The technology industry saw the highest number of resignation rates last year, which could pose issues for these companies who are simultaneously experiencing record-high demand for their products and services.
As a result, companies are leaning into new methods of recruiting talent, which will be necessary during the ongoing labor shortage.
Here are a few ways tech leaders can stay ahead of incoming trends as competition for hiring ramps up.
Following the pandemic, many companies pivoted to remote and hybrid work arrangements, which has made geographical requirements for applicants irrelevant. As a result, 2022 will see international hiring become a mainstay.
Companies have historically limited their ability to tap into top talent by restricting their hiring to just tech hubs, but leaders who embrace distributed workforces will be able to access new candidates they would not have previously.
Moving forward, tech companies will need to be more mindful of their retention and recruitment staff as well. In June 2021, LinkedIn found that there were more job openings for recruiters than software developers following many organizations laying off recruiting teams in 2020.
Finding these types of professionals has grown increasingly difficult as a result, which means companies will need to reprioritize the role recruiters play in the workplace and find methods that optimize their recruitment systems.
Another emerging trend is the role that tech companies play in educating future workers. The needs of the workforce are constantly evolving, requiring a transformation of current education systems.
Companies who invest into boot camps and other university programs will help the new generation of workers graduate with high-level knowledge in tow.
The labor shortage is expected to continue plaguing today’s workforce, and without making the right adjustments, tech companies will fall far behind in the competition to recruit and attract new talent.