benefitsPRO – Getting leaders to think differently about talent

Although history contests the attribution of this quote to Albert Einstein, I think we can all agree there is no doubt in the essence of its truth: “Insanity is doing the same thing over and over again and expecting different results.”

Yet even with the lessons learned during the pandemic, many managers are applying the exact same hiring criteria that they did before: What technical skills does the external or internal candidate possess? How many years of experience do they have? Did they graduate from a prestigious university? It’s practically painful to watch the same tired tactics applied, knowing the outcomes will not be better.

The pandemic redefined the workforce
During the pandemic, over 20 million jobs were eliminated during a two-month period in 2020. In sharp contrast, ManpowerGroup’s latest employment forecast covering July – September 2021 found that 32 percent of more than 7,300 U.S. employers plan to increase staff in the third quarter. Employers in the education, health services, information, leisure and hospitality sectors are reporting their strongest hiring plans since they were first analyzed by ManpowerGroup in 2009. Meanwhile, the Achievers Workforce Institute found that 52% of adults surveyed in February 2021 are looking for a new job – up 35% from a year earlier. As voluntary turnover skyrockets, organizations will be faced with hiring for new roles and filling newly vacant ones too.

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