2021 Predictions Managing Your Workforce - Goldbeck Recruiting

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2021 Predictions Managing Your Workforce - Goldbeck Recruiting
2021
Predictions
Managing Your Workforce
2021 Predictions Managing Your Workforce - Goldbeck Recruiting
your decisions this year. I hope you
Introduction                                find it to be a valuable use of your
                                            time. If it’s not, let me know about it
                                            on LinkedIn and we can build both
It might seem counterintuitive to
                                            our profiles with some healthy public
start off a report such as this by
                                            debate.
saying that I’m skeptical of predic-
tions, but it’s only fair I’m honest with
                                            One piece of advice I will give that
you.
                                            is more important than any individu-
                                            al decision is this: Take the time to
I think we all know a few examples
                                            hire the best people. Whether you
of the loudest, most confident
                                            use a recruitment agency or not,
person in the room getting an out-
                                            this will always be worthwhile no
sized share of attention for their                                                            HENRY GOLDBECK
                                            matter the circumstances you’re
opinion. Then when someone else                                                                      President
                                            faced with in 2021.
responds with the variables and fac-
tors behind a differing prediction,
eyes glaze over. We tried to walk the                                                 follow the rules over the break. If
line between that. This report was          A NEW BASELINE HAS BEEN                   hospital capacity is managed, then
designed to give you a range of             set, and companies have all adapt-        I believe we will have a good year.
personal opinions from our team             ed to work under COVID restrictions.      The key will be the first quarter,
that you can combine with the               As we write this in the run up to the     heavily dependent on the general
opinions of other experts and politi-       holidays, the biggest thing we’re         health figures. I’m a big believer in
cians you follow and piece together         watching for is how closely people        the K-shaped recovery. Particularly
2021 Predictions Managing Your Workforce - Goldbeck Recruiting
here in BC’s Lower Mainland, we         be keeping a close eye on the US,           Early Performers
                                                                                     Medical Supplies,
have strong industries like construc-   and the Biden administration will not    Streaming, E-Commerce
tion and tech that will continue to     do Alberta any favours. Our 300
grow. Amazon is adding 6,000            million + neighbours to the south are                            Rebounding Business
people to The Post building, current-   heading into the worst COVID                                     Home Improvements,
                                                                                                         Surgeries, Technology
ly under construction in a perfect      phase to date, and they’re strug-
literal example.                        gling to manage hospital capacity.
                                        This may affect the import/export
The vaccine will run its course over    industry in particular, which has                                        Painfully Slow,
                                                                                                                  But Not Out
the year. Once things stabilize, the    widespread potential consequenc-                                            Airlines,
government will invest heavily on       es from US food to auto and lumber                                       Entertainment,
                                                                                                                   Car Sales
infrastructure to boost the econo-      demand.                                      Casualties
my. Our economists aren’t afraid of                                                Over-Leveraged,
                                                                                   Cash-Flow Driven
deficit spending and our federal        It will all come down to our local         Small Businesses
and provincial leadership will spend    consumers in the end. We think that
more liberally in contrast to past      they’ll have a lot of pent up spend-
crises. Business owners have already    ing desires come the summer and
started their own spending. Plans       the next holiday season. Personally, I
and strategies hamstrung by the first   think it will be the biggest Christmas
lockdowns and uncertainty are           spending ever in 2021. By then, we’ll
unfolding now. Goldbeck had a           be publishing our next batch of pre-
similar October and November to         dictions and if we were right, we’ll
pre-pandemic levels, and our net-       make sure to dust off this report. But
work is busy preparing for next year.   most likely, we’ll pretend we never
We do have some concerns. We’ll         said any of it!
2021 Predictions Managing Your Workforce - Goldbeck Recruiting
Table of Contents                                                                                               5        Hiring and Compensation

                                                                                                                6        Candidate Mentality
The following report contains two types of insights, useful to employers
and employees alike.                                                                                            7        Benefits, Safety and Health

