Deloitte’s inaugural Global Marketing Trends report identifies seven themes that can guide the entire C-suite in fostering the human connections and experiences that are critical in the digital age. In 2019, predictive analytics are being increasingly used by organizations to refocus their workforce planning lens from a qualitative one to a quantitative one, which enables them to understand how much every employee is worth to the organization. As the marketplace evolves, both legacy and emerging fashion brands must increase their online presence and use big data and analytics to offer more personalized solutions and capture a bigger shar… One way of tackling the challenges that both job applicants and employers are facing is to have individuals constantly upskill and learn. The countries that are hardest impacted to date are China, Japan, South Korea and Australia. The U.S. insights also show that employers continue to extend lucrative compensation offers to persuade workers to switch companies, but the pre… This year’s Global Human Capital Trends report calls upon organizations to embrace three attributes—purpose, potential, and perspective—that characterize what it means to fuse people and technology to perform as a social enterprise at work. Devex Talent Outlook 2020: Skills Gaps & Opportunities, demonstrate accountability and development results, Organization for Security and Co-operation in Europe, Expert advice for continuing agricultural research during COVID-19, New UNESCO report shows COVID-19 leaving vulnerable children behind, Financial crisis deepens for the development sector, Isolated, anxious development pros embrace new methods under lockdown, How to stay relevant during your job search, How to rethink your hiring culture to create more equal opportunities, Recruiter insights: How to land a job with UNDP. To find out more about hiring and job-seeking trends for the year ahead, read the full “Devex Talent Outlook 2020” report here. To learn more about what this means for organizations trying to find top talent and for job seekers, Devex asked employers and development professionals for their thoughts. Hiring Trends at the Dawn of the New Decade. The only downside to this is that soft skills cannot be gauged by a resume or an interview. Improved diversity and inclusion at all levels of your organization can go a long way in creating a safe environment where employees feel safe asking for help. We invite you to join us. More organizations are joining the wage growth trend in employment in order to attract and retain better talent in their workforce. As business leaders navigate a rapidly changing and increasingly digitized environment, keeping the human front and center is a challenge. Flexibility, holidays and bonuses are a great way to make the job more appealing. How Coronavirus Will Change The Job Market Forever . Pay transparency ensures that companies tackle inequalities such as gender pay gaps. A social enterprise, we connect and inform 1,040,000+ development, health, humanitarian, and sustainability professionals through news, business intelligence, and funding & career opportunities so you can do more good for more people. From the data, we’ve examined the latest trends across the market, the skills necessary to stay competitive in the future, and the best practices to find jobs and candidates. The global food delivery market is now worth over $100 billion and, if current rates of growth are sustained, it size will have almost doubled between 2017 and 2023. To avoid this, the first wave of the interview can be done without these pieces of information, by purely sticking to the abilities and achievements of candidates. In fact, 78% of businesses already believe in having a diverse workforce, and this trend in employment is not going to slow down anytime soon. “If it's self-driven, the fact that somebody is doing something for their own self, their career, for their own professional growth and professional trajectory, says a lot about that person, a lot about the interest that person has in doing a good job, in growing professionally, in contributing, adding value, and making a difference,” said Marta Fernandez de Mazarambroz, recruitment officer at the Organization for Security and Co-operation in Europe. Press release - The Business research company - Global Television Market Report 2020-2023 Trends And Strategies | Top Key Players Samsung, LG, Sony, Hisense, TCL, Philips - … Not too long ago, being able to work from home was rare and was considered a perk. Analytics has the power to transform the HR function, from recruitment and workforce planning to performance management and employee engagement. 