Since 2020, significant and unprecedented disruptions have caused changes to how and why people work. The talent hiring trends in 2023 must consider these shifting priorities and needs while finding the best people for tomorrow’s open positions. Here are the expected trends for 2023 that candidates will watch when contacting a potential employer.
- Internal Mobility – an uncertain job market creates opportunities, but only for candidates willing to take risks. Today’s professional isn’t looking to climb the corporate ladder. They want opportunities to change their responsibilities so that life has more flexibility. People want to future-proof themselves against another pandemic-level event. Companies with more internal mobility, defined as providing more talent development within the current workforce, will attract more high-quality candidates looking for job security.
- Artificial Intelligence – AI platforms help hiring managers to shortlist promising candidates by providing predictive analytics. Investments in this technology can help companies find internal or external hires that align better with the interest areas and goals of that open position.
- Short-Term Hires – the latest hiring trends show that companies are more willing to adopt contract employment instead of sticking to the full-time employee model. This approach includes hiring interim professionals or executives to help with workforce scaling. This approach prevents companies from being locked into a single leader with an expensive employment contract. They can bring in the talent required for a specific project, then move on once that work is complete.
- Workplace Culture Cohesion – when most workers were forced into a home-based environment, employers discovered that workers could be more productive working there than at the office. How can a company improve its culture if its people are spread out across multiple communities? Hybrid workplaces will become part of the 2023 talent hiring trends. This approach gives people more freedom with remote work while having access to a formal office. Employers can use their hiring tools, such as psychometric testing, to find candidates that can adapt to these changes more readily.
- Boomerang Candidates – many professionals opted for an early retirement or took a leap of faith and switched jobs before 2020. With shrinking accounts and an uncertain economy looming, some people are coming back to the labour force. Companies that have former workers return see advantages because they have proven skill sets and institutional knowledge that requires less training. The trend in 2023 is to proactively pursue these candidates. Recruitment costs can be significantly lowered by promoting the door being open for a return.
- Collaboration Emphasis – dynamic economies require employers to be flexible and adaptive. That means candidates are looking for places where silos are gone, replaced by a collaborative environment. Hiring managers will avoid making snap decisions and evaluate applicants carefully to ensure they’re a good fit for the existing team.
In 2023, candidates and businesses must prepare for the worst- and best-case scenarios while looking for people who fit the mould for both situations. These trends will help everyone find a better fit during the hiring process.