Human Resource professionals are constantly navigating changes in the workplace, but the past year has brought about four major shifts that require particular attention. Based on what we’ve seen thus far in 2023, Dynamic Staffing Services have considered certain new trends that businesses must be aware of. This viewpoint pertains to workplaces in the UK but is applicable worldwide.
Financial Wellbeing and Security
Salary has emerged as one of the top concerns for most employees, especially those on lower incomes, as persistent economic conditions continue to cause a large portion of the UK population to struggle financially. HR managers will likely pay significant attention to salary evaluations, pay equity, and benchmarking to keep on-staff talent. In a similar vein, communication about employee perks is becoming more crucial.
However, the economy has significantly impacted the corporate environment, so not all can afford to raise employee pay. When it comes to ensuring that the core team is sufficiently paid while also being able to respond quickly to changing external conditions, flexible workforce management strategies, such as using short-term staffing, might be crucial.
Additional Read: 5 Significant Recruitment Trends to Consider in 2023
Inclusion And Diversity
A diverse workforce should be a goal for all companies. Attracting workers with distinctive experiences and skill sets that benefit the workplace can improve employee satisfaction, foster a sense of belonging for everyone, and raise productivity. Digitalization has simplified diversity and inclusion.
Older Employees
Recently, businesses have started hiring more people in the 50–64 age range. From 57.2 percent in 1995 to 70.7 percent in June 2022, the employment rate for people aged 50 to 64 increased. Increased employment of senior citizens contributes to a proactive effort to address the skills gap in the workforce.
Recruiter Branding
One of the big trends for 2023 is employer branding, which gives businesses a chance to seem better to prospective employees. To be viewed favorably by potential customers, a firm must demonstrate that it values the growth and well-being of its employees.
For younger workers, this is especially critical. According to data, 92% of Millennials and members of GenZ said they would consider switching jobs for one at a company with a stellar reputation. Any organization loses future leaders and talented employees if this working climate cannot be successfully communicated.
In conclusion, HR professionals can help organizations thrive in a rapidly changing world by navigating these four major workplace shifts. We hope this blog was helpful for you and helped you understand the four major workplace shifts in the recruitment industry.
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Contact us today: Dynamic Staffing Services.
