the employer’s
differentiating factor is crucial, and 2) Conveying the employer’s culture
beyond the office is critical to employer brand fulfillment.
2. Free Agent
Nation
An increasing number of industries have more temporary workers
than ordinary full-time employees; this number is projected to grow across the
world. For employers, the challenge is to maintain a common culture and ensure
a sense of belonging among temporary workers as well as FTEs.
3. Social Media
Challenge
Companies have yet to realize the promises of social
media. Building followers and likes becomes simpler every day, but building
engagement and a community is undervalued. There is still a limited focus on
the internal aspect of social media, i.e. using it to build engagement among
employees and find ambassadors.
4. Need for
agility
HR needs to adapt to the need for speed in today’s
business cycle. When companies’ business focuses shift from one year to
another, being able to adapt internal talent becomes paramount. The ability to
plan for and adapt to continuous change becomes a key competitive advantage in
the future.
Source: Universum
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