In the aftermath of the COVID-19 outbreak, many companies have been laying-off staff to stay in the reckoning. Most of the employees are sacked due to their companies’ need to keep their heads above water rather than performance issues.
Posts Tagged Talent Acquisition
The COVID-19 outbreak has hit the global economy rather hard. The world has witnessed a tectonic shift in all aspects of human life - business or personal. The streets are deserted, the corporate hallways are empty, and life as we knew it has come to a standstill.
As the COVID-19 pandemic takes its toll across the globe, major world economies have begun to show signs of being under pressure due to the steep and sudden drop in economic activities.
In a matter of weeks, remote working has become a norm thanks to the COVID-19 pandemic which has virtually brought the world to a grinding halt.
Trends such as increasing use of technology in hiring, social media recruitment, focus on employer branding, candidate experiences, looking at hitherto under-recognized potential, etc. have transformed hiring in 2019 and will continue to shape the hiring landscape in 2020. Let us take a look at these trends.
Many industries are struggling to fill jobs on a global basis. In tough economic times with high unemployment and loss of jobs, it is challenging to focus on workforce skill development. But if we see things differently, there is no better time to focus on this serious issue of skill development than now. It is not just individual organizations or sectors that are feeling the consequences of skill gap, the entire nation pays a heavy price when they cannot find or equip their workforce with the right skills and prepare them for critical jobs.