2019 has so far, and will continue to bring about a lot of changes in employment trends for both companies and candidates. According to Deloitte’s Human Capital Trends Report 2018, although 85% of the surveyed acknowledged the importance of predictive analytics, only 42% indicated that their organizations were ready to implement analytics at work. It gives actors across the global development sector — including nongovernmental organizations, private sector stakeholders, aid agencies and government institutions — the opportunity to go beyond traditional advertising and tell their stories in an impactful way. The start of 2020 will continue the current trends that we are witnessing right now. But while this may be good news for job seekers, it’s not so great for recruiters because this has made the process of recruitment harder. People are living longer and Generation Z (age 23 and younger) is hitting the job market. ... (quoted in Government of Canada Job Market Trends and News, | … Adobe Stock. New refinery capacity in China, US-China trade relations to shape global aromatics market in H1 2020 S&P Global Platts managing editor Samar Niazi examines how refinery capacity additions in China and the volatile trade relationship between Washington and Beijing will affect global aromatics market in the first half of 2020. It’s also about educational backgrounds, religious and political beliefs, sexual orientations, cultures and even disabilities. We recommend that you use your own judgement and consult with your own consultant, lawyer, accountant, or other licensed professional for relevant business decisions. 80% said that soft skills are important to help the business grow, and 89% said that the lack of soft skills was a let-down in the bad hires. Most candidates who are trained are natural learners with a passion for continuous self-development, and they make for happier and engaged employees. With the growing uncertainty around the spread of COVID-19 and its economic impact, global consumers and businesses alike are increasingly cost-conscious, which is having a cascading impact across multiple industries. Sponsored content is produced in collaboration between Devex’s partnerships editorial team and our partners to promote a partner’s work or perspective on a particular issue. We’ve made your job easier and compiled employment trends that have impacted businesses and will continue to do so this year: According to a survey on global trends conducted by LinkedIn, 92% of the surveyed HR professionals and hiring managers are now focused on soft skills because they are considered more important than hard skills. As a result, employers said they are increasingly looking at candidates with nontraditional backgrounds, including professionals from tech companies and other parts of the private sector. As an employee, it is your duty to help foster and maintain a safe and supportive corporate culture. According to ILO’s recovery modelling for the second half of 2020, even the most optimistic scenario assumes that global loss of working hours would fall by 1.2 per cent (equivalent to 34 million full-time jobs), compared with the last three months of 2019. Nearly one-third of global aid spending — around $32 billion each year — goes to Africa. According to World Economic Forum’s Future of Jobs Report 2018, while soft skills such as empathy, emotional intelligence, creativity, communication skills etc cannot be compared to a degree, “they enable people to leverage their uniquely human capabilities. “Goods exports have been more negatively impacted by softening global conditions and are expected to grow at a modest 3.3% in 2019, slowing further to 2.3% in 2020. Many respondents also predicted an almost twofold increase in hiring in Europe and the Middle East as well as an increase in the hiring of project managers. PUNE, India, Nov. 26, 2020 (GLOBE NEWSWIRE) -- The Transplant Diagnostics Market- Global Market, Trends, Analysis and forecasts 2020-30 gives a … A recruitment chatbot or conversational agent is an AI that is designed to mimic conversations during a recruitment process. However, many companies pivoting to solve evolving needs for both consumers and businesses are experiencing significant global growth. 68% of the surveyed said that they would assess soft skills through social cues picked up during an interview. The proportion of respondents who said they found their first development job through a friend or family member stood at 15%. To support and nurture this nature in employees, they should be provided with the right workplace culture and environment. Despite the falling rate in unemployment, wages had been stagnant for a long time. According to a survey by Allegis, 58% of candidates are comfortable interacting with an AI for initial questioning during the application process, and 66% of candidates are comfortable interacting with AI for interviewing and scheduling. These five job market trends that we’re sure to see more of in 2020 prove that we’ve got a lot to look forward to in the new decade: 1. The other 50% said that a lack of soft skills — leadership, planning, strategy and coaching, and empathy and cross-cultural sensitivity — is the biggest challenge. Over 62% of development professionals said that their current employers invest in staff development and training. Political, environmental, and health emergencies, such as the current COVID-19 pandemic, mean professionals need to be agile to quickly adapt to rapidly evolving circumstances. In the videoconferencing space, Zoom’s stock has risen 75% year-to-date. Technology skills now required in virtually every job Over the past decades, technological advancements had transformed the very fabric of work and the global economy as a whole. Effectively doing so, though, remains a challenge. We see ‘deep learning’ inspired by artificial ‘neural networks’ and evolved ‘augmented reality’. What are you waiting for? 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