Hiring and recruiting trends for a workforce that has been forever changed by the COVID-19 pandemic
Recruiting and hiring processes have evolved. In order to improve efficiency in talent search, companies and recruitment agencies have had to adapt and find better ways to attract talent – even the best HR companies in Malaysia are not excluded.
Some companies are using talent recruitment agencies for outsourcing and outplacement services – but even they may find it challenging to draw in talented and qualified individuals from a limited and competitive talent pool as 2023 approaches. The COVID-19 epidemic has permanently transformed the demands and needs of the workforce, and as a result, trends shift.
But as the year draws to a close, it is time for HR and talent acquisition recruitment agencies to relook at their strategies and anticipate what is coming in 2023 in order to transform their recruiting and retention strategies to become more effective, streamlined, and proactive.
Recruitment Will Become More Proactive
The shift from reactive to proactive recruitment will continue in 2023, with HR using key strategies to find talent before the need to fill a position becomes urgent.
Competitive Compensation and Benefits
In 2023 and beyond, more businesses will discover that boosting salaries and offering attractive benefits packages is the best way to draw in and keep talent.
Using Social Media to Showcase Brand Values
Proactive recruiters and recruitment firms have been using social media to find and keep an eye on potential applicants during the past 10 years. Starting next year, we will see more HR specialists utilising social media as a tool to showcase the company’s corporate branding and values. Maintaining a positive reputation for the business should be one of HR’s top priorities, especially as job seekers nowadays look for companies whose values align with theirs.
Creating Diverse and Inclusive Environments
Initiatives related to diversity, equality, and inclusion (DEI) are essential for businesses that wish to maintain a productive and healthy workplace culture. According to a Deloitte survey, 83% of millennials are more engaged in an inclusive environment, and 47% of candidates actively seek out employers who encourage diversity and inclusion.
Utilising Digital Tools and Applicant Tracking System (ATS) Software
A growing number of businesses – including talent agencies in Malaysia – are starting to incorporate the usage of digital tools or applicant tracking systems (ATS) into the recruiting process, frequently using a hybrid strategy that combines digital and in-person techniques.
This can help HR and recruiters save time and effort during the hiring process, and assist HR professionals in making more informed decisions when interviewing and hiring candidates.
All in all, it is apparent that the world of hiring and recruiting is evolving. HR now has to take a more proactive stance to emphasise values that matter to potential candidates, improve the effectiveness and efficiency of their recruiting processes, and enhance engagement and retention.
At Aisling, we combine our customer and talent acquisition approach with our subject matter expertise across our areas of specialisation. Aisling Search & Selection continues to maintain a high degree of positive impact in our partnerships.