                                                                                                                8        Lifetime Learning and Realignment
The first is observational. Where do we stand today? This is the compar-
atively easy part, although putting it into perspective still requires                                          9        Working Remotely

expertise.                                                                                                     11        Virtual Recruiting, Interviewing and Onboarding

                                                                                                               12        Communications and Engagement
The other is predictive. Where are we going tomorrow? Our executive
recruiters and senior team are in close contact with a wide range of                                           12        Online Everything
business leaders. In order to take advantage of their knowledge,
                                                                                                               13        The Role of Recruiters
we’ve teed them up and instructed them to take a rip. Let’s see who
hits the fairway.                                                                                              14        Facing Uncertainty

    KEVIN BRITTON          KAREN EPP               WILL GOLDBECK               CIARAN HENDERSON        JESSICA MILES          ALLESSIA PAGLIAROLI        JUDY SLUTSKY
    Executive Recruiter   Executive Recruiter   Business Development Manager     Executive Assistant   Executive Recruiter       Executive Recruiter     CPHR Consultant
2021 Predictions Managing Your Workforce - Goldbeck Recruiting
PERCEPTIONS OF WHEN
                                                                        HIRING AND COMPENSATION
                   THE PANDEMIC WILL END
                                                                        Of this we are confident: workers will
                                                                        still be needed in the foreseeable
                                                                        future and they will still expect to be
                                                                        compensated. Our shifting econo-
                                             Δ LAST        OCT
                                             WAVE         20-21
                                                                        my remains in flux, but there will be a
                                                                        light at the end of the tunnel. This
       Less than 6
                                                                        particular period defies the easy
                                                +3         11%
          months
                         14%                                            characterization of boom or bust,
                                                                        employer’s market or employee’s.
      6 months to                                                       “Several factors indicate that this                 “Something that I believe we’re
                               42%              +9         33%
          1 year
                                                                        downturn is different,” says the Har-               going to see is the continued trend
                                                                        vard Business Review. “And there                    toward smaller offices and working
       1 - 2 years                                         40%          are warning signs that Hiring Man-                  from home,” says our Executive
                            35%                 -5
                                                                        agers dusting off 2008’s hiring play-               Recruiter Kevin Britton. “We may
                                                                        book may destroy considerable                       see even more contract / contrac-
     Longer than
         2 years           8%                   -7         15%          value for their firms.”1                            tor agreements than actual em-
                                                                                                                            ployees as people are going to
                                                                        Several of our executive recruiters                 want to write off their homes as
                                                                        and members of our senior team                      offices, supplies, travel etc. Compa-
Angus Reid Poll taken Dec 16-17, 2020. Base: TOTAL applicable           shared their thoughts on compen-                    nies may be forced to pay for cell
(n=1,510). Q: There’s been a lot of talk of “when this is over”. In
your mind, what will that look like? Q: In the previous question, you   sation and hiring.                                  bills, laptops, and internet. This, of
                                                                                                                            course, would be minimal for smaller
said [PIPE IN Q_NORMAL] And when do you think this will happen?

1 “Why Hiring During Covid Is Different Than in Previous Downturns.” Harvard Business Review, December 7, 2020. https://hbr.org/2020/10/why-hiring-during-covid-is-differ-
ent-than-in-previous-downturns.

                                                                                                                                                                             5
2021 Predictions Managing Your Workforce - Goldbeck Recruiting
companies that have large offices       CANDIDATE MENTALITY                                                               making a move at this time.”
that cost a fortune in comparison.”
                                        With the state of the economy                                                     Pagliaroli sees an uptick in interna-
Goldbeck Executive Recruiter Jessi-     uncertain, perhaps many are hesi-                                                 tional applicants.
ca Miles sees current realities         tant to walk away from their current
impacting compensation for sales-       positions.                                                                        “Many applications are coming
people.                                                                                                                   from the USA (and other countries
                                        “I’m getting fewer applicants from                                                too), definitely more than usual. On
“Since sales representatives are        postings,” reports Goldbeck Execu-                                                the other hand, the immigration
selling more virtually, companies are   tive Recruiter Karen Epp. “Of these,                                              processes have slowed down so
providing mileage for car use,          most are new Canadians or here on                                                 many candidates are in an implied
rather than monthly car allowances.     work permits. People are holding on                                               status waiting for PR, which is usually
We were already seeing this trend       to their jobs and not as open to                                                  a deterrent for our clients.”
before the pandemic.”
                                                                                                                                                               18-34
Despite the availability of recently                                                                                                                                                64%

