Tuesday, March 15, 2016

Emerging Trends in the Job Market – Are You Ready?

The world is changing rapidly and as a result, the way employers hire and the expectations of professionals are also changing. Members of NACE (National Association of Colleges and Employers) recently discussed emerging trends in the workplace and how these trends are impacting both new and seasoned professionals.

Overall the job outlook has improved since 2008. However, competition is still a major factor in the job market so taking steps to make sure that you are enhancing both your job skills and soft skills is a must. One key observation is that professionalism is still a critical career indicator. Research shows that while many graduates are well-educated, there is the perception that they are inadequately trained because of a lack of social skills. A study done by NACE revealed that 70% of employers felt that new graduates were inadequately trained. However, this question was asked to senior leadership – executives who did not actually have consistent direct contact with graduates, which means that this perception may have been formed in part by social interactions with new graduates. Professionalism cannot be neglected as part of the job search and so taking time to understand proper business etiquette can serve you well.

Additional insight was provided regarding employer trends including:

  • 53% of employers are concerned about competition for talent
  • 64% of employers prefer to hire people with relevant experience
  • 71% of employers are actively promoting diversity
  • 75% of professionals, typically in mid to high level jobs, identify as passive (not actively seeking a new position) and employers are looking for ways to tap into these candidates
  • Employers are focusing on engaging with talent via social media and technology
  • Employers are proactively managing their brand and want to be identified and recognized as employers of choice
  • One third of employers are now hiring international professionals
  • Employers are increasing salaries and offering signing bonuses for premium candidates
  • Employers are recruiting via branding and social media, and an increase in video interviewing is starting to emerge 

You have already made a step in the right direction by deciding to pursue your degree. Being aware of the latest career trends can be another helpful resource. We invite you to contact WGU Career & Professional Development to discuss your goals and to begin working on a plan that will help you to stay on top of your career.

1 comment:

  1. Where did you get this information? I am highly Interested in your sources. I am currently working on a project about employment trends and this information could be useful to me. Thanks for sharing.

    ReplyDelete