GET AHEAD OF THE CURVE WITH OUR NEW YEAR HIRING TRENDS
Posted on 10th January 2023
The job market for 2023 looks to be a complex environment, filled with numerous opportunities as well as a few potential pitfalls to avoid! We can already see that hiring activity will be impacted by a diverse range of factors, from evolving candidate demographics and employee expectations to economic influences and redefined working norms. We’ve put together the 10 trends we feel will have the biggest impact on hiring in 2023. By working through these tips, you can get ahead of the curve in adapting your hiring strategy for the year ahead.
01. FLEXIBLE WORKING REMAINS A TOP PRIORITY
Flexible working can no longer be called a trend, development or even a perk.. It is now simply a permanent part of modern working life and something that candidates expect to be fully incorporated into new roles.
02. CANDIDATES ARE SAYING “NO”
It is becoming increasingly common for candidates to turn down job offers. In fact, research has shown that “candidates are 66% more likely to say “no” to an offer in 2022 compared to before the pandemic” (pageuppeople.com).
03. WATCH OUT FOR ‘QUICK QUITTING’
The downside of candidate agility is the danger of ‘quick-quitting’. “Quick Quitting occurs when an employee quits their current employer within one year of joining. To combat this, you must dedicate enough time during onboarding” (LinkedIn.com).
04. THE PASSIVE CANDIDATE MARKET IS BIG
More people are continuing to keep an eye on opportunities and more willing to be approached with ideal alternative roles. “People are changing jobs more often... so there continues to be a great deal of movement within the market”(ukrecruiter.co.uk).
05. LOOKING AGAIN AT TRANSFERABLE SKILLS
Businesses will need to move away from only searching for new employees with immediately relevant qualifications and experience. Businesses shouldn’t be fearful of looking in less obvious areas for candidates that could make a real impact.
06. OFFERING THE RIGHT BENEFITS
Benefit packages need to reflect current workforce preferences. Glassdoor commented “in-office benefits such as gyms and kitchens are being noted much less often in reviews for UK-based employees relative to pre-pandemic times” (startupsmagazine.co.uk)
07. ‘ONBOARDING’ EXPANDS
Effective contemporary onboarding processes may last months. “It’s not about complying with regulations and filling out forms but about getting a new employee engaged in the company, its culture, and their role” (LinkedIn.com).
08. BABY BOOMERS ARE ON THEIR WAY OUT
Research shows “baby boomers are now leaving the workforce in droves” - partly fuelled by a spike in early retirements following the pandemic (pageuppeople.com).
09. GEN Z ARE ARE ON THEIR WAY IN
“Gen Zers are all set to enter the workforce in junior-level roles. The major drift they will bring into the recruitment business is – speed, they will expect everything to be virtual and fast-paced (recruiterflow.com)
10. AGILITY WILL BE VITAL
Agility is the key for survival in times of recession or uncertainty. Businesses will need to hire quickly and allow job functions to evolve as needed. Candidate agility will also further feed into the increasing passive market.
SHAPING YOUR HIRING STRATEGY
At Netbox Recruitment, we’ve worked with a multitude of businesses in shaping various aspects of their hiring strategies that are directly relevant to the current opportunities and challenges facing businesses through the revitalised availability of new candidates. We have undertaken compressive salary benchmarking, advised on benefit structures and how to act as an employer of choice by offering real benefits that truly strike a chord with today’s best candidates. For more information and for a free hiring review contact us on email@example.com or call 0344 2572070.