Some interesting facts on The Future of Recruiting 2023 from LinkedIn

Only 45% of recruiting pros say their companies increased salaries enough to keep pace with inflation. Recruitment leaders can help open & keep the conversation going about wages, DEI, & pay transparency. Recruiters have the clearest view of what candidates are looking for and labor market dynamics. They can help champion the principle of skills over pedigree.

Recruiters are your best brand ambassadors – recruiters know that despite the recession forecasts – competition for talent has not eased (even if it is slowing in some industries). So creating a compelling EVP – employer value position – is more important than ever. You need to understand how to attract & retain top talent & use your recruiters both in house & TP as brand ambassadors.

Recruiters, like everyone else, according to the latest trends, will need improved soft skills – to attract & retain talent. They will need to ask questions & really understand the roles and how they fit into the company’s overall objectives.

20% of recruitment respondents said DEI is a higher priority now than it has ever been. Skills-based hiring will be the new priority. What is skills-based hiring? The practice of valuing skills over things like where you got your degree or your previous employer. ? of recruiters say it’ll be a top priority at their company but only 64% feel they can accurately assess a candidate’s skills. We will have to see some learning happening.

Opening up to non-degree holders who have years of equivalent experience is another example of skills-based hiring and promoting diversity because underrepresented groups are less likely to have attended college or university but perform as well as university grads.

Since skills based hiring is set to become so key, companies will have to map out the skills required for performance. Having a key understanding of the skills you need will be the first step to successful hiring strategies.

Offering new skills to employees will be a top tool to attract & retain talent.

Where does AI fit into recruitment?

According to LinkedIn the top recruitment outcomes recruiters hope to see:

• 74% responded having repetitive tasks automated so they can prioritize more strategic work
• 67% make it easier & faster to source candidates
• 59% to make it easier/faster to engage candidates

However, humans still play a vital role in bringing the company & the opportunity to life, in engaging candidates, and building the connection to make them want to join the company. The human touch and empathy are what build connections and create the feeling of happiness and excitement about joining a new team.

What are the top 5 soft skills everyone will need in the future:

• Communication skills
• Relationship building
• Adaptability
• Problem-solving
• Business Acumen

Interesting facts about Gen Z’s according to the report:

• Gen Z will reward employers who value development & diversity. They are more than 50% more likely to value career advancement & gaining new skills over Gen Xers.
• They are much more focused on having an inclusive work environment
• They don’t live to work
• They think corporate jargon is silly (so do I)
• They expect to be paid fairly