Revealed: Top talent trends for 2020

(2 minutes to read)

Guidant Global: ‘As we hurl headlong into a new decade, the intertwining forces of technology, economics, politics and shifting demographics will usher in a host of new opportunities, and challenges, for businesses to grasp’.

In an analysis of the recruitment market for 2020, predictions for trends poised to shake up the global talent market have been announced.

Guidant Global has stated that the ‘rise of millennials and Gen Z’, ‘increase in remote work and permanent flexibility’ and the ability to ‘harness tech strategically’ will be significant factors impacting skills and hiring over the coming year.

According to the report, millennials and Gen Z form one-third of the workforce with both generations expected to make up the majority of the average workplace as the decade progresses. With these two groups being digital natives and placing greater value on flexibility above traditional perks like pay, businesses must foster cultures that meet the needs of this workforce to attract the best talent and tackle high turnover.

This has also impacted the rise of remote work and permanent flexibility. According to Global Workplace Analytics, since 2005, the number of people who work from home has increased by 140% — and this figure is set to soar even higher in the 2020s.

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Sixteen per cent of companies already hire exclusively remote workers. Meanwhile, Upwork predicts that by 2028, 73% of all companies will hire remote workers. In the 2020s, flexibility will become the new norm.

Simon Blockley, CEO at Guidant Global, said, “As we hurl headlong into a new decade, the intertwining forces of technology, economics, politics and shifting demographics will usher in a host of new opportunities, and challenges, for businesses to grasp.

“More than ever before, firms must adapt and remain agile to attract talent in uncertain markets. With tech expanding at a rate that feels almost impossible to keep up with, HR and talent acquisition professionals need to harness the latest technologies and anticipate the next major talent and HR trends lurking around the corner.

“In addition, with millennials and Gen Z already making up a sizeable one-third of the workforce, it’s vital that their needs are considered, met and planned for, in order to ensure that businesses are building workforces in a better way.”

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Why Dolan Accountancy?

Dolan Accountancy was set up by Simon J Dolan, the man behind the well-known brand SJD Accountancy. With over 25 years experience in the contracting marketing, Dolan Accountancy has the heritage, reputation and credibility you can trust. Working closely with our sister company, Contractor Umbrella, it means we can offer one low cost, fixed fee package at £95 + VAT per month. This gives you the flexibility of using both our Limited Company Accountancy Services and our award winning Umbrella Service, for one inclusive cost. We don’t believe in tiered packages or hidden extra fees, instead we aim to give you everything you need, including:

  • Free Company Formation – This is where it all begins. Once you have decided on an available name, we will form your company free of charge (if using our accountancy services) and it will be ready for you to use in as little as three hours.
  • Free use of Contractor Umbrella – With changes in Public Sector IR35 Legislation we understand that sometimes you are required to contract via an umbrella company. We will keep your limited company ticking over, while you work margin free via our sister company, Contractor Umbrella.
  • A Dedicated Accountant – Your accountant will be there for any company or personal tax advice that you require. We will never outsource work, even to internal teams.
  • Free Access to FreeAgent – The founder behind the multi award winning FreeAgent platform was one of Simon’s first clients, therefore it only seems fitting that we offer all of our clients access to FreeAgent, free of charge.
  • Free Business Banking – We have decided to waive our commission so our clients can use Tide free of charge for the first year.
  • Unlimited IR35 Status Reviews – We will review all of your contracts for IR35 purposes and provide you with our professional opinion as to its status.
  • Free Registered and Director’s Service Office Address – Sometimes you just don’t want your home address on display at Companies House. When you sign up to our accountancy services, we will offer the use of our address as an alternative.
  • Your Business and Personal Taxation Needs – This includes Company Accounts, Director’s Personal Tax Return, VAT Returns, Payroll, Corporation Tax and Dividend advice, to name just a few.
  • Same day payments- We offer same day payments as standard providing funds are received into our account by 9am, for no additional fee.

If you’d like to find out more about how Dolan Accountancy can help you and your business, please give us a call on 01442 795100 or email or