released candidates, our Recruiter                                                                                                                             35-54                    76%
Alessia Pagliaroli observes that com-      FOR YOU,                   76%                                                          THOSE MORE
panies are approaching hiring with       PERSONALLY,
                                                                    Security
                                                                                              December 2019:
                                                                                                                                     LIKELY TO                   55+                       86%
                                         WHAT IS MORE                                         Security 68%
caution.                                 IMPORTANT -                                          Opportunity 32%
                                                                                                                                   SAY SECURITY
                                                                                                                                      IS MORE
                                         OPPORTUNITY                                                                                IMPORTANT
                                         OR SECURITY?
“Clients have been skeptical about                                                                                                                             Male                   70%
hiring candidates who have been                                     24%
let go, even if it was due to COVID.”                            Opportunity                                                                                 Female                       82%

                                         Angus Reid Poll taken Dec 16-17, 2020. Base: TOTAL (n=1,510). Q: Now, thinking about your life overall... For you, personally, what is more important -
                                         opportunity or security?

                                                                                                                                                                                                   6
2021 Predictions Managing Your Workforce - Goldbeck Recruiting
BENEFITS, SAFETY AND HEALTH               cations to manage stress, disease,     ny, the stricter their policies are
                                          pain.”                                 towards travel during COVID, prob-
Top of mind for both employers and                                               ably due to liability issues.”
potential employees are safety,           While many are working remotely
health, and benefits.                     (more on that later), those who must   Janitorial staff were once consid-
                                          report to work are expecting a safe    ered like hockey referees, the less
As Alessia Pagliaroli says, “Due to the   environment. Companies will have       seen or thought of, the better the
pandemic, benefits have become            to focus on this goal, often at the    job they were probably doing. Now-
even more important now, so job           expense of business as usual.          adays they are featured as symbols
seekers are asking more and more                                                 of a workplace’s commitment to
to have benefits covered from day         Says Jessica Miles, “Productions and   sanitation.
1, instead of waiting for the 3-month     operations leaders in many indus-
probation period.”                        tries will face challenges around      Karen Epp adds, “My daughter at
                                          workplace health and safety. The       age 17 landed her first job doing
Judy Slutsky, Goldbeck Recruiting’s       challenge of increasing operational    cleaning for Covid. I expect the
Certified    Professional Human           efficiencies    while    maintaining   cleaning industry has had to adapt
Resources Consultant, also sees           COVID protocols could come into        to a lot of changes and demands.
greater need.                             conflict. Some companies are           She is tested weekly for COVID to
                                          requiring employees to travel,         remain in her job. Will we see more
“Employees may require greater            despite the travel challenges and      of this?”
and different access to extended          requirement to quarantine when
health care options (physical thera-      you get back to Canada. This is
pies in person and online) as well as     more for small to medium sized
access to greater variety of medi-        companies. The larger the compa-

                                                                                                                  7
2021 Predictions Managing Your Workforce - Goldbeck Recruiting
LIFETIME LEARNING AND REAL TIME
REALIGNMENT

“Our need will be the real creator” –
Plato

With so many factors impacting the
workplace, positions are being
reimagined on the fly. Like society
as a whole, companies have taken
on the challenges of 2020 one day
at a time, a trend that will continue
in the near future.
                                                                               technology becomes a part of the
“I saw executives take on lower         Long gone are the days where gold      employee deliverables,” says Judy
level responsibilities because the      watch ceremonies marking a half        Slutsky. “We’re seeing a closer look
business needed them to,” says Busi-    century of service to one company      at existing employee skills required
ness Development Manager Will           were commonplace. Today, more          to meet new and future business
Goldbeck. “I know a company             than ever, even employees who do       objectives, including new technolo-
where after laying off outside sales    have extended careers with a single    gy required to do business such as
people due to COVID, the VP of          company are expected to embrace        e-commerce and the leadership
sales had to hit the road and           lifelong learning.                     and management skills to work with
become the de facto junior outside                                             a remote workforce.”
sales person for the company.”          “Existing roles now require that new

