As the job market competition intensifies, the dynamics between employers and employees are changing.
Source: Linkedin, 2019 Global Talent Trends. The 4 trends transforming your workplace
As the job market competition intensifies, the dynamics between employers and employees are changing. Even though employers are still powerful, they are now expected to offer more pay transparency, equality and healthy working work environment to be able to attract and retain the best of the talents.
Soft Skills: Technical know-how is good to get an interview and enter a company. However, it is the soft skills that make a candidate stand out. Companies do realize the relevance of soft skills. According to the Linkedin report more companies are trying to place formal processes to measure the soft skills of the candidates.
Work Flexibility: Flexibility in terms of working hours or location is no more considered an exception. It is normal now. Job posts on Linkedin that offer work flexibility have increased by 78%. Flexibility leads to better work-life balance and boosts the productivity of the employees. Remote locations also bring greater diversity and make companies more attractive to the candidates.
Anti-Harassment:There is hardly any industry that has been immune to sexual or other harassment issues. However, in recent years, both companies and employees have become determined to tackle such issues. These issues not only affect the productivity at the workplace and overall business, but they also impact company reputation. A harassment-free environment attracts talents.
Pay Transparency: Companies are generally reserved about their pay structure. This is mostly to avoid pay related disputes with employees. They now realize that pay transparency brings many advantages as well. It sets the candidate's expectations at the time of joining the company and alleviates the fear of being underpaid. It ensures a fair pay policy across gender, demographics and helps a company build a more trusting relationship with its employees.
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