The report suggests employers should support work-life balance to attract prospective employees and retain and boost productivity from existing employees.
“The relationship between employers and employees is evolving,” Adam Gregory, LinkedIn’s senior director of talent solutions in Asia-Pacific, said.
“Professionals want more transparency, more accountability, and more trust. Conversely, employees also need more from employees – not only their technical skills, but their ability to think creatively, collaborate effectively, and adapt quickly.”
Leaders need to ensure they are open to their employees’ different lifestyles and priorities in order to promote a diverse range of talent, the report suggests.
Additionally, half of those surveyed for the report said pay transparency is very important to the future of recruiting. LinkedIn pointed out that the rate of sharing of content about pay transparency on its own platform has increased 136 per cent since 2014.
This is one place where many businesses fail, according to the report, since over half of the survey respondents said their company wasn’t transparent on pay issues and was unlikely to start.
While the report found that companies tend to fear that pay transparency will lead to disputes, it could make the hiring process more seamless, with 55 per cent of professionals believing it streamlines negotiation.
Another area that professionals believe requires attention is anti-harassment policies. LinkedIn data shows there has been a 71 per cent year-on-year increase in workplace harassment content being shared on its platform.
“Our report shows that while the vast majority of talent professionals think their company is doing something about harassment, employers have not yet made a great deal of headway when it comes to larger systemic changes, such as increasing their gender diversity or revamping their investigative procedures,” Gregory said.
“However, with over three quarters of Australian talent professionals saying anti-harassment is very important to the future of recruiting and HR, we expect this to change dramatically over the year ahead.”
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