If we sat down and started to list out who has been most impacted by the pandemic on the jobs front, we would come up with a pretty interesting list! The vast number of unemployed would show us that almost everyone has been impacted, and, quite frankly, it kind of feels that way.
If we dig into the data side of what has really happened over the last six months, the picture looks less bleak for some, and a little scary for many, especially us HR pros. Appcast, a job advertising programmatic technology company, released its 2020 Midyear Recruitment Marketing Benchmark Report recently that looks at all the activity around jobs. Stuff like which jobs are getting the most applies. What kind of jobs is being posted? Etc.
When we look at the macro-world of jobs, we begin to see some super exciting things around the winners and losers, in the job market, at this point in the pandemic. Some of the outcomes are certainly understandable. In healthcare, for instance, the number one job being posted is for epidemiologists. Okay, that makes complete sense! In the middle of a pandemic, we need more Epidemiologists to help us stop the spread.
One big thing that popped out at me instantly was the job function that had the greatest change in the rate of applies. Meaning, more people in this job function, started looking for a new job. Can you guess what job that would be!? Yeah, it was HR! An increase of 24.5% from Q1 2020 to Q2 2020.
Are you surprised by this? Why would HR, out of all jobs, be the one that is out looking at a higher rate than everyone else?
The reality is, and we saw this during the Great Recession as well. HR pros are often the first to be cut during poor economic times. After all the work, after all the words from the c-suite, after all the studies about the importance HR has on the success of organizations, we (HR Pros) are still one of the first to be cut when money gets tight.
Why does HR get cut first?
Over the next 12-36 months, most economist believes we’ll be in a tough job market. Pandemic hangover, the election, and an economy that was due for a pullback after a decade of expansion, HR jobs will be tough to come by for a while.
HR leaders and pros don’t lose their jobs if they clearly bring value to the organization. Our c-suite executives who are making these calls probably see value creation and sustainability by HR differently than HR sees itself.
We know, with the HR function, far too many of our peers are still too transactional in what they do. Of course, every function will always have a certain amount of work that is transactional, but in hard times, transactional work is the first to go. If you haven’t proven yourself to be strategic, and demonstrate what you’ll add value and increase productivity within the organization, you will always be a target to get cut.
HR is getting cut because too many of us still struggle to show organizations how great people practices drive the world’s most productive and profitable organizations.
The good news is we control this, and we can educate ourselves and prepare ourselves to be value-adders to any organization, no matter the industry or location.
I love the new SHRM Specialty Credential that focuses on Inclusive Workplace Culture. Think about where organizations are right now in the middle of the pandemic and all the energy around social justice. Organizations need HR pros who are going to drive change and make positive business results. Specialty Credentials educate HR pros faster than anything else on the market.
The HR Job market is not going to get easier anytime soon, and the best way to protect your career or put yourself in a competitive advantage over other job seekers, if to have skills and knowledge they don’t. We all make investments on ourselves. Some of those are health investments, or for our family, some are for our careers. The time to make those investments are when the world is changing the most.