The labor market has irreversibly changed in recent years. Companies face increasing competition, more specific requirements, and a growing number of positions that did not exist before. Our educational system is struggling to keep up with the real needs of the market, so during recruitment, there is an increasing emphasis on soft skills, the ability to learn, and adaptability to changes. This is why large projects sometimes require the creation of new educational pathways and the implementation of programs that will prepare the future workforce for upcoming demands.
Managers must stay up to date with changes, and more is expected from HR
New trends are shaping the career paths of managers today. Specialists, experts, managers, and executives are spending less time in the same position. They are trying to adapt to different conditions, processes, and technologies, as this is the only way to stay in tune with market demands. At the same time, teams are taking on more responsibility, becoming more innovative, and gaining greater expertise.
In this environment, HR's role in companies can no longer remain purely administrative. HR is expected to do much more, covering more complex business processes than ever before. In parallel, the HR services that organizations seek from external consultants have also transformed.
What are external HR consultants involved with today?
The best examples of comprehensive support are restructuring projects or expanding into new markets. In market expansion projects, the main need is support in hiring many specific and often highly qualified employees, but that’s not the only support companies seek. Sometimes, this involves hiring over a thousand employees within a year, raising questions such as: Who are these employees? Is this profile available in our market? How will the company attract them, and is there a plan for developing, educating, and retaining them? To answer these questions, companies often seek consulting and market research services, as they may not be familiar with laws, wages, or have access to benchmark data necessary to create a plan. The market is rapidly changing, so companies often seek long-term support from HR experts who will cover all required processes and adapt them to changing conditions. This is why SELECTIO Group offers connected services that provide a clear overview of what a company can offer on the labor market and what it can gain from it, considering market dynamics, industry specifics, and the desired employee profiles.
HR consultants working on these projects must have in-depth market knowledge and understand the specifics of nearly every industry. When large companies rely on external consultants, they expect strategic and partnership-based support.
How do large recruitment projects impact the labor market?
Some projects, like the entry of foreign companies into the local market, are so significant that they can change HR trends and influence the shaping, education, and development of future professionals in the country. Therefore, it is important that HR consultants can predict trends in different industries to offer organizations advice that goes beyond selecting the ideal candidate.
For instance, HR consultants at SELECTIO Group have insights and channels that enable them to thoroughly study the market, along with large databases of relevant contacts, allowing them to find candidates with specific qualities crucial for a particular position. Based on pre-gathered information, HR experts conduct in-depth interviews during the candidate search and check references. If necessary, they also conduct psychological testing, assessment centers, and various tools to evaluate leadership skills, personality, and motivation.
Is the role of internal HR changing?
Internal HR generalists play a significant role in setting up and maintaining HR systems that attract and retain talent. Internal HR must be a key partner in making the organization's development decisions.
Improving HR systems can often be a demanding and overwhelming experience, especially if building an HR system from scratch. Therefore, it is essential to structure HR processes well. To assess the maturity of an HR system, SELECTIO Group consultants use the well-known Employer Partner methodology. After completing a questionnaire, consultants evaluate the results and create a detailed report. Additionally, they provide benchmark data that serves as a comparison with other companies in the industry.
This certification process promotes excellent workplaces built on high-quality human resource management, and it’s known that a quality HR system strengthens corporate culture, which, in some companies, can lead to a 400% increase in revenue.
