Last year, in 2022, it became clear that the job seekers’ power had strengthened due to a shortage of candidates, which left employers struggling to fill important vacancies.
Particularly, the labour market has suffered from a shortage of workers. Did you know that over 2.5 million people have reported long-term sickness? This is the main driver for the shortage within the labour industry.
With these changes in mind, employers need to prepare for 2023 to ensure they aren't among the large number of employers who will struggle to fill positions, and recruit talent this year. For this reason, this article explores the upcoming hiring trends to consider and navigate when attempting to fill vacancies in 2023.
1. Stand Out From The Crowd
Due to an ageing population, the size of the UK’s workforce is guaranteed to shrink. With this in mind, employers need to become an attractive proposition to join. In order to attract the hiring talent they are on the hunt for.
The more options a hiring talent has, the more difficult it is for you to attract them your way. Ask yourself, what makes your job posting stand out from others? It’s time to think outside the box, because lazy job postings just won’t cut it in 2023, and could leave you scrambling to fill that position with the right talent.
2. The Desirability of Remote Work
Now that workers have had a taste of remote working, it's not a benefit they’re willing to give up easily. Did you know that remote working positions rose by 274% since the beginning of the pandemic? On top of this, the number of candidates searching for remote working positions grew by 674%.
This demonstrates the desirability of remote work, so is certainly something to consider when hiring candidates. If you can’t offer a fully remote position, then consider a hybrid position. By enforcing these flexible working roles, you can easily widen your talent pool of candidates.
An added bonus of hybrid or remote roles is that employees are found to genuinely be happier, meaning they are less likely to leave the company so soon.
3. Put Your Employee's Happiness First
When searching for talent, it’s important to consider the well-being and happiness of potential employees. The more gratified the employee is, the less likely they are to seek different or new job opportunities.
This demonstrates that workers will walk away from a job role if they feel it has an impact on their well-being in a negative way. With this in mind, as a recruiter, you need to have good intentions and plan ahead for ways of keeping your employees satisfied.
4. Focus Push Towards Benefits Instead of Pay
Surprisingly, compensation is not as important as it used to be. We are living through a cost-of-living crisis, so yes, candidates are looking to be compensated appropriately. But they are also looking for other benefits as well.
Flexibility is a key benefit that job seekers are on the hunt for, especially those who work more than one job, or have caring responsibilities. This is why it is important to advertise the flexibility of a role, as it may attract more talent than you expect.
Final Thoughts
There’s no denying that the pandemic has changed the methods and dynamics of the workforce, impacting both employers and employees. With employees having experienced a taste of remote working, and other added benefits, they are less likely to settle for a non-flexible role, regardless of compensation.
When searching for candidates, think outside the box for new ways of attracting the talent you desire.