In recent years professionals have experienced a bit of a tumultuous journey. The transition to remote work, migration to cloud-based solutions, and the fiercely competitive hunt for talent have all been noticeable and impactful aspects of these changes. Beneath the surface, the recruitment landscape has been silently undergoing transformation, reshaping employment policies and redefining recruitment strategies. As 2024 approaches, it is important for hiring managers to align themselves with hiring trends that contemporary professionals expect and actively seek.
Here are five hiring trends you need to consider as we approach a new year.
- Candidate Experience
The art of drawing in top talent and maintaining their enthusiasm throughout the recruitment process hinges on providing a pleasant and considerate candidate experience. The fundamental elements of a favourable candidate experience encompass efficient recruitment schedules, sensible prerequisites, user-friendly hiring platforms, and anti-ghosting policies. Valuing each candidate’s time should be of utmost importance, acknowledging that the job-seeking journey is typically a time-sensitive pursuit.
- Automation and AI
Automation, AI-powered strategies, and the integration of an Applicant Tracking System (ATS) in recruitment offer significant benefits, including increased efficiency, reduced bias, cost savings, and improved overall hiring quality. It complements the expertise of human recruiters by automating repetitive tasks and providing data-driven insights, ultimately leading to better hiring outcomes.
- Remote and Hybrid Work
Prior to the pandemic, only 6% of employees worked remotely and it’s expected that 25% of workers will work remotely by the end of 2023. So, in the ever-evolving employment landscape, the adoption of remote and hybrid work models is no longer a choice but a strategic necessity. By integrating remote and hybrid team-building practices into your recruitment strategies, your business not only adapts to the changing landscape but also gains a significant competitive advantage. You can offer prospective talent a higher degree of flexibility, making your organization an appealing destination for top-tier professionals in search of versatile work options. This, in turn, positions your company as a forward-thinking and accommodating employer, making it more attractive to the modern workforce.
- Commitment to Professional Development
Professionals are now seeking stable opportunities with room for growth so that they don’t have to change employers every few years. By providing training initiatives and clearly defining career progression routes, your company can actively cultivate employee loyalty, lower turnover rates, and entice high-caliber talent who are eager to excel and evolve within their roles.
- Strengthen Employee Wellbeing Benefits
The emphasis on employee wellness has been steadily growing in recent years and remains a crucial element of workplace culture. Research has shown that employees who are in good health tend to be more productive, loyal, and engaged in their work. In turn, employees experience lower levels of burnout when employers make wellness a priority and offer benefits that promote a balanced life. Wellness benefits can include offerings such as healthy catering, gym memberships or allowances, flexible working hours, and more.
How Kinetic Can Help
Kinetic specialise in sourcing professionals for leading Life Science organisations. If you need advice on how you can best implement these strategies and hire people who will help drive your business forward, contact us today.