Shifting Priorities: How Companies Are Navigating the Post-2020 Hiring Landscape
23 Dec 2022
The ability to attract and retain quality talent is typically the key determinant behind a company’s current and future success. While the COVID-19 pandemic hasn’t changed this, it has shifted the overall talent landscape, forcing employers to evaluate new talent geographies in different ways. This piece explores the various talent-related factors employers are using to determine where to hire and how their prioritization of these factors continues to change.
New hiring locations are typically assessed based on three broad categories: talent supply (including quality), talent cost, and talent demand. These factors still drive most talent-based location selections, but the priority placed on each has changed as a result of the constricted talent environment, accelerated by the pandemic, that has employees decidedly in the driver’s seat across most occupations and industry sectors.