Top 5 Hiring Trends to Watch in 2023
2023 is here and with it comes a lot of opportunities and a host of new recruitment trends that are sure to shape the recruitment and staffing market. To stay ahead of the curve, it is important to bring changes in your recruitment businesses according to these trends.
Now, before going ahead with recruitment trends that we are likely to see in 2023, We first need to understand “what are the factors that have led to these driving changes in the process of recruitment”.
Two major key factors : –
- Global social and economic climate– This has kept the world in their grip. As we are still experiencing the effects of COVID-19 Pandemic, whether it’s a supply chain issue or overburden on the healthcare industry or the struggle of employers to get the employees back to the office, we can very well see the effects on all these issues. With rising prices, inflation is hitting the economy. We are going to see a recession in 2023. Hiring freezes, mass lay-offs and uncertainty.
- The entrance of Gen Z and the exit of boomers– In the market, we are witnessing a huge generational shift. With the entrance of gen Z, they bring a unique set of skills which has a great impact on the recruitment industry.
They are the fully digital generation, growing up in society which is well connected through technology.
Now, let’s talk about the top Hiring Trends to Watch in 2023
Hiring Trends to Watch in 2023
- Remote/ Hybrid work–
With the increase in this work trend, we will be able to witness improved work life balance, more efficient use of time, control over work hours or work location, higher productivity, retain existing talents and burnout mitigation.
- Importance of AI and automation –
This is the most important and upcoming trend. It saves time and money by automating and optimising routine processes and tasks. It increases productivity and operational efficiencies. It helps in making faster business decisions based on output from these technologies.
- Employee well-being and mental health checks –
After Pandemic effects, focus on well-being and health will always be on top priority. In 2022, we saw implementing and evaluating mental health policies and there will be a rise in 2023 to work and pay more attention towards these aspects.
- Data-driven strategy –
It gives HR professionals, a power to identify and quickly make, evidence based business decisions to drive agility and more productivity. It will also help them to understand the needs and provide improved services to all business functions.
- Employer branding –
It is basically the way the organisation differentiate themselves from others, enabling them to attract, retain, recruit and engage the right people. A strong employer brand helps businesses to go for the best talent and establish credibility.
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As the industry changes, it is important to stay up to date with the latest trends and how they will impact your organisation. By understanding these trends and how they will impact hiring and recruitment, you can be sure that you are hiring the best talent for your organisation and keeping your employees happy and engaged.
Hope you find this blog post helpful. Good luck!