How to hire more efficiently in the new year

Recruiting is something many organizations are going to double down on in 2023, with labor shortages and recessionary conditions in the forecast. But what areas of expertise will they be focusing on as they interview candidates?

According to Insurance Business UK, skills (86%) and experience (82%) are easily the two most important factors that employers consider, garnering 86% and 82%, respectively.

However, a survey of 330 hiring managers and recruiters in the United States (U.S.) showed that personality (55%) outweighs candidates’ potential (46%), education (22%), and appearance (2%) during recruitment.

Amanda Augustine, a career expert for resume writing service provider TopResume, revealed that recruiters spend 80% of an interview determining whether an applicant will be a good fit for the team.

“Hiring the wrong person or accepting the wrong job offer are both costly mistakes,” she added.

Character important consideration

However, according to the Center for Management & Organization Effectiveness (CMOE), employers must ensure they hire by personality the right way.

“Hiring by personality is not the same as hiring the candidate you get along with best. It’s also not the same as going with your gut,” said the report.

When it comes to enticing workers to fill shortages, the same recruiters should remember that after more than two years of COVID, allowing employees to work from home remains a popular perk, and job advertisement copy is reflecting this reality.

The number of job postings mentioning remote work is at least three times higher this year compared with data from 2019, based on a seven-day moving average as of Sept. 30 on Indeed.

Jobseekers, meanwhile, are still eager to land positions that allow for remote work, said the report from Indeed and Glassdoor. 

“It turns out many workers don’t miss the office — but many employers do. This has led to numerous well-publicized conflicts between workers and employers, as some company leaders have tried to turn the clock back to pre-pandemic times,” said tech giant Microsoft. 

Tech tools and retirement income

To get the most bang for your recruiting buck, experts are touting software to streamline and magnify the process

Martin Herbst, CEO of JobAdder said that the more customers dig into the capabilities of contemporary recruiting tools, the more they get out of them.

Additionally, a robust pension