We recently flipped the page from 2021 to 2022, and one thing is abundantly clear for businesses early in the year: the talent market looks as challenging as ever.
A record number of Americans voluntarily quit their jobs in November, according to new Labor Department data, and there were nearly 11 million job openings at the end of that month compared to only about 7 million Americans actively looking for work. Organizations have a lot of positions to fill and a relatively small pool of candidates to choose from.
Because of this, investment in HR technology could continue to soar in 2022. As the Society for Human Resources Management notes in the article below, “Given continued labor shortages, recruiters will be focused on using technologies not just to identify talent that applies to a posted job but also to source and cultivate from research and discovery, experts say.”
Of course, tech designed for attracting new employees is only part of the equation. Organizations are also increasingly focused on tools that can support a growing remote or hybrid workforce, and having easy ways to gather employee feedback on what is — and isn’t — working in this environment is critical as well.
On the mobility front, all of this makes it a great time to revisit the tools that are supporting your program. Organizations that fail to keep up from a tech standpoint could be left behind in such a challenging talent market. Consider new solutions that could set your company apart.