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The Upcoming Evolution of Recruiting and Talent Development

Rallyware for Human Resources

A survey shows that 92% of recruiters use social media when looking for the perfect job candidate. New technologies and data are shaping the evolution of talent development. Apart from the smart use of data collection and analysis, another way to empower talent development is by using new technologies.

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Here are proven strategies to fill the talent gap with the help of HR tech

HRExecutive

According to the World Economic Forum’s Future of Jobs Report 2023 , surveyed organizations are relatively confident about developing their current workforce but are less optimistic about the availability of talent over the next five years.

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The Race to Remain Relevant in a Rapidly Changing Workplace

The Perfect Hire

In fact, employers believe that 44% of workers’ skills will be disrupted in the next five years and that six in 10 staff members will require training before 2027 , according to the World Economic Forum’s Future of Jobs Report. On average, that’s an ROI of $7 for every dollar spent on leadership development. Now is the Time.

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The Value of Soft Skills (i4cp login required)

i4cp

According to Transparency Market Research , the global soft skills training market will reach a value of US $38 Billion by 2027. These types of studies are often surveys administered to large numbers of people. Soft behaviors are pervasive throughout our being. Sometimes a decision-maker needs more than a logical assessment of value.

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Learning and Development

Analytics in HR

They have come to expect employers to offer career-enhancing growth and development. According to a Gallup survey , 65% of workers evaluate job opportunities based on the availability of employer-provided upskilling. Start by conducting surveys to gather a broad overview of the learning requirements across the organization.

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Critical Succession Planning

MapHR

The current talent environment is one most HR professionals have not seen before. Between 2017 and 2027, a talent shortage of 8.2 In an HR Exchange Network survey, we asked respondents this question: does your company have a formal succession planning strategy that focuses on long-term goals, hiring, and talent retention?

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Retail HR Needs to Focus on Improving Performance in Real-Time

Rallyware for Human Resources

This is why most retailers (69%) seek to improve store employee training, according to a survey from Square Root and Forrester. We need to look at talent development from a design thinking perspective and apply the components across learning strategies where it makes sense. Digital literacy will be a must.