LOOKING AHEADWorkforce Trends for 2017

Major Trends in Building Talented Teams

• Culture is Key

• Blended Workforce

• Big Data Drives Everything

• Contingent Workforce

• Technology & Automation

Success: Culture is Key

A recent executive study1 found that nearly75% of respondents say culture is core to the success

of organizational financial performance

• 73% of respondents said their No. 1 driver at work was doing a job that had meaning and purpose

• 86% of business leaders rate “culture” as one of the more urgent talent issues• Only 14% understand what the “right culture” really is, according to

Deloitte Human Capital Trends 2

Post Recession: Culture is Key

3

Culture is Key

• Workplace / Organizational Culture

• Reorganize Your Org Chart

• Candidate Experience

• Employee Experience

• Employer Brand

Build and Measure Your Employer Brand

Glassdoor.com & LinkedIn.com. LinkedIn Interest Groups and Company Alumni Groups

From LinkedIn Recruiter Trends 20174

Blended Workforce

• Multiple Meanings

• Traditional Diversity

• Contract / Freelance with Full-Time Employees

• Multi-Generational• Boomer• X, Y & now Z

Generations

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Big Data Drives Everything• Key Metrics• Real-Time Feedback and Analytics

• Survey Tools, Activity Streams, Feedback Apps, etc.• People Analytics• Advanced & Predictive Analytics

• Bersin by Deloitte research shows the stock prices of organizations with high-impact talent analytics outperformed peers by 30% over 3 years 6

• 2x more likely to improve their recruiting efforts• 2.5x more likely to improve talent mobility• 3x more likely to realize cost reductions

Advanced Talent Management

7

Talent Shift: Contingent Workforce

• Multiple studies from Intuit to The Freelancers Union predict that at least 40% of the U.S. workforce will be freelancers in the next few years 8

• Ardent Partners research finds that by the end of 2017, contingent workers will comprise 45% of the world’s total workforce 9

Market Conditions Demand Change• Low Unemployment Rate:

U.S. is basically at full employment

• 48% of employers are unable to fill their job vacancies because of the skills gap and high attrition rates, according to Forbes 10

• Job openings increased faster than hires since 2009

Job Openings Outpace Position Hiring Rate

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How to Recruit Talent as the World of Work Shifts

• Culture is Key

• Employer Brand

• Social Networks

• Candidate Experience

• Build a Talent Pipeline Using All

Available Tools

• Partner with a Recruiting Firm

Source: The New Talent Landscape: Recruiting Difficulty and Skills Shortages (SHRM, 2016) 13

How to Retain Talent in the New Dynamic Environment

• Culture is Key

• Employee Engagement

• Ongoing Performance Reviews

• Gamification

• Training & Development

• Coaching/Mentoring

What the Market Says

“On-trend companies and leaders know that professional and personal growth are inextricably linked. In 2017, we’ll see more and more companies that provide personal and professional development as a core part of their offering to employees. It’s going to be hard to hire without sufficient

training budgets and sophisticated training programs—the building blocks that will help individual employees grow

inside and outside the office.”

Sean Kelly, CEO and co-founderSnackNation 14

What Experts are Saying

“In the current competitive market for talent, companies are investing more in marketing and branding solutions that helps them stand out versus other employers. Industry

leaders like TheMuse and Glassdoor are changing the way candidates prepare and do their diligence on prospective

employers, so branding & culture has become a major focus in the industry.”

Jordan Wan, CEOCloserIQ 15

What Subject Matter Experts are Saying

“The most relevant recruiting trend will be the usage of AI and continued focus on candidate engagement.”

Dean Da CostaSP, TSIS, STL, Strategic Search Technologist

Lockheed Martin 16

Executive Recruiting Perspective:What We See

1. Candidates expect a streamlined and

responsive process

2. Your employer brand is a key selling point

3. Talent analytics are increasing

4. Candidates looking for increased flexibility

5. Clients are focusing on passive candidates

Building Towards 2020:Reconstitute Talent Management

• EVOLVE: Embrace Evolution

• ASSESS: Conduct ongoing self-assessments

• TECH: New generation and technologies will

transform the workplace

• ENVIRONMENT: Create an awesome workplace

• ACTIVELY LEAD: Engage leadership

THE MCCORMICK GROUPwww.mccormickgroup.com(703) 841-1700Arlington, VA

References1 Korn Ferry, Futurestep Division. (2016, December 13). Korn Ferry Futurestep Makes 2017 Talent Trend Predictions (Press release). Retrieved from http://www.kornferry.com/press/korn-ferry-futurestep-makes-2017-talent-trend-predictions/2 Deloitte University Press. (2016). Global Human Capital Trends 2016 (Rep.). Retrieved from https://www2.deloitte.com/us/en/pages/human-capital/articles/introduction-human-capital-trends.html3 Bersin by Deloitte. (2013, October 7). Predictions for 2017: Everything is Becoming Digital (Rep.). Retrieved from https://www.bersin.com/Practice/Detail.aspx?id=204544 LinkedIn Talent Solutions. (2016, October 3). U.S. and Canada Recruiting Trends 2017 (Rep.). Retrieved from https://business.linkedin.com/talent-solutions/recruiting-tips/us-and-canada-recruiting-trends-20175 Pew Research Center. (2016, October 6). The State of American Jobs (Rep.). Retrieved from http://www.pewsocialtrends.org/2016/10/06/1-changes-in-the-american-workplace/

References6 Bersin by Deloitte. (2013, October 7). Predictions for 2017: Everything is Becoming Digital (Rep.). Retrieved from https://www.bersin.com/Practice/Detail.aspx?id=204547 Bersin by Deloitte. (2013, October 7). Predictions for 2017: Everything is Becoming Digital (Rep.). Retrieved from https://www.bersin.com/Practice/Detail.aspx?id=204548 Intuit Inc. and Emergent Research. (2010 October). Intuit 2020 Report: Twenty Trends That Will Shape the Next Decade (Rep.). Retrieved from http://about.intuit.com/futureofsmallbusiness/9 Dwyer, C. J. (2014, October). The State of Contingent Workforce Management 2014-2015 (Rep.). Retrieved from https://www.beeline.com/resources/2014-2015-state-of-the-contingent-workforce-report/10 Schawbel, D. (2016, November 12). 10 Workplace Trends You'll See In 2017. Retrieved from http://www.forbes.com/sites/danschawbel/2016/11/01/workplace-trends-2017/#700bc2aa3457

References11 Bunker, N. (2016, June 13). The open questions about the rise of U.S. job openings. Retrieved from http://equitablegrowth.org/equitablog/open-questions-rise-of-us-job-openings/12 CareerBuilder. (2017, January 6). Forty Percent of Employers Plan to Hire Full-Time, Permanent Employees in 2017, CareerBuilder’s Annual Job Forecast Finds (Press release). Retrieved from http://www.careerbuilder.com/share/aboutus/pressreleasesdetail.aspx?ed=12%2F31%2F2017&id=pr983&sd=1%2F6%2F201713 Society for Human Resource Management. (2016, June 21). The New Talent Landscape: Recruiting Difficulty and Skills Shortages (Rep.). Retrieved from https://www.shrm.org/hr-today/trends-and-forecasting/research-and-surveys/pages/talent-landscape.aspx14, 15, 16 Johnson, K.L. (2016, December 16). 55 Talent Acquisition Experts on Top Recruiting Trends for 2017. Retrieved from http://blog.jobs2careers.com/55-talent-acquisition-experts-top-recruiting-trends-2017/