COVID-19 changed talent acquisition. Wondering how much? Us too.
The global pandemic (COVID19) and the events of 2020 dramatically changed the landscape of talent acquisition. Organisations have adapted and adjusted their priorities, processes, and budgets with limited resources. After years of building strategies and roadmaps, many talent acquisition leaders have been forced to reconsider these plans overnight.
Some companies have halted hiring efforts completely while others have increased their headcount. According to this study, 62% of companies are still hiring even if their focus has changed. And, while different regions and different sectors face new realities in recruiting talent, the uncertainty of this year has created a collective experience. Every organisation is going through some type of transformation and talent acquisition leaders are in a unique position to help influence this change.
Yet many organisations feel paralysed when transforming their approach to talent. And they are left asking, “what next?”. The future seems uncertain and for many companies, talent acquisition still proves to be incredibly complex.
When we started this research project in January 2020, our goal was to create a report that would look closely at the current global talent acquisition function. Today, our goal has shifted. This report is designed to help organisations on their path to talent acquisition transformation. It examines the past year, the current state, and the future of talent acquisition. It is a resource for leaders looking to rebuild and reshape recruitment strategies.
This report will help companies answer the following questions:
- What was the state of talent acquisition pre COVID 19?
- How has COVID 19 impacted talent acquisition capabilities, processes, and technology?
- How has the candidate experience changed over the past year?
- What steps do companies need to take to prepare for the future of talent acquisition?