This month's Power of Talent newsletter includes a fascinating feature article, Blog of the Month and upcoming events you won't want to miss.
The Power of Talent
Issue: 8
January 2017

Happy New Year! As 2017 rolls in with a bang, we wanted to share the results of our recent research on hiring trends. 

Similarly to last year, hiring trends remain positive, and the labor market in the U.S. continues to look tight for talent. As 10,000 Americans turn 65 every day, a rate that's on track to continue for the next 14 years, attracting and retaining top talent will continue to put pressure on organizations to differentiate themselves, creating a competitive advantage so they can win the war for talent. 

The good news is job tenures are getting longer; the Pew Research Center indicates they have ticked upwards in the last 20 years. 
  • In 1996, less than half (46%) of workers had worked for their current employer five years or more 
  • In 2014, more than half (51%) of workers had worked for their current employer five or more 
The Pew survey also reports interpersonal skills, critical thinking, and proficiency in writing and communication are rated the most important skills for employees doing their jobs, as well as being able to work with people from different backgrounds. Coupled with 88% of employed Americans reporting it's not likely they will be laid off in the next 12 months, training and coaching continues to be a priority this year. 

It is evident that employers are investing in employees. At Torchiana, we have experienced a 100% growth in our leadership practice, which includes executive coaching, leadership programs and manager training. As you look at what's next for your organization, please give us a call to discuss ideas for attracting and retaining top talent in this competitive market.

All the Best, 
Kristi Rocha & Lynne Saiz
Global Hiring Trends, 2017: Positive, Competitive And Evolving

As we move into 2017, global research indicates employer budgets and hiring trends remain broadly positive. With sources such as ERE Media reporting a tight labor market in the U.S., along with decreased employee tenure and an increased blended workforce of employees/freelancers, the methods for attracting and retaining top talent for brand differentiation and competitive advantage need to continue evolving. 

According to LinkedIn Talent Solutions, estimated budgets and hiring projections by country are as follows:

While budgets for the year continue with traditional allocations, social referrals and online sources continue to build on their dominant positions. Roles such as Sales/Business Development, Operations, Engineering and Information Technology are most in demand, but our data-driven and security-conscious world will increase demand for roles such as Data Scientists and Cybersecurity specialists. 

In 2017, we will see companies put a higher priority on finding more diverse candidates (37%), improving soft skill assessments (35%) and implementing innovative interviewing tools (34%). We also concur with the best practices for hiring and retention trends for 2017 from Forbes' Dan Schwabel
  1. Improved Candidate, Employee Experiences 
  2. The Rise Of The Blended Workforce 
  3. Reviews Evolve From Annual To Continuous 
  4. Millennials Meet Gen Z  
  5. Augmented, Virtual Reality Revolutionize Recruiting and Training 
  6. The War For Talent Heats Up 
  7. Performance Evolves From Individual To Team 
  8. Workplace Wellness A Critical Benefit For Attracting Talent 
  9. Employee Benefits/Perks Get Creative 
  10. Workplace Attire, Culture Become More Casual 

At Career Partners International, we will continue to bring you the best global trends and best practices in 2017, keeping you informed through our blog, LinkedIn, Twitter and Facebook accounts and our RSS feed. Contact us today to discuss your needs at 1.800.686.5999 or through our website.

Upcoming Events

HR ORGANIZATIONAL STRUCTURE: Inhibitor or Enabler of Innovation? 
Date: February 8, 2017 at 5:30pm 
Location: Garden Court Hotel HRCI 
Credits: 1.50 

Bay Area Human Resource Executives Council 
Conscious Hiring: Predicting Top Performers Before You Hire 
Date: February 15, 2017, 5:30pm - 8:00pm 
Location: TBD 

Women in Bio 
Speed Networking 
Date: February 16th, 2017, 5:30 pm-7:30 pm  
Location: BD Biosciences, 2222 Qume Drive, San Jose 

Business Women of Silicon Valley
Self-Awareness The First Step in Owning Your Impact on Others
Date: February 17, 2017 10:30am-1:30 pm
Location: Maggiano's Santana Row, San Jose

HR Strategy Forum 
Workforce Trends: Capacity, Agility and Speed (NorCal) 
Date: March 21, 2017 8:00-11:30am 
Location: Sunnyvale 
About Torchiana Mastrov & Sapiro

Established in 1980, Torchiana is the Bay Area's most experienced independent career management firm. Our staff of professionals have expertise in all facets of leadership development, executive coaching, career management and career transition/outplacement services. We have established strategic alliances with select organizations to fulfill additional human capital and business needs. 

We firmly believe that your people are your most valuable asset. Our offices in San Francisco, San Ramon and Santa Clara provide service to more than 300 companies and we deliver our services worldwide through Career Partners International (CPI).
San Francisco & East Bay
Kristi Rocha  | VP, Client Services 
50 California Street, Suite 1500, San Francisco, CA 94111
2603 Camino Ramon, Ste. 200, San Ramon, CA 94583
Silicon Valley & Peninsula
Lynne Saiz  VP, Client Services 
5201 Great America PKWY, Suite 320, Santa Clara, CA 95054