We include developments from the Staffing Industry Daily News and The Staffing Stream to help you focus on emerging movements that could shape your business for the better.


New Hires

These workers have finite time to prove themselves.

The majority of Canadian CFOs, 92%, said new hires have less than six months to prove themselves, according to a Robert Half Finance & Accounting survey. Forty-one percent allow new hires between one and three months to prove themselves in a new role.


 

 

Trends_1605_Integrity_WEBThe Right Stuff

Hiring managers value integrity over other traits.

Hiring managers are receptive to candidates changing careers, especially if their previous experience can be applied to the new position, according to the fifth annual job preparedness indicator report released by DeVry University’s Career Advisory Board. However, integrity is the top trait that candidates should possess.


 

Trends_1605_Globe_WEBBrace for the Future

What the staffing industry should know about the contingent workforce.

Work just isn’t what it used to be. Contingent workforces, and what is known as the “gig economy,” are becoming the new norm.

From big data to the now ubiquitous use of smartphones, understanding the forces that are shaping workforces today is essential to the success of any staffing company. Here are a few trends to be aware of.

Demographics. Demographics drive a transition towards skills-based freelancing. Millennials, now make up 44% of the on-demand workforce. Staffing professionals must recognize that this is an entirely different generation than the Boomers and Gen Xers before them, with a different perspective about work and their careers.

Big data. The abundance of data available to staffing and HR professionals is at an all-time high and has led to the development of labornomics, best described as hiring based primarily on data and statistics. Valuable insight into successful hires can be pulled from large data sets thanks to advancements in data collection, algorithms and analytics. From candidate’s self-reported qualifications (education, professional experience, skills, etc.), staffing professionals can easily match an individual to a company’s open requisition.

Technology. The pace at which technological innovation occurs continues to accelerate, and the staffing industry will benefit tremendously. New technologies and online platforms that connect talent with available work have the potential to increase global GDP by $2.7 trillion.