Future of Work: Top Hiring Trends to Look Out for in 2023 and Beyond

Since the onset of the pandemic, the world has witnessed a cascade of global events in the last few years, such as volatile geopolitical situations, the looming recession threat, along with environmental deterioration that is leading to climate change and global warming. And with the world slowly getting accustomed to the new normal, businesses and individuals are undergoing many transformations to adjust to the changing landscape.

Today the future of work lies on a different trajectory than it used to be. And recruitment is one of the primary functions that is struggling to match this trajectory for businesses to thrive. With 2023 on the horizon, organizations are gearing up to embrace new trends in the new year. Here are some hiring trends industry leaders can expect to build their recruitment strategies.

Read more: Why Investing in Employees Enables Better Business Results?

Current Trends in Talent Acquisition in 2023

Trends #1: Remote Hiring on the Rise

Employees look at an organization’s work culture, policies, and flexibility rather than considering remuneration as the determining factor. A recent study showed that 67% of southeast Asian employees would be happy than be unhappy but take home a big paycheck. And the availability of remote work plays a prominent role in employee satisfaction as well as retention. The past two years have been a testament to the fact that employee productivity is possible from anywhere. It has also highlighted that conventional HR practices can be made more efficient by incorporating a tech-first approach. And organizations are now trying to offer flexibility to attract top talent.

In 2023 and beyond, there will be an upswing in remote recruitment that will be backed by cutting-edge, SaaS-based tech frameworks designed specifically for remote hiring. It will equip the organizations to deliver a definitive employee experience right from the pre-hiring phase.

Trends #2: Increase Upskilling to Attract and Retention Top Talent

Globally, organizations are facing an acute shortage of skilled talent that is intensifying the wars between companies. Every enterprise wants to hire the best talent in the industry. It is estimated that by the year 2030, almost 85 million jobs will remain vacant due to a shortage of skilled labor. And to overcome this bottleneck, a number of organizations are striving to introduce upskilling programs.

In 2023, more companies will offer skilling/reskilling programs even before the employee is onboarded. They will leverage artificial intelligence (AI) in their learning management systems to support personalized upskilling.

Read more: How can Leaders Establish a Culture of Curiosity and Innovation in their Organization?

Trends #3: Organizations to Drive DEI Policies Amid Growing Pushback

With the rising significance of diversity and inclusion within organizations, industry leaders are bolstering diversity, equity, and inclusion (DEI) efforts as employees are also showing signs of resistance. 42% of employees believe that an organization’s DEI efforts should be divisive, as many employees feel alienated or even resent their DEI efforts.

Political and ideological trends often characterize DEI as social engineering against historically favored groups, thus amplifying resistance within the organization. Some employees often push back, invalidate, disrupt, or disconnect from the program framework established to enable marginalized groups. Many organizations ignore these employee pushbacks as they fear validating it as legitimate, and it may decrease engagement and inclusion, thus resulting in attrition. However, in 2023, savvy leaders will address the opposition before they transform into more disruptive forms of resistance.

Trends #4: Quiet hiring will offer New Ways to Attract in-demand Talent

Everyone is well aware of the viral “quiet quitting” wave that made headlines in the second half of 2022. Quiet quitting brought to light the picture of employees refusing to go above and beyond in their job and doing the minimum required. At the same time, this led to organizations keeping people but losing skills and capabilities. HR leaders are turning to this practice to attract new skills and capabilities without adding new full-time employees.

With the competitive talent landscape on the rise, in 2023, organizations will have to introduce new policies to prioritize their employees. In today’s environment, it is imperative to tackle ongoing concerns in order to set and achieve strategic workforce and talent goals. The focus is on internal talent and mobility in order to ensure that employees can address the priorities that matter the most. Organizations are also introducing upskilling opportunities for existing talent to meet evolving organizational needs.

Read full article, here is the source:

https://www.sganalytics.com/blog/new-phase-of-hiring-in-2023/

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