SUMMARY
McKinsey found that companies with diverse executive teams are 25% more likely to achieve above-average profitability.
World Economic Forum predicts 50% of all employees will need reskilling by 2025
By 2030, AI could add $15.7 Tn to the global economy, reshaping the job market
In today’s competitive job market, employer branding is critical. According to LinkedIn, 72% of global recruiting leaders see its significant impact on hiring costs and time to hire. As we look ahead, upcoming trends will reshape how companies project a resilient employer brand to stay relevant to the evolving workforce.
Trend 1: Championing Diversity, The Key To Innovation And Profitability
McKinsey found that companies with diverse executive teams are 25% more likely to achieve above-average profitability. Google and Microsoft are boosting underrepresented group representation; Google’s 2023 diversity report shows 48.5% of new hires were from these groups, enhancing their employer brands and fostering innovation.
Trend 2: Remote Revolution, Embracing Hybrid Work Models
A Gallup poll found that 45% of full-time employees worked from home either all or part of the time in 2023. The COVID-19 pandemic sped up remote work adoption, a trend now entrenched.
Companies are enhancing remote infrastructures and flexible policies to attract talent. Salesforce, for instance, embraces a hybrid work model, offering choices between home, office, or a mix to enhance satisfaction, productivity and widen the talent pool.
Trend 3: Prioritising Wellness, The Rise Of Employee Mental Health Support
A 2023 NIMHANS report found 43% of Indian employees face significant work-related stress, underscoring the need for mental health support. Employee well-being is now crucial for employer branding.
LinkedIn’s mental health initiative provides resources, flexible schedules and paid mental health days, enhancing its reputation as a supportive employer.
Trend 4: Going Green, Sustainability as a Workforce Magnet
According to Deloitte, 42% of millennials choose employers based on societal impact and 44% align their work with personal ethics. Tata Group exemplifies this with initiatives in clean water, education and healthcare, ingrained in its corporate ethos. This resonates with environmentally-conscious Gen Z employees and consumers, reinforcing Tata’s reputation for prioritising sustainability.
Trend 5: AI-Powered HR, The Future of Recruitment and Engagement
By 2030, AI could add $15.7 Tn to the global economy, reshaping the job market. AI and analytics transform HR, making recruitment more efficient, less biased, and improving candidate experiences.
Unilever uses AI for hiring through games and video interviews, cutting time by 75% and boosting satisfaction with faster, engaging feedback.
Trend 6: Radical Transparency, Building Trust Through Authentic Employer Branding
Glassdoor says 79% of job seekers consider a company’s mission and purpose before applying. Zomato practices radical transparency by publishing both successes and challenges through CEO messages on LinkedIn or career blogs thus enhancing their reputation and appeal in the talent market.
Trend 7: Learning For Life, The Importance Of Upskilling In A Rapidly Evolving Market
World Economic Forum predicts 50% of all employees will need reskilling by 2025. Amazon’s “Upskilling 2025” initiative aims to upskill 100,000 employees through training programs in cloud computing, machine learning, and software engineering.
This program enhances Amazon’s employer brand by demonstrating a commitment to employee growth and future-proofing its workforce.
Trend 8: Embracing Generational Diversity, Integrating Gen Z, Gen Alpha, And A Multigenerational Workforce
By 2025, Gen Z will make up 27% of the global workforce. The workforce of the next decade will be more diverse in terms of age than ever before, with Baby Boomers, Gen X, Millennials, Gen Z and the emerging Gen Alpha all working side by side.
PwC’s “New world. New skills.” initiative focuses on upskilling employees of all ages, ensuring that everyone from seasoned professionals to new graduates can thrive in a rapidly changing digital landscape.
Trend 9: Global EVP And Local Execution- Balancing Consistency And Customisation
A Universum study showed 82% of talent leaders believe a strong Employer Value Proposition (EVP) is essential to attract and retain talent. However, a one-size-fits-all approach doesn’t work globally.
Nestlé focuses on improving livelihoods in local farming communities to appeal to Indian talent wanting to make a difference. While in Middle East, Nestlé tailors its employer branding to promoting women’s empowerment and entrepreneurship through programs like the Nestlé MENA Youth Initiative and offers flexible hours during Ramadan.
These targeted strategies demonstrate Nestlé’s ability to be a globally attractive employer.
