Understanding the labor climate. The value of relationships is especially important given our current labor market. One could argue that filling roles today is more difficult than at the height of the talent shortage pre-pandemic. The unemployment rate dropped to 6% last month, while Goldman Sachs estimates that the US economy will grow by 8% in 2021, the largest rate in generations.

What this all means is that by later this year, we very well may not have enough talent to go around once again. In the meantime, the current trifecta of unemployment benefits, stimulus checks, and tax returns means that some unemployed workers are making more money by staying home, at least for the next six months.

With a complicated labor environment like ours, having strong relationships with businesses and talent is important. In fact, it’s the currency of the staffing business today. So what’s technology’s role? Giving recruiters the gift of time to build the connections they need to be successful.

Optimizing staffing firm operations with automation technology. A lot has been said about the dangers of automating the recruiting process. When used too much or applied to certain steps, it can increase bias and negatively impact the candidate experience. But when implemented strategically, the potential ROI and impact on a staffing firm’s ability to deliver is worth the effort. Here’s just two examples.

Onboarding delays. A company’s priorities are shifting more often and more quickly than ever before. More often than not, companies are in reactive mode when it comes to talent. In our Covidera of business, companies are either looking to recover as quickly as possible or take advantage of unforeseen opportunities in the market. Either way, by the time they reach out to staffing firms, the talent gap already exists and the need is immediate — or severe.

For new clients and candidates, automating the onboarding process can help staffing firms speed up time to revenue AND deliver a better customer experience. Think of all the administrative tasks and steps that go into onboarding: collecting, scanning and verifying documents, entering data, provisioning systems, scheduling meetings and more.

By automating these processes, staffing firms can optimize efficiency and ensure all data is complete and accurate, getting new clients and candidates up and running faster.

Process inefficiencies. The way staffing firms source and recruit candidates for opportunities is how they differentiate themselves in a highly commoditized industry. Clients need an easy way to do business in order to minimize disruptions to their own operations, while top candidates expect a seamless, red-carpet-like experience.

Let’s take a look at the biggest reasons why staffing firms fail to place candidates. According to a 2019 Talent Board report, 51% withdrew from an opportunity because they felt like their time wasn’t respected. The second-highest response (26%) was that the process took too long. These are missed opportunities solely related to inefficiencies in the recruiting process.

Process-related challenges are ripe for automation, and there’s a high volume of administrative work that goes into recruiting: resume ranking, interview scheduling, follow up communications, offer letters, contract creation and more.

Automation technology’s biggest impact? Time. Companies expect staffing firms to be able to find workers that they can’t, relying heavily on a firm’s expertise to tap into new talent pools and find the best match for their open opportunities. To do this, sourcing and recruiting teams need to build a strong foundation, and they need time.

It takes time to develop the right client and candidate relationships. Client-facing teams must position themselves as strategic advisors to hiring managers, helping them align their business needs with the right talent strategy. This is only possible by establishing their trust. Likewise, recruiters need to understand what each individual candidate is looking for in a role and where they will be successful. By automating tactical or repetitive tasks like pulling weekly client reports or scheduling interviews, staffing employees have more time for relationship- and trust-building activities.

temporary staffing agencies in phoenix, az

The post Driving Deeper Client and Candidate Relationships Through Automation appeared first on Paragon Strategic Staffing.

As we investigate the future of the automotive industry, it’s clear with technology developing and changing, the industry will continue to evolve with this impact. With additions such as automation, electric vehicles and many other automotive-related updates, the industry will continue to adjust and adapt.

Massive technology-driven disruption, intensified by COVID-19, has accelerated the pace of transformation and shifted talent strategies, according to the latest report from The Adecco Group. As traditional automakers move to embrace new standards, it is becoming increasingly clear that now more than ever companies must review their talent strategy to accommodate this shift.

