COVID-19 has irreversibly transformed the world. We are witnessing a moment of uncertainty and unemployment that has never been witnessed in this century. The corporate sphere is reeling from the impact of the current pandemic, and mass unemployment is sure to follow. People must adapt personally and professionally to new social distancing guidelines that are sure to define the following months and years to come.
During these uncertain times, Human Resource personnel in the world will face the daunting task to ensure that their businesses survive through these changing times with lots of layoffs and careful quality hiring. A complete makeover of the talent acquisition process will be necessary to survive tomorrow's economy.
After the pandemic lifts, countless people will be left without jobs, and countless jobs left without people.
Recruitment teams throughout the world must prepare for the inevitable talent flood/tornado that will overwhelm unprepared businesses unless a complete reboot of the talent acquisition process takes place. This unprecedented period of hiring can change the talent landscape and make or break organizations.
Will the IT/ITES adapt or perish?
The landscape of tomorrow will be determined by those willing to invest swiftly and decisively.
The landscape of the entire corporate world is changing. Most of the talent pool who are not aligned to a long term customer project/engagement already (Which more than 50% of the current Talent pool) will find themselves actively seeking new networks and opportunities as previously safe markets are teetering.
Talent acquisition teams have a golden opportunity to reach out and access the previously inaccessible pool. Some industries will never be the same, and corporate eagerness to get employees back into the office will see new regulations ushering in the post-COVID era.
This period of transition into a virtual workspace brings its own difficulties. Physical movement is projected to reduce with virtual traffic almost doubling in several countries. This brings about a need for a better understanding of virtual networks and workspaces, and our Talent Research/advisory can provide you the knowledge base to rapidly transition your recruitment operations into a purely digital one swiftly and well informed.
This is a make or break moment for talent acquisition teams as the highest performing candidates from all industries will now be actively searching for employment, possibly for the first time in years.
Our Talent Service will work hand-in-hand with your teams to secure the best candidates the market has to offer while ensuring your company's brand is front and center in previously inaccessible candidate's minds. As virtual workspaces become the norm, the acquisition of the best employees working without borders will soon become paramount to the success of any organization. After all, your talent pool is no longer limited to your city limits; The trump card now is “Talent Mobility” within locations, which was earlier challenging. We can provide maps of exhaustive talent pools to ensure your business has the best candidates the entire country has to offer while providing a time-tested renovated approach to locate the ideal candidates relevant to your organization, however niche or mainstream the requirements.
Transformation of corporate offices into a fully digital/remote ready workspaces might seem intimidating with the Talent shuffle, but with the aid of our Recruitment consultant, Talent Researchers and Advisory transforming Talent ecosystem of all sizes into comfortably functioning firms is possible with little-to-no complexities. All critical personnel might now work from home and push businesses to innovate aggressively towards social distance-friendly, innovative, virtual workspaces at least for the next few quarters and probably a year or so.
This period marks the greatest time of need for millions of employees and employers the world over.
Our talent services can help you get ahead of the curve by providing insight into your competitor's policies and help you flatten the curve by attracting relevant talent whether its digital workspace or on-premise with some regulations as efficiently as possible. Let us work hand-in-hand to restore our economy and traverse the unknown economic waters of tomorrow.
"When normal life resumes, there will be millions of people without jobs, and millions of jobs without people"
When normal life resumes, there will be millions of people without jobs, and millions of jobs without people. One possible outcome, which the HR world must prepare for, is a period of unprecedented hiring activity as businesses around the globe reboot their talent acquisition processes.
Our talent research practice with talent market assessment, reports, candidate connects, talent supply understanding with an inventory of active talent pool ready for hiring across hot/niche skills which are demand both in the pre and post-covid estimate, gives us the armory to feed the appetite of the talent demand side.
Let’s call this timeline “Talent Flood”, and it has the potential to change the talent landscape of IT/ITeS in the Indian region across Service players, Global-in-house or Captive Centers across industries, Consulting Firms, Startups, and others.