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WORKFORCE HIRING
We just wrapped up the 2022 ISG HR Technology and Service Delivery study, and, while we are still analyzing the final results, we want to highlight a key finding on the subject of talent acquisition.
This year, talent, attrition and hiring have been key stories across nearly every industry, mostly driven by COVID and post-COVID macroeconomics. Nowhere is this more clear than the rapid expansion of work-from-home and work-from-anywhere (WFA) models. In theory, hiring without geographical limits should drastically increase the talent pool and even out geographically specific wage inflation. In other words, for roles where WFA is possible, it can improve hiring outcomes.
We tested this theory in our recent survey focused on large enterprises headquartered in North America (though many of them are global firms). What we found is that firms that support WFA are more than twice as likely to rate their talent acquisition as extremely effective as firms that don’t support WFA.
WFA is no panacea. Many roles remain in-person or cannot be performed across time zones. But for roles with flexible requirements, WFA improves talent acquisition.
DATA WATCH
About the authors
Alex Bakker
Stacey Cadigan
Stacey Cadigan is an HR thought leader who is passionate about HR and talent management. With more than 20 years in HR, she has leveraged her deep experience and expertise to help clients achieve their strategic, operational, and financial objectives. Through her diverse experience in HR strategy, HRO operations, RPO, HR technology, and transitions, she has developed unique insight and the ability to ask the right questions in assisting organizations with finding solutions to effectively align their HR initiatives with their vision. Stacey was named “HR Thought Leader of the Year” in 2016 and “HRO Superstar” by HRO Today Services and Technology Association for 2016–2019.
