Success in the year ahead for HR & Recruitment Consultancies requires agility, the ability to recognise market trends and the vision to prepare for them in advance.
Here are a few helpful insights into what business can expect in 2023:
- A continued rise in a customer-centric driven approach for businesses: companies will need to better communicate with customers to clearly identify current challenges, and work to address those in collaboration.
- Candidates will remain selective in the opportunities they take despite the massive layoffs in some industries. In an era of candidate agency, applicants will want to join a company with desired benefits and in alignment with their personal values.
- Talent Retention and Engagement remain key: research proves that highly engaged workforces lead to positive impacts and greater shareholder value. Companies that drive employee engagement with a renewed focus on building and maintaining a value-led culture will remain on top.
- An expected increase in M&As: the level of mergers, acquisitions and partnerships will near pre-2021 levels. This trend will motivate companies to further organise, upskill and reskill their teams.
- Digital learning and development: In 2023, L&D professionals will have the uphill task of providing continued learning along with keeping inclusivity at the forefront. Employee experience and learning will have to go hand in hand to get optimum results.
- Hiring for capabilities: companies will tend to place more emphasis on core capabilities when evaluating talent, over traditional job fit criteria. Employers will want to understand who can adapt and thrive in this environment and go for capabilities such as grit and learning agility, which are required in rapid strategic shifts.
Source: Harver, Engagedly
