The executive search and professional recruiting landscape has seen unprecedented disruptions and changes in recent years due to several factors including the rise of remote and hybrid work models, demand for higher salaries, a strong, candidate-driven labor market, and increased investment in existing talent. Here are 5 executive search and professional recruiting trends to be aware of in 2023 to ensure your organization stays ahead of the competition by attracting and retaining top talent.
- Interviewing Candidates Remotely
The COVID-19 pandemic fundamentally altered the way people live and work. Now, three years since the first COVID-19 case was diagnosed in the United States, some company executives and managers are completely reimagining what the workplace looks like in a post-pandemic environment while other employers are becoming firmer on mandatory return-to-office policies.
Regardless of the workplace model, most companies are recognizing the benefits of interviewing and hiring remotely. Not only do remote video interviews accelerate the hiring process, but it also enhances the candidate experience.
While meeting candidates in person offers a higher level of engagement, remote interviews are an important tool to add to your talent acquisition toolbelt in 2023.
- Focusing on Employer Branding and Culture
Not only can a strong employer brand help your organization attract and recruit high-performing leaders and talent, but it can also help retain existing employees. Not only is it important for your company to understand the significance of your employer brand, but it’s essential that your hiring and talent acquisition team can articulate this brand in a compelling manner when attracting talent.
During the client discovery process, Human Capital Solutions utilizes a proprietary tool called the Desired Outcomes Questionnaire to identify the “real” organizational culture and employer brand. This document also helps ensure selection committee/ hiring team consensus.
- Implementing Data-Driven Recruiting
Not only did data-centric recruiting play a huge role in 2022, but facts and statistics will continue to drive hiring decisions in 2023. Tools like Applicant Tracking Systems (ATSs) and Candidate Relationship Management Systems (CRMs) not only help recruiters store large amounts of data, but they can also enhance the candidate experience, help recruiters make informed predictions and decisions, and allow organizations to track market intelligence and analyze hiring flaws.
- Investing in Recruiting Tools and Technology
According to an industry survey, most recruiting professionals agreed that investing in recruitment tools and technology can improve a recruiter’s performance. These can also automate and simplify repetitive tasks and reduce administrative work.
By using recruitment automation, you can simultaneously post jobs on multiple platforms, parse or review resumes, manage hiring and client pipelines, and more. It can also help you improve important recruitment metrics (for example, time to hire and time to submittal) while efficiently engaging candidates at various stages of hiring.
- Emphasis on Diversity and Inclusion in the Workplace
Research shows that companies with an inclusive workplace and diverse workforce have better profitability and productivity than those that don’t. Business leaders worldwide understand that diversity, equity, and inclusion fuels creativity and innovation.
Being the employer of choice today requires organizations to have a pipeline of diverse talent at all levels who may otherwise be excluded or more challenging to discover.
Get in Touch With Human Capital Solutions Today!
Human Capital Solutions (HCS) has been helping companies grow for decades by engaging and deploying human capital to achieve desired business outcomes. Our offerings include executive search and professional recruiting, professional coaching, and consulting services. Contact us to learn more about the strategic and tactical solutions or team of experts can provide for your organization.