1. Economic uncertainties will affect hiring.
As a possible recession looms and inflation rises, candidates and employers can expect economic uncertainties to impact their ability to find work and hire this year. Many industries are experiencing budget cuts amidst slowed economic growth and inflated pricing — and across all teams, especially hiring, have to rethink their approaches for 2023.
2. Gen Z will be joining the workforce.
According to Forbes, Gen Z will make up 27% of the global workforce by 2025. The new wave of employees will come with a different set of workplace expectations and priorities than the generations before.
3. Streamlined interview processes.
54% of Gen Zers won’t complete an online job application if the hiring process is too long, antiquated, or complicated. Prioritizing a straightforward interview process, with proper communication through each step, will help recruiters reach talent while they’re still engaged.
4. Remote and Hybrid work.
The push for workplace flexibility will only become more popular in the new yea. The majority of recruiters believe that remote work isn’t going anywhere — and talent is poised to ensure it doesn’t. In fact, a study by ADP Research Institute® found that over half of workers are willing to accept a pay cut of up to 11 percent to continue working from home at least part of the time, and 64 percent will actually consider looking for a new job if their employer expects them to work in the office full time.
5. Salary Transparency.
This is a massive shift from the typical guessing game that candidates play as they’re well into interviewing. Candidates don’t have time to start interviewing for multiple businesses only to be presented with an offer that isn’t near their expectations.
6. Employer Brand.
No matter what your hiring goals are, your employer brand will always precede you. Be sure to showcase the reasons why people should want to work for you whenever you have the chance. From your social media to your recruitment website to even your job descriptions, you should constantly communicate what you have to offer and why your employer brand stands out from the competition. Give people the opportunity to see those who are like them at your organization, which will help them see themselves working there too.
7. AI Hiring Trends.
Artificial intelligence, or AI, is making its way into all types of industries. Despite fears that computers are coming for our jobs, our data shows that AI isn’t really taking away jobs, but instead, adding them.
In 2022, the US, UK, and Spain all showed the highest interest in hiring for AI-related jobs.
Hiring managers are looking to optimize their time better when scouting candidates. In fact, 67% of HR professionals believe that AI has many benefits and a positive impact on the recruitment process.
8. Diversity, Equity, and Inclusion.
Diversity, equity, and inclusion have been hot-button issues for some time, and employers are under increasing pressure to create a more inclusive workplace.
This trend will continue in 2023, and job seekers can expect to see more companies prioritizing DEI in their hiring process.
9. Focus on Internal Mobility.
Companies are realizing that they need to prioritize developing their current employees and giving them opportunities to grow within the organization. Not only does this lead to a more engaged and loyal workforce, but it also saves on the time and cost of recruiting new talent from the outside.