Recruitment is a crucial part of any business. It can make or break it. As a hiring manager, you have one job - to make sure that the most qualified candidates get hired in the first instance and are retained for a long time. I understand how hard it can be to keep up with the hiring trends. Well, the good news is that you don’t have to be tech-savvy to keep up with the latest hiring trends. Preparation is all you need.
The 3 big shifts that happened in the recruitment industry
Let’s take a trip down memory lane. Here are the 3 major shifts that shook the job market.
1. The great resignation / the big quit /the big reshuffle
This hiring trend hit the airwaves in 2021 during the COVID-19 pandemic when most employees resigned from their jobs across the globe. The most cited reasons for the great resignation included:
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Hostile work environments
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No opportunities for career advancement
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Job dissatisfaction
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Inflexible remote-work policies
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Wage stagnation coupled with the high cost of living
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No benefits
Employees across the globe caught wind of this trend after the pandemic. It focused on only tackling the job tasks within the scope of the employment contract and not going above and beyond for your job. Many employers might have seen this as underperforming but this was far from the case. Quiet quitting was simply the result of employees feeling overworked, which led to increased disengagement at work.
The Covid-19 pandemic shook the whole world across all industries. There were so many adjustments that had to be made immediately, and this kicked off the flexible working trend. The trend gave rise to remote working and trusting competent candidates across the globe to perform in their roles even when they aren’t in the office. Some companies have never stepped away from this trend to date and the companies that couldn’t adjust recorded major losses.
6 hiring trends you must know in 2023
Automated hiring processes and increased use of Artificial Intelligence
Technology and the hiring process are strongly linked. When technology advances, so do the hiring process. Incorporating Artificial intelligence is a hiring trend that you should welcome with open arms in 2023. It will help save time, resources, and effort in the hiring process.
Some people might argue that the AI hiring trend will affect the humanness of the process. However, AI is something that will still most likely pick up in 2023, especially for businesses that are looking to reduce the costs, time, and effort of hiring.
Reputation and branding
The hiring process has a lot to do with marketing the company to qualified job applicants. The hiring process is no longer about just sitting and waiting for candidates to drop onto your lap. You have to work for it.
How do you do this? By ensuring that your business or company has a good reputation or branding that markets it to qualified job applicants.
If you are struggling with marketing your company, you will most likely not attract the talent that you want. A strong brand is an added advantage against your competitors. Your company needs to be reputable, align with the goals, and core values of your applicants, and offer benefits.
The current workforce is mostly made up of millennials and Gen Z, who are less tolerant of toxic workplaces and pay close attention to the reputation of your company. One wrong review or HR mishap will send them running in a different direction when they see your job offers. Therefore, with this hiring trend, companies need to focus on social media branding, building their reputation, and showing their office culture and benefits on their social media platforms.
The hybrid/remote work model
The aftermath of the Covid-19 pandemic has left most companies struggling to keep up with the current hiring trends. The world moved from a normal office work environment to a remote working model. Some companies have made it out alive and are thriving with this new approach, while others couldn’t bear the shift and had to shut down indefinitely. Now that the world is getting back to what it was, some companies are thinking about shifting to a work-from-home model permanently.
When you hire the right talent, you don't have to keep micromanaging them. All you have to do is sit back and let your business flourish in their hands, and this hiring trend is something to watch out for in 2023.
Inclusion, equity, and diversity
Everyone dreams of having a culturally diverse workplace because of the creativity, innovation, and profitability that it can bring. However, hiring managers have not been able to track the metrics of diversity over the years. In recent years, this hiring trend has started to blow up. With more companies asking their job applicants to specify their gender and ethnicity. Others even go as far as requesting job applicants to specify their pronouns. In 2023, there is a likelihood that the inclusion and diversity hiring trend will become even bigger than it was in 2022.
E-presenteeism
This hiring trend started when employees who work from home felt like they needed to be more available and stay online for more hours than their recommended working hours. The employees feel that working from home is a privilege and so they have to be available all the time to keep their job. Sadly, as much as this hiring trend is becoming common, it will most likely lead to depression and burnout.
Therefore, as a hiring manager recruiting remote employees, you need to ensure that they are aware of the terms of their work hours. Additionally, create a working system that reduces overworking and their risk of becoming overwhelmed.
Data-driven strategies
Using data to hire prospective job applicants is not a new concept. Recruiters have increased their use of data over the years to help them narrow down to the most favourable job applicants. However, due to the advancement of technology, most recruiters are stepping away from the usual metrics. Hiring managers have started considering their job applicants’ personalities and how well they will fit into the workplace culture.
When using the available data, it is possible to determine if the applicant's personality will match the goals and values of the company. This strategy makes the hiring process more precise and increases employee retention.
Conclusion
While the hiring process might experience a lot of uncertainty in 2023, these 6 must-know hiring trends will help you move in the right direction. Try to include them in your hiring process, and let us know in the comments how it has worked for you!