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Want to stay ahead in today’s fast-paced job market? Welcome to our resource page! Here you will get valuable insights on the latest trends in recruiting and staffing industry.
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This page is your go-to place for learning about the latest ideas and strategies that are shaping the future of hiring talent. With our comprehensive collection of articles, guides, and expert advice, you can upgrade your talent acquisition strategy. Please scroll down to see the various latest trends in 2023.
7 Recruitment Trends You Should Familiarize Yourself With in 2023
Is your hiring process efficient and up-to-date? In this resource, we are going to mention some effective talent acquisition and recruitment trends for 2023. So, take advantage of these trends to attract suitable candidates quickly and professionally. But before delving into the trends, let’s discuss post-pandemic scenarios for recruiting experts.
Post Covid-19 Challenges for Recruitment Professionals
The period of great resignation has created several challenges for talent acquisition specialists. The survey conducted by PwC shows that around 42% of the employees are planning to demand higher salaries to cope with the elevated inflation rate in their respective countries as compared to the last year, which was 35%.
In 2023, people have also started doing multiple jobs, as 69% of workers said that they are doing this to earn extra money to pay the household bills. Among them, Gen Z has the higher rate (30%), while ethnic minorities also have a share of around 28%.
But don’t worry; from the past two years, several talent acquisition trends are originated that you can adopt in 2023. This will not only help you boost your recruiting potential but will also save time and resources.
Now let’s discuss some of these new trends that are shaping the future of hiring!
Trend 1: Remote work and virtual recruitment
The pandemic increased remote labour and virtual recruitment. As companies discover the benefits of a larger talent pool and lower in-person interview costs, they also aim to continue this trend in 2023. Recruitment professionals should be familiar with video conferencing tools, virtual examinations, and online collaboration platforms to use them appropriately.
In 2020, Gartner conducted a survey and found that 82% of firm leaders expect to enable remote work following the covid-19 outbreak. In their latest research, Gartner found that 48% of employees will prefer to work remotely in a post-pandemic era, which is above 30% of last year’s statistics.
Trend 2: Increased focus on digital skills
The covid-19 outbreak underlined the necessity of digital skills as many companies switched to technology-driven solutions. Recruitment professionals must favour individuals who have digital skills and the ability to work in remote environments. It will be necessary to assess these qualities during the hiring process.
As digital use increases, 50% of employees will need reskilling by 2025, according to the World Economic Forum. Thus, recruiters should use the newest technologies and select individuals with good digital literacy expertise.
Trend 3: Emphasis on diversity and inclusion
In 2023, organizations are emphasizing diversity, equality, and inclusion (DEI) activities. No doubt, it’s crucial to establish inclusive workplaces to bring forth diverse talent and enhance productivity. Companies are utilizing innovative hiring methods to achieve this. It is the responsibility of recruitment consultants to find diverse applicants and make sure of fair and unbiased selection procedures.
According to McKinsey & Company, DEI-related spending by enterprises was estimated at $7.5 billion in 2020 and is expected to more than double to $15.4 billion by 2026.
Trend 4: Enhanced use of AI technology
It’s clear that 2023 is shaping up to be a major year for technology. We’ve seen the emergence of several groundbreaking tools like ChatGPT and other AI advancements. In the recruitment industry, AI, machine learning, and automation are streamlining resume screening, candidate sourcing, and interview scheduling. To maximize their advantages, recruiters must keep up with new tech. At Hired Solutions, we have also implemented AI technology to select the right candidates.
According to the CNBC report, ChatGPT and AI are the next worker recruitment and retention game changers. Companies may hire faster and more accurately by screening candidates through AI technology.
Trend 5: Employer Branding and Employee Advocacy
Making a good impression as an employer is very important for getting and keeping the best workers. Nowadays, companies are concentrating on building a positive reputation as an employer. They use websites and social media where employees can talk about the company and show what makes it special and attractive.
According to a recent survey by Glassdoor, employer branding has emerged as a crucial aspect of recruitment marketing. The results of the survey indicate that 92% of employees would consider switching to a new opportunity at the same salary if the new company had a good reputation.
Trend 6: Data-driven Recruitment
Data and analytics are vital for hiring. The data helps companies understand how they hire, discover the best candidates, and evaluate their hires. They also utilize specific technologies to estimate how many new hires they will require and identify skills gaps in their company. This method leads to better hires, less bias, faster processes, minimized costs, and growth. But people should still be able to use their own senses when making decisions.
73% of companies surveyed by LinkedIn believe data is vital to HR and talent acquisition. Moreover, 67% of recruiters said that data-driven recruitment saves time and money.
7 Recruitment Trends You Should Familiarize Yourself With in 2023
Trend 7: Gamification in Recruitment
Gamification is a cool new thing in hiring that makes it more fun. It means adding game stuff to the hiring process to see how good people are at certain things and solving problems. There are tests and pretend situations that let people show what they can do, so managers can figure out if they’re good at stuff.
In a survey, 78% of respondents thought gamification in recruiting would make a firm or position more appealing. Source: TalentIms
In a nutshell:
The way companies find and hire new employees for jobs is changing a lot in 2023. Many companies want efficient ways to hire skilled workers. Companies must stay up with current recruiting trends to upgrade their talent acquisition process. We listed the top 7 talent acquisition trends that you should implement in your hiring process.
If you are still looking for qualified candidates, contact Higherd Solutions and let us handle your recruiting process.