For the longest time, colleges and universities didn’t struggle to build their higher ed workforce. This mission-driven sector attracted like-minded individuals who shared a passion for academia and a desire to inspire positive change with their work. Additionally, tenured positions came with long-term research opportunities, offering more job security than other industries. However, these circumstances have recently changed.
The COVID-19 recession forced post-secondary institutions to lay off employees as a cost measure. A section of employees also left on their own volition, citing stress, burnout, and health and safety concerns.
But even with the situation stabilizing and colleges lifting recruitment freezes, institutions couldn’t meet their higher ed workforce needs. A 2022 survey by the Chronicle of Higher Education suggests that 84% of colleges and universities struggled to fill staff and administrative positions the previous year. Moreover, 79% of institutions reported more job vacancies than in the past year, with positions taking longer to fill than before the pandemic.
Per The CUPA-HR 2022 Higher Education Employee Retention Survey, 57% of higher education employees were likely to seek better-paying jobs. Baby boomers, who constitute a large percentage of the higher ed workforce, are also set to retire in the near future, worsening the staffing crisis. That’s not to mention the competition from the private sector which offers attractive salaries and perks.
Higher education salaries may not match other sectors, but institutions can still attract candidates with the following offerings.
According to The Chronicle of Higher Education, 64% of institutions offer hybrid arrangements to support both virtual and in-person working. By creating time for childcare and other personal responsibilities, a hybrid culture improves work-life balance for a happier workforce. Employees can also customize their workspace to reduce distractions and maximize comfort and productivity.
Here’s how to optimize hybrid working:
An institution’s retention rates depend on its responsiveness to workforce demands. For instance, colleges can offer tuition reimbursement, retention bonuses, professional development opportunities, and other perks to boost employee morale.
Staff involvement also matters—this is when employees have a say in work-related decisions.
It sheds light on employee needs and how institutions can improve the well-being of their workforce. You can engage employees during meetings or use surveys, feedback management platforms, and suggestion boxes to gather employee views.
Succession planning improves the internal capacity to fill vacant positions when they arise. However, more younger people are avoiding higher ed careers—according to CUPA-HR, 3 out of 10 employees in colleges and universities are 55 years and above. In the coming years, these employees will hit retirement age, leaving institutions with all the knowledge they acquired throughout their careers.
Although you can search externally for qualified candidates, you preserve more of the institution’s culture when older employees train the younger generation. Succession planning is also cost-effective since you don’t depend on external training resources.
The following staffing practices give you an edge in the recruitment market.
Another benefit is financial performance. According to a past McKinsey study, gender-diverse management teams have a greater chance of generating above-average profits. There are several ways to build an inclusive workforce. For starters, maintain a diverse recruitment panel, training interviewers to identify their personal biases.
You should also share your diversity and inclusion efforts with the public, being transparent about your goals and progress to ensure accountability. This is in addition to streamlining feedback channels and enforcing anti-harassment policies to build trust among existing and potential employees.
These communities nurture professionals with common interests and skills for your institution’s ongoing talent needs. You can tailor talent communities to specific disciplines for faster recruitment and better targeting. Here’s how institutions can benefit from talent communities:
We offer contingent workforce management solutions for all your needs, from specialized skills to diversity initiatives and customized talent communities. Solve your higher ed workforce dilemma once and for all. Contact nextSource today to streamline your recruitment processes and gain insights into the management of external workforces.