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4 Trends Changing the Way You Hire and Retain Talent in 2020

Source | | Mark Lobosco

If ever a year demanded acute vision, it’s this one, 2020.

This year will call for the kind of vision that allows talent professionals to see beyond the horizon, look around corners, and spot things the competition is missing. It’s a tall order, but you can do it (you already do) and we can help. 

We pulled out our microscopes, telescopes, and periscopes to see what the issues and challenges will be that most impact your work moving forward. The result? LinkedIn’s blockbuster new Global Talent Trends 2020 report, which sees these four ideas reshaping the way you’ll be attracting and retaining talent in the coming years: the emergence of employee experience, the spread of people analytics, the return of internal recruiting, and the ascent of the multigenerational workforce.

Bar graph from the Global Talent Trends 2020 report:    Title: Trends to watch in 2020 / Percentage of talent professionals who agree these trends are very important to the future of recruiting and HR.    Employee experience: 94% People analytics: 85% Internal recruiting: 82% Multigenerational workforce: 74%

These four trends do not displace other significant currents, such as the rise of AI, the importance of diversity and inclusion, or the critical need for soft skills, that have been looked at in earlier versions of our annual report. Instead, this year’s roundup points to the way these newer trends will interplay with the older ones, fine-tuning them in some cases and transforming them in others. As well, this year’s trends are all defined in some measure by their demand for empathy — the ability to understand and share the feelings of others.

The report highlights fresh research from a global survey of 7,000 talent professionals and billions of data points on LinkedIn, plus perspectives from industry leaders and lessons from companies, such as AT&T, McKinsey, and Estée Lauder, that have anticipated these trends.

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