What can businesses do to give themselves an edge?

Finally, the pandemic has opened the doors to fully remote and hybrid arrangements that expand the field of potential employers for skilled workers. This, at least, is a two-edged blade as some companies will benefit from the new pool of remote workers.

Read more of Econsultancy’s 2022 predictions and trends analysis

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1. Apply agile practices to hiring

Hiring top talent is hard enough without having to deal with internal inefficiencies.

There has been a movement in recent years to bring agile thinking to the HR function but hiring has been resistant to change. That’s understandable since it involves multiple internal stakeholders and is a high-stakes part of how the organization invests in the future, but a cumbersome workflow has a direct, negative impact on success.

Given today’s competition for digital talent, prospective employees are evaluating multiple opportunities. How quickly and easily a business communicates with them and provides tangible next steps is a powerful clue about its culture.

The essential goal is to speed the process and reduce friction for the hiring manager and prospective hire.

Applying Agile to hiring has a number of best practices, including breaking it into sprints, simplifying definitions and squeezing as much bureaucracy out of the process as possible.