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2021 Predictions Managing Your Workforce - Goldbeck Recruiting
WORKING REMOTELY                                              work productivity and their ability to   “I think more full time roles will be
Have you ever sat by an ocean,                                maintain that coveted work/life bal-     filled remotely,” says Will Goldbeck.
lake or poolside on a hot summer                              ance). In fact, only one-in-five indi-   “I saw one posting for a substantial
day? Jumping in seems like a good                             cate that they want to go back to        accounting position and you could
idea, but somehow you’re hesitant                             the office full time, and two-in-five    live wherever you wanted as long as
to do so. After much delay you take                           saying not at all.”2                     you kept 9-5 EST hours. They are a
the plunge. Hours later you’re still                                                                   normal office, but they figured why
splashing about, hesitant to leave.
Remote working is like that body of
water: 2020 threw us in head first but
now some of us aren’t ready to dry
off any time soon. While the debate
can be polarizing and many are
anxious to get back to the work-
place ASAP, it seems that we’ll see
an uptick in the practice of remote
work for the foreseeable future.

According to Angus Reid, “Over the
last year almost one-half of Cana-
da’s workforce started working from
home. These individuals report high
levels of satisfaction with the experi-
ence (specifically with their overall

2 Roy, Holly. Last Covid-19 Report of the Year, December 21, 2020.

                                                                                                                                          9
2021 Predictions Managing Your Workforce - Goldbeck Recruiting
not hire an accountant from home?        their clients and for sales presenta-    panies to diversify their workforce,
Makes sense to me.”                      tions (Zoom, Teams, etc.).”              save money and hire people with
                                                                                  higher skills than the local market
“I am receiving requests almost          The consequences of this shift will go   allows.”
daily from applicants looking for        beyond the ability to wear leisure
remote jobs,” Karen Epp adds. “Will      clothes from the waist down. Com-        Henderson believes that this unlock-
employers create and be open to          panies are increasingly considering      ing of geographical restrictions on
more remote positions? In the past,      the possibility that their candidate     hiring will not only impact the way
once a person proved themselves          pool is global. The implications of      we work, but the very places we call
to an employer then remote work          this are staggering and could take       home.
was considered. Candidates now           years to fully realize.
want it from the start of employ-                                                 “I believe that the valuation of tradi-
ment. I think employers will continue    ”I wonder if companies are going to      tional commuter cities/towns and
to be slow in this but am curious to     be hiring people remotely more and       beyond will rise in value. If people
see how remote work evolves.”            more often,“ says Executive Assis-       only have to visit the office a couple
                                         tant Ciaran Henderson. “This may         of times a month, I believe they will
The trend toward remote applies to       lend towards the globalisation of        be willing to live further away,
sales as well.                           the workforce in general. If you are     hence raising the demand and the
                                         a company who is going to be             value of the properties in these
Jessica Miles points out, “As the        hiring for a specialized position that   areas.”
pandemic continues, customers are        is going to be working fully remote,
not allowing sales representatives in.   then this does not limit you to the      ‘Doveryay, no proveryay’ goes the
Sales people are pivoting and using      local geographical region. This          Russian wisdom, which translates to
virtual tools to stay in touch with      could be a big opportunity for com-      ‘trust, but verify.’ It was a mantra oft

