For a variety of reasons, people are now working for longer. Economic conditions, the raising of retirement ages, improved health and poor future personal financial planning are all contributory factors in this. Workers have to and, in many cases, want to work for longer into what would once have been their retirement years.
Respondents to the survey, from all sectors and across all regions of the UK, see this as essential to continued growth and progress. However, businesses also need to have access to people with the right skills.
With all the technology that is now available at a recruiter's fingertips, it's probably never been easier to source potential candidates. However, with that comes a fairly major caveat. Because there are so many ways to source, it's easy for a candidate search to become pretty unstructured and disorganised. And, although it is fine to search using a variety of sources, it needs to all come together as part of a coherent strategy for it to be effective.
As the employment market becomes increasingly fluid and flexible, employee retention is now arguably one of the biggest challenges facing HR teams. Talent acquisition and HR teams need to align because, if they don't, the talent that was so hard to bring into the organisation today will be the employee that leaves through the revolving door tomorrow.
Seemingly one of the toughest areas for HR and business leaders to resolve is that of retaining talent within their organisations.
So often businesses beat themselves up analysing attrition figures and the negative effects on their businesses but do not have the ‘answers’ in terms of a cure.
Much has been made of the fact that there will soon be five generations of workers side by side in the workplace. This presents significant challenges for employers; however, it also presents significant opportunities too. One thing is for sure, though, whether you look at the potential positives or the negatives of the situation, that situation is a reality that employers will need to successfully navigate through to ensure that this multi-generational workforce is a happy and productive one.
In an increasingly competitive market, the importance of creating an excellent all-round candidate experience is vital. So much so, that it has become a prerequisite of the role of recruiting teams. With job seekers ever more capable of 'shopping around', a candidate left feeling dissatisfied with their experience can have a considerable negative impact on the reputation of an organisation.