As a recruiting or hiring manager, it will be important to stay ahead of the curve in 2023. The recruitment landscape is changing rapidly with the arrival of trends like remote working and the use of AI in recruitment. You will need to understand the various trends in the industry to stay ahead of competition when it comes to finding the best talent for your company. Let us take a look at the trends for 2023 and how you can leverage these for your success.
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Hiring for remote working
The pandemic has brought in the wave of working remote and this has benefitted both employers and the employees. This has led to companies exploring the idea of hiring remotely as well to save time and cost. Remote working helps people make better use of their time and be more productive. Remote working will enable businesses to employ and retain talent more effectively. So, while recruiting, it will be important to evaluate the skills and experience that the candidate requires to work remotely.
AI in recruitment
AI has impacted many industries and recruitment is the latest industry where it has come in with a lot of advantages. AI tools increase efficiency and drive productivity. Many employers use AI tools to find new talent by scanning sourcing platforms for potential employees. AI tools can scan and filter candidates and help in identifying the best candidates for an organization. AI tools can also manage the recruitment process, from job descriptions to onboarding. AI tools can be programmed to handle tasks normally handled by humans, for instance, for organizing databases and finding information quickly.
Use of social media
Social media has become important to businesses in recent years. Companies advertise, communicate with customers and also find talent on social media. The use of social media in recruitment has grown in recent years and platforms like LinkedIn are increasingly used to find potential candidates. Social media enables finding candidates and understanding their skills, interests and ambitions.
Creating a strong employer branding
New employees are drawn to a strong employer brand. A good employer brand can attract and retain good talent very easily. Employer branding has evolved and become more important especially in the remote working landscape. Building a good employer brand is dependent on how you communicate, market and brand yourself as an organization. Your policies and recruitment processes should be good and attractive. A good employer brand will stand out among competition and allow you strength to draw top talent.
Data-driven recruitment
The use of data to help find potential candidates has sprung up data-driven recruitment. The data can vary widely depending on the organization’s needs. The data can be from social media, information from job boards or other recruitment tools. Organizations that need to scale up their recruitment process will find data-driven recruitment very useful. It helps organizations filter through data and find the right candidates.
Employee retention strategies
Not just attracting but retaining existing talent is a key metric for successful organizations. In remote working environments, it becomes easier for employees to jump ship. Hence retention strategies include creating a strong employer brand, having great onboarding practices and investing in employee development. Employee turnover rates can be brought down by keeping employees engaged and happy.
Gen Z entering the workforce
Gen Z has entered the workforce. They bring with them the major drift of speed. They expect everything to be virtual and fast-paced. Outdated recruitment methods are a major turn off for them. So in order to work with this generation, companies will have to use recruitment automation, mobile-optimized application processes and creative candidate engagement strategies at every step of the hiring process.
Gig work and gig economy
The gig economy is growing at a fast pace and becoming more and more popular. People are seeking more flexible, project-based, employment in comparison to permanent employment and this is driving the gig economy. This has completely changed how companies approach recruitment and talent attraction.
Embracing diversity and inclusion
Many companies are recognizing the plus points of having a diverse workforce and are making an effort to hire from under-represented groups. This not only includes ethnic and racial diversity but also diversity in skills, background and experience. Gender balance is also key and a very important focus area.
Skills over degrees
Recruiters are beginning to realize that getting degrees is not the only way to acquire skills. Unlike in conventional approaches, a candidate may be a great fit for the role if they can demonstrate relevant skills. Employers should focus on identifying the skills required for the job and use that as a benchmark for evaluating candidates. Also, soft skills are becoming very important in today’s world. They help employees perform effectively and collaborate, communicate and adapt to changes.
These are some of the trends that you need to be aware of as a hiring manager. The industry is changing and it is important to stay up-to-date with the latest trends and how they impact your organization.