Key Trends for the Automotive Industry
When we look into the key trends within the automotive industry, technology plays a huge role. In a recent report by Adecco, subject matter experts examined the way technology is vastly reshaping the automotive and mobility industry. These are some of the 10 trends laid out in the “Future of Talent in the Automotive Mobility Industry” report:

1. By 2030, the automotive industry will likely look completely different than it does now – and companies are chasing that growth and the new workforce that comes with it. In the next 10 years, automotive companies will need more workers trained in automation, robotics, and Artificial Intelligence (AI).
2. Autonomous vehicles are expected to be on the road by 2030, requiring an entirely new skillset in machine learning, computer vision, sensor processing, and more to design the guiding intelligence of autonomous cars.
3. Electric vehicles, too, will continue to have a big impact on the automotive industry. By 2025, an estimated 25% to 35% of all cars sold will be hybrid cars, plug-in cars, or fully electric vehicles. That demand will place increased pressure on companies to build new platform architecture to support advanced driving technologies.
4. Companies will need to upskill or reskill their workforce to meet the demand for different types of engineers, specialists, service teams, and much more – leading to a big impact on their talent strategies.
5. All this comes as the industry wrestles with a more digitalized future where Gen Z will emerge as key decision makers across the world, shifting consumer patterns and behaviors. Ensuring business continuity requires a deeper, more meaningful and holistic assessment of companies’ talent strategies.

The ways in which companies can recalibrate their talent strategy priorities to build a technology-first future and culture will be imperative to ensure competitiveness in this evolving market.

How Automation and Electric Vehicles Are Changing the Game
In a recent article from Infosys by Nitesh Bansal, Senior Vice President and Head of Manufacturing Practice notes that, “We’ve all heard Mary Barra, CEO, General Motors, repeatedly refer to how the automobile industry is changing more today than it has in five whole decades, as it awaits a revolution in personal transportation. The change this is bringing is not only fundamental but deep-rooted, caused by actors on the outside such as Tesla and Uber, slowly but surely making both driver and owner redundant with their autonomous vehicles and ride-sharing model. The impact is starting to show.”

Bansal continues his thoughts by noting, “As traditional automakers struggle to stay profitable in the short term, and alive in the long, we believe that automation – in each of the three most important entities in the ecosystem, namely manufacturers, financiers, and dealers – could provide the answers.”

In addition to automation, electric vehicles continue to impact the industry as well. According to this article by Charles Riley with CNN, “…dramatic declines in the price of batteries will allow leading automakers to sell fully electric vehicles for less than cars powered by gasoline and diesel as soon as 2022. Electric cars, they argue, are already gaining traction: As recently as 2010, annual sales were close to zero. “There’s just such an incredible amount of money being poured into electric cars,” said Al Bedwell, the director of global powertrain at LMC Automotive.” I’ve been looking at this industry for 20 years, and my real gut feeling is that it’s kind of unstoppable now.”

Learn more through this data chart by CNN:

These large shifts within the automotive industry have allowed Adecco to strategize and solve for future staffing needs. This includes filling new, niche roles such as Quality Techs and Engineers, Safety Managers, Line Supervisors, Designers, and many others that may have not existed previously, while also filling roles that have been around for decades.

Adecco’s Approach
Our team of experts is dedicated to staying “in the know” with the latest updates for automotive technology and trends. As another example, this study “The Green Economy” from our parent company, The Adecco Group, highlights discussions around transformative processes within the global automotive industry. Being at the intersection of fundamental societal and economic shifts and megatrends such as mobility, sustainability, interconnectivity, and AI, expectations about the innovative power of the automotive industry soar high. The Adecco team identified disruptive key industry trends that will drive change in the automotive industry in the decades to come, you can read more here.

As an organization, Adecco values the automotive industry and has the ability to rapidly source and hire candidates with the right experience, expertise, and passion, and place them directly to fill our customer’s needs. Learn more about our strategic solutions through this manufacturing case study as well as our entire resources section. Our teams at Adecco are ready to solve your specialized automotive needs.

temporary staffing agencies in phoenix, az

The post Staffing Trends within the Automotive Industry appeared first on Paragon Strategic Staffing.