The definition of the workplace has changed significantly in the past few years.
Hybrid work models are on the upward trend for job desirability, and candidates are approaching the job market differently in 2023.
The job market has become much more competitive, and video interviews are the “new norm”.
As a result, it’s easier for candidates to apply and interview for more positions than in the past. With a low 3.5% unemployment rate and strong hiring, companies must adapt to keep up with new recruitment trends to stand out from competing companies.
5 Top Hiring and Recruitment Trends & Tips for 2023
2023 presents some new hiring and recruitment trends – directly related to how candidates perceive their options and experience during the recruitment process.
Are you prepared to succeed in hiring today’s best talent? Level up with these top hiring trends to improve your recruitment strategy – brought to you by Talent Right.
1. Embrace the Power of Creating a Positive Recruitment Experience
First impressions matter in our personal and professional lives. The job market has become much more competitive, and companies must do more to attract and impress candidates during all stages, including actual interviews, email and phone communications. To land top talent, recruiters must create a positive recruitment experience from start to finish.
Tips for Recruiters for Creating Positive Recruitment Experiences
- Be transparent about the hiring process.
- Share the profile/s of the interviewer/s with candidates ahead of time.
- Ensure that all Interviewers are on the same page before all interviews commence.
- Respect candidates’ time during the interview and recruitment process.
- Know your company’s values, mission, and benefits.
- Inform and communicate with candidates with punctuality.
- Be prepared to answer more questions from inquiring minds.
- Respectfully inform candidates of the recruitment progress – updating applicants on their status in the recruitment process is essential – whether they have progressed or not, communication always beats silence.
2. Employer Branding
A strong employer brand is a ticket to landing top candidates. So, what exactly is employer branding? Employer branding is how you communicate the entirety of the employment experience – including an employer’s reputation as a place to work, their employee value proposition, and current employees’ work satisfaction.
How a company is perceived can often be the make or break of whether a top candidate applies for your role or accepts a job offer.
Tips for implementing a Successful Employer Brand Strategy
- Define your Employer Branding Goals
- Identify the ideal candidate persona
- Define your employee Value Proposition
- Outline the channels to promote your employer brand
- Measure your Employer Branding Success
3. Hybrid Work Model
Hybrid work is a flexible work model that supports a combination of in-office, remote, and on-the-go workers. It offers employees the flexibility and autonomy to work in a mixed environment that promotes productivity. Post-pandemic, the desire for hybrid work has substantially increased. There are multiple types of hybrid models:
- Flexible hybrid work model – employees choose their location and working hours based on their priorities for the day
- Fixed hybrid work model – companies set the days and times employees are allowed to work remotely or go into the office
- Office-first hybrid work model – employees are expected to be on-site but have the flexibility to choose a couple of days a week to work remotely
- Remote-first hybrid work model – employees work most of the time remotely with the occasional visits to the office for team building and collaboration
Tip: According to recent polls, 83% of workers prefer hybrid work. Companies that offer the hybrid model as an option attract more interest from talented candidates, experience higher retention levels, boost employee productivity and support healthy company culture.
4. Diverse, Equity, and Inclusion Strategy
Diversity, equity, and inclusion (DE&I) should be a top priority for talent acquisition leaders. Did you know that companies with ethnically or gender-diverse leadership teams are more likely to outperform others by 25-36%?
- Diversity – the presence of differences in the company, including race, gender identity, ethnicity, nationality, apparent and non-apparent disability, and sexual orientation
- Equity – ensuring procedures and systems are just and impartial, eliminating unfair advantages and providing equal opportunities for all
- Inclusion – the practice of creating an environment where everyone feels heard, supported, and secure in sharing their perspectives
The bottom line is, building a DE&I hiring strategy opens your talent pool tremendously and creates a more welcoming workplace. The best DE&I plans include company-wide goals, ensuring diversity spans the entire team, including seniority roles.
Tips for Creating a More Diverse, Equal and Inclusive Sourcing Strategy
- Make job ads more inclusive
- Target a diverse pool of candidates
- Source from different pools of talent
- Leverage a diverse internship program
5. Company Values
Core Values can guide candidates to the right company. Clear company values help build relationships with candidates from the start and attract more interest.
Values set an organisation’s identity, laying the foundation for what the company cares about most – helping candidates understand its culture and what will be expected of them if hired. A company’s core values should reflect its daily culture, employee experiences, and overall policies.
Tips for Communicating Company Values During the Hiring Process
- Design a recruitment process to elicit core values
- A company’s core values should reflect its daily culture, employee experiences, and overall policies.
- Have company values written in the job description
- Encourage recruiters and hiring managers to reiterate values during interviews
- Send candidates additional information on company values and overall mission.
Set Up Your Recruiting Process for Success
At Talent Right, we have a comprehensive sourcing methodology to secure the right candidates for your business.
We build bespoke sourcing solutions and tap into our expansive talent and social networks to find the best talent for your team.
As we move towards Q1, businesses must develop a concrete action plan to align their recruiting processes with current demands and trends. January and February are excellent months for recruitment when the candidate pool will be at its best. Get a head start with Talent Right.
Results matter, and so does your time, so let us help you build the productive, engaged workforce that will keep your company moving forward.