Organizations face challenges in 2023 that are unlike anything they have seen before: a competitive talent landscape, an exhausted workforce, and pressure to control costs. As a result, more and more companies are turning to contingent workers to fill their needs. Why? The answer is simple. Contingent workers allow businesses to hire temporary help without having to invest in a full-time employee. Here are five contingent workforce trends in 2023.
Contingent Workforce Trends in 2023
When it comes to hiring, one size doesn’t necessarily fit all. That’s why many companies are shifting their approach.
Rather than relying on traditional methods like job boards and career fairs, they’re turning to “quiet hiring.” This strategy involves finding candidates through referrals and social media and tapping into the hidden talent pool of passive candidates who aren’t actively searching for a job but would be a good fit if approached with an offer.
That may seem like a lot of work — and it can be — but it can also pay off big time when you find someone who fits your culture and needs ideally.
As the role of technology evolves, so too must our concept of the workplace. The traditional 9-to-5 job has given way to a hybrid work schedule that allows employees to work from anywhere on any device.
This new reality is not only changing how we work but also how we see ourselves as workers. We’re no longer chained to one desk in one location and instead can stay connected with our colleagues and clients around the globe. As a result, many companies offer flexible work arrangements to help employees balance their professional and personal lives, including those in manufacturing and healthcare.
In an increasingly competitive job market, hiring managers are often forced to compromise when evaluating potential employees. They look for candidates with the right experience and education but may overlook other attributes that can be just as important — if not more so — for success in a given role.
For example, it might seem logical to prioritize candidates with experience selling similar products or services if you’re hiring a salesperson. But what if the skills required for the new role aren’t directly related to what they did before? You could end up missing out on someone who would have excelled in that position because you’re trying to find the perfect fit on paper. In 2023, employers will look outside the box, hiring “non-traditional” candidates to fill in-demand roles.
Diversity, Equity & Inclusion
The most successful companies recognize the importance of diversity in their workforce. They understand that diversity is the foundation of their business success and are committed to creating a workplace that supports everyone’s unique strengths and values.
While many companies have focused on hiring more diverse candidates, there’s still work to be done to foster inclusive cultures in the workplace. In 2023, companies must double down on their diversity strategies or risk losing workers. 67% of employees believe that diversity is critical when considering a job.
Focus On Employee Satisfaction
The demands of today’s working environment have left employees completely exhausted. To combat this, companies must provide a sense of purpose, flexibility, and career opportunities.
According to Gallup, 66% of people are disengaged at work. This means they are unhappy at work and lack energy and enthusiasm for their job.
To combat this problem, companies need to focus on the three things that matter most to employees: purpose, flexibility, and career opportunities.
Organizational leaders are facing a new reality. The competitive talent landscape is fractured and changing at an unprecedented rate. The workforce is exhausted from years of turmoil, and the pressure to control costs is growing.
Organizations can no longer depend on traditional recruitment methods to find the right talent for their most critical roles. They must adopt new approaches that help them attract and retain the best people. “Quiet hiring,” hybrid flexibility, non-traditional candidates, and a commitment to diversity and employee needs will drive the contingent workforce in 2023.
By working with an experienced team of professionals to manage your contingent labor, you can rest assured knowing you will find the right talent for your open role. NexusCW is here to help.