A new year brings about change. There’ll be new ways of doing things and new trends will emerge. Recruitment agencies in Toronto and across the country are already looking forward to 2023 and our recruiters are doing the same. We’re carefully assessing the job market, economy, and many other factors to identify the top hiring trends you can expect to see in the first part of the new year. Based on our research and what we are seeing play out with our clients and job seekers, here are some of the top hiring trends you can expect to see in 2023:
A focus on proactive hiring strategies
In the new year, you can expect employers to take the “always be recruiting” mantra seriously. Amid talent shortages and other limiting economic factors, you can expect companies to start looking for talent before they’ve identified a hiring need. Expect more outreach and relationship-building with talent and the expansion of talent pools.
Focusing on hiring quality
Companies can ill afford to make a hiring mistake. So, expect them to make every hire count. If they do intend to hire, you can expect hiring managers to be more diligent in how they assess their talent pool. Companies realize that since they’ll be hiring fewer people, they’ll need to ensure they are adding quality individuals who can make a difference.
A wait-and-see approach
You can expect companies to be more cautious in their approach to hiring at the beginning of the year. Many will wait a little bit and see how things play out with the economy before they commit to any large-scale hiring.
“Many companies are tightening their belts and that means a more judicious approach to hiring. Employers are carefully considering which hires are truly necessary and they’re increasingly looking inside the organization to fill open roles. In addition, many are hiring contract workers to lower costs and more easily pivot as demand rises and falls,” says Lydia Abbot on the LinkedIn Talent Blog.
Read About More Industry Developments From Our Recruitment Agency
4 Things You Need to Do NOW to Get a Head Start on Hiring in the New Year
The Economy Is Cooling, but Is the Job Market?
Layoffs? Expansion? What Technology Recruiters Are Seeing in Canada’s Tech Sector
IQ PARTNERS is an Executive Search & Recruitment firm supporting clients across Canada and internationally. We help companies hire better, hire less & retain more. We have specialist teams of recruiters in Executive Search / Board & C-Suite, Technology, Media, Digital & Marketing, Accounting & Finance, Financial Services & Insurance, Startup, Data Science, Consumer, eCommerce & Retail, HR, Manufacturing, Supply Chain & Engineering, Construction & Engineering, Legal & Professional Services, Pharmaceutical & Life Sciences, and Sales. Click here to view current job openings and to register with us.
