New research shows 72% of employers redeployed up to half of their workforce due to the impact of COVID-19, yet 20% have not ramped up digital transformation
HOLMDEL, N.J. [Feb. 3, 2021] – More than 90% of employers report they are hiring for new roles this year, as they continue to respond, recover, and readapt in the new world of work. The overwhelming majority (97%) of employers are planning to invest in technology expansion to accommodate virtual hiring needs and reach evolving talent acquisition goals.
The 2021 Workforce Report highlights how businesses are responding to remote work and virtual hiring, accelerating digital transformation initiatives, enhancing team collaboration, and focusing on diversity, equity, and inclusion (DEI) programs. Top findings include:
The New World of Work in 2021
Trends Catalyzed by COVID-19
“The loss of jobs in 2020 was substantial, but we see many promising labor market trends in our platform as employers rebuild and transform the way we work,” said Steve Lucas, CEO of iCIMS. “The 2021 Workforce Report taps into emerging trends and provides business leaders with the data-fueled insights they need to inform smarter hiring and business decisions, spark innovation, develop a new standard for the workplace, and build a winning workforce for the future.”
The report brings together trends from the 332+ million global users of the iCIMS Talent Cloud with insights from a third-party survey of HR leaders to provide a comprehensive view of the labor market in 2020 and a forward-looking outlook. View the full report here.
To learn more about how these findings can drive business and hiring strategies, register for the free virtual roundtable discussion, moderated by Lydia Dishman, contributing reporter and editor at Fast Company.
iCIMS is the talent cloud company that empowers organizations to attract, engage, hire, and advance the right talent that builds a diverse, winning workforce. iCIMS accelerates transformation for a community of approximately 4,300 customers, including 40 percent of the Fortune 100.