                                                                                                                       10
repeated by Ronald Reagan as he          ly, but recruiting, interviewing, and
and his Soviet counterpart Mikhail       onboarding as well.
Gorbachev worked to thaw the
Cold War in the 1980s. It seems that     “Recruiting will be more virtual,”
many managers feel the same way          Karen Epp explains. “Clients do not
toward their teams today.                expect recruiters to meet candi-
                                         dates in person. In person interviews
“I do believe there will be compa-       will happen as a very last step of the
nies that will want software to log      recruitment process and only with
people’s work on their home com-         whoever really needs to be
puters, usage, etc. to ensure things     involved.”
                                                                                  How does HR measure success in
are getting done,” says Kevin
                                                                                  this new style of remote working,
Britton. “Trust is great, but compa-     This shift means that both employ-
                                                                                  recruiting and hiring? By looking to
nies and those who have to answer        ees and employers will have to
                                                                                  the numbers.
to the bottom line want to have all      learn to present themselves favour-
the data they can, I would imag-         ably through the screen, says Alles-
                                                                                  “There is a renewed focus on ana-
ine.”                                    sia Pagliaroli.
                                                                                  lytics and data when it comes to
                                                                                  human resources,” says Judy Slutsky.
VIRTUAL RECRUITING, INTER-               “Recruiting processes will likely stay
                                                                                  “As organizations decrease human
                                         virtual and both candidates and HR
VIEWING AND ONBOARDING                   teams need to improve the way
                                                                                  contact with each other – HR data
                                                                                  is becoming increasingly important
                                         they come across/present them-
It’s not only the day to day work that                                            to gauge employee performance.
                                         selves through a video call instead
will be (and is) taking place remote-                                             This has resulted in more focus on
                                         of in-person.”

                                                                                                                   11
having a robust HRIS system and          communications technology.                  ny culture when everyone is remote,
more focus on identifying employee                                                   which may create disconnection.”
Key Performance Indicators and           “Companies are developing engage-
metrics to identify and track perfor-    ment programs to keep the remote            Henderson predicts, “There will be a
mance in jobs.                           teams motivated and focused,”               continuing shift in technology towards
                                         argues Pagliaroli. “Also, they are think-   improving communication services
Organizations are taking a closer        ing about different ways to keep a          that people can use to connect
look at employee attrition rates,        positive, supportive, inclusive compa-      remotely. Looking Glass has already
retention rates, underlying factors in                                               developed an affordable personal
job satisfaction and engagement                                                      holographic display. It will be interest-
rates.”                                                                              ing to see how this technology devel-
                                                                                     ops in the future.”
COMMUNICATIONS                 AND
ENGAGEMENT                                                                           ONLINE EVERYTHING

Recent years have seen increased                                                     For many households, 2020’s most
focus on team building and compa-                                                    frequent houseguest has been the
ny culture. Can this be achieved                                                     Amazon guy or gal. Going forward
remotely? Alessia Pagliaroli observes                                                even laggard companies will have
that companies are looking for ways                                                  to consider their online custom-
to engage their remote workforces,                                                   er-facing infrastructure a top priority.
while Ciaron Henderson can’t help                                                    As a result, tech skills will continue to
but wonder about the future of                                                       be in demand.

                                                                                                                           12
“Retailers and grocers who think that                         er loyalty programmes to try and          THE ROLE OF RECRUITERS
online services are a pandemic-only                           keep customers from switching to
situation better think again,” says                           competitors.”                             As companies reimagine their work-
Angus Reid. “Before March, curbside                                                                     places and staff, recruiters will
pick-up or online delivery was a                              “Delivery services, cold calling sales,   evolve alongside them. Managers
niche offering among grocers and                              construction, mining, food industry       are sharpening their pencils during
relatively non-existent among retail-                         (other than waiters etc.), grocery,       this period of economic uncertain-
ers. Now, almost half of Canadians                            online literally anything are going to    ty, which means that recruiters must
have tried online grocery services                            be huge,” adds Kevin Britton. “Entre-     work extra hard to convey their
and that proportion increases to                              preneurship for people starting           value, says Business Development
three-quarters for retailer services.”2                       online businesses will be something       Manager Will Goldbeck.
                                                              they is going to continually
“To have an online presence is no                             increase.”                                “Recruiting is an expense. In my
longer an option, it is an absolute                                                                     area of speaking with prospective
necessity and if businesses stick to a                        “A functional, effective online cus-      clients, this is more apparent to busi-
traditional brick and mortar model, I                         tomer service/order fulfillment team      nesses than before. As an organiza-
think they will be doomed to fail,”                           has become even more essential for        tion, when you had to lay off good
says Ciaran Henderson. “Online                                companies selling online,” Alessia        people in the spring or summer due
delivery services for takeaway food                           Pagliaroli points out. “Employers may     to COVID, it can then be hard to
and groceries have exploded and I                             create more structured customer           justify hiring a recruiter. This is why
think the competition in this area is                         service/ordering teams that have          more than ever we have to justify
going to become bigger. You can                               the ability to work on pricing, analyt-   our expense. Because we are worth
already see a shift in some of these                          ics, etc. to predict consumers’ new       it.
companies putting in place custom-                            habits.”

