2020 Employment Trends Every Employer Should be Aware of

January 10th, 2020

Employment trends for 2020.

Whether your business is looking to fill key positions or is interested in learning how to boost employee retention, looking at current employment trends can provide you with plenty of valuable data and insight. Are you interested in what to look out for going into 2020?

Check these employment trends before your next recruitment.

Smaller Talent Pools Lead to Higher Competition

There’s certainly no dearth of qualified candidates out there, but most are already employed in the workforce. Unemployment is at an all-time low—just 3.6% as of the fourth quarter of 2019. This is potentially great for society, but less of a benefit for businesses looking to meet recruitment goals.

Trending now is a shift to offering competitive benefits packages, work from home opportunities, and focusing heavily on healthy workplace culture. The move seeks to both increase employee retention so businesses don’t bleed great talent, and to attract skilled employees from competitors.

Swifter Hiring Processes Find Greater Success

Surviving for any amount of time without gainful employment in the modern day is almost impossible. Even if a candidate is currently employed, there’s a solid chance that they may be underpaid, underappreciated, or are otherwise not having their needs met. This situation breeds a sense of urgency—candidates are looking for better opportunities from growth and advancement and they aren’t looking to complete the process at a slow pace.

A streamlined hiring process is crucial to filling key positions within your business. To meet recruitment goals, more and more businesses are looking at various methods of accomplishing this. Among the most popular and effective thus far are working with employment agencies and mobile-friendly recruitment methods to find pre-qualified candidates.

Human Agenda is the Priority in 2020 Employment Trends

While at one time “the grind” was a partially good-natured joke, modern workers are more than tired of being a cog in the machine. There may be more work to go around than ever, but many offerings are low-paying and soulless.

Further opportunities for contribution and collaboration are becoming ubiquitous, as is a move to heavily leaning on improving workplace culture, embracing workplace diversity, and businesses becoming more empathetic on a grand scale. Employees no longer want to “just” work—they spend massive chunks of time at our workplace, so fulfillment has naturally become a vital component of attracting and retaining employees.

The Gig Economy Continues to Grow

What is presumably a combination of generational changes, social changes, and an ever-shifting economic climate, more and more workers are opting to take on side work. Talented employees often carry a “main” job while also running freelance, contracted, or temp work in order to fulfill their financial and self-actualization needs.

A business that is aware of the gig economy trend and capable of adapting to it can benefit greatly. There’s tons of excellent talent looking for side tasks or to take on some extra hours. Connecting with a Fort Lauderdale staffing agency that specializes in your industry can provide an ample source of stable workers, both for temporary positions and as long-term solutions.

Work with a Skilled Employment Agency Like PrideStaff

Employment trends come and go, and many are short-lived. One thing that always remains the same is this: you need skilled, qualified candidates. PrideStaff is your superior source for call center staffing, clerical staffing, and more. With our comprehensive knowledge of modern employment trends and hiring methods, we are the go-to team for connecting qualified candidates with employers in need.

Want to know more about 2020 employment trends? Connect with an Administrative and Clerical Staffing Agency like Pridestaff and take advantage of our no-cost consultation—just call (754) 800-2850.

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