As the business landscape continues to evolve, recruiting priorities for business leaders will also need to adapt to meet the demands of the workforce. In 2023, there are several key areas that business leaders should focus on to ensure that their recruitment strategies are effective and efficient.
Implement a scalable recruiting strategy
In 2023, recruiting remains a top priority for companies of all sizes and complexities. Despite the challenges of finding quality candidates, HR leaders are focused on improving the overall quality of their candidate pool. According to a recent survey, 61% of HR decision-makers listed this as their primary recruiting goal for the year.
However, the number of new job listings across organizations decreased in the second and third quarters of 2022, with a 10.4% decrease from historic highs seen earlier in the year. This trend is likely to continue, resulting in an increase in the total number of applications for open positions in 2023.
In light of this, companies should adopt more flexible recruiting strategies that allow them to scale up or down their hiring efforts based on their business needs. Scalability is becoming a crucial aspect of successful recruiting, as it enables teams to identify areas for improvement throughout the talent lifecycle and adapt to market changes.
Focus on adopting new technologies
Half of all companies are at the forefront of early technology adoption. The most successful companies are those that embrace innovation and are quick to adopt new technologies. These companies invest in testing new technologies to improve customer satisfaction, increase productivity, and gain a competitive edge in the market. On the other hand, companies that lag behind in technology adoption will struggle to keep up with more tech-savvy and innovative businesses. This applies to any industry, including recruiting.
It’s essential that a company’s recruitment technology stack supports the following functions:
- Integration with multiple systems
- Streamlining the development and maintenance of applicant workflow
- Automation of manual tasks such as record-keeping, recruiter follow-up, and job ad creation
- Supplying accurate and up-to-date reports and metrics
- Enabling communication through various channels such as email, phone, text, social media, and mobile alerts
Process Prioritization
Companies should focus on developing recruitment processes that are efficient and effective, such as using pre-hire assessments, video conferencing, and employee referrals.
Diversifying Recruitment Sources
Companies should focus on diversifying the recruitment sources to attract a more diverse workforce, which in turn helps to bring new ideas and perspectives to the company. This can be achieved by leveraging employee referrals, social media, and recruiting events.
Communication and Transparency
Companies should focus on communicating with the candidates and keeping them informed about the recruitment process. This can help to avoid frustration and increase the chances of getting the best candidate. Additionally, companies should be transparent about the recruitment process to build trust.