2 Roy, Holly. Last Covid-19 Report of the Year, December 21, 2020.

                                                                                                                                            13
“This demonstration of value hap-           improve their bottom line. That’s just   “Every year as the year comes to a
pens not just with lip service, they        good business. So that is how we         close,” muses Karen Epp, “I wonder
actually have to deliver. I liken it to a   grow, to keep delivering and to          what will the next year bring? It is
nice restaurant versus McDonald’s.          reach more employers who have
A nice restaurant has to live up to         tried on their own and know they
                                                                                           WHAT WILL “BACK TO NORMAL” LOOK LIKE?
your expectations and deliver on            can’t do it alone. The easy positions,
something you cannot get at Mc-             recruiters will get less and less of
Donald’s. If you don’t, then you            those.”                                         Things will be
have to compete with the prices at                                                         the same as it 6%
                                                                                             always was
McDonald’s, and that is not sustain-        FACING UNCERTAINTY
able. In our world that means work-                                                        There will be
ing with clients who have worked            Death and taxes. Right now, there                some minor                                          41%
really hard to fill a tough position!       are few other certainties. Tumultu-
                                                                                        changes to how
                                                                                         we live our lives
They have tried everything and they         ous times have a knack for placing
cannot find that perfect mix of             a premium on those who can
                                                                                     There will be major
                                                                                            permanent
technical knowledge, experience,            re-imagine process, steer a steady         changes to how
                                                                                                                                                          50%

and career stage. And then we               ship, and ride the waves without            we live our lives
come in, work our tails off, target the     panic. Even as our recruiters have        I don’t think there
specific people who qualify, and go         gamely offered their predictions for     will be a time when              3%
after them. When that happens, our          the coming months and years, they                   this is over
clients are thrilled to pay our fee.        admit that constant re-evaluation
Who wouldn’t? We just solved their          will be in order.                          Angus Reid Poll taken Dec 16-17, 2020. Base: TOTAL applicable

problem and they got an incredible                                                     (n=1,510). Q: There’s been a lot of talk of “when this is over”. In your
                                                                                       mind, what will that look like? Q: In the previous question, you said

employee who will probably
                                                                                       [PIPE IN Q_NORMAL] And when do you think this will happen?

                                                                                                                                                             14
typical for November and Decem-            office to answer the phone). It
ber to slow a bit. Usually I encour-       didn’t work, basically at all. We
age applicants that recruitment is         needed the phone call and now we
always busy in the first quarter of the    make twice as many phone calls as
year. Today, I am filled with uncer-       pre-COVID.”
tainty as to what the first quarter will
be like and some hope that positive        Looking forward, Kevin Britton says,
change and solutions are ahead. I          “I haven’t seen a huge slow down in
do not feel as certain about any-          too many industries but, rather, small
thing as I have in the past.”              changes in direction and more stra-
                                           tegic people being put in place
“I think COVID-19 has been a wake          who have a vision of our new future
up call for almost everyone,” stress-      world.”
es Will Goldbeck. “It makes you
re-evaluate everything you are
doing. Oh, I didn’t even have to go
to the office this whole time? What
else have we been doing that
doesn’t make sense? It definitely
made me re-evaluate how we pros-
pect and reinforced the power of
the phone call. When COVID first hit,
we shifted to email prospecting
(assuming no one would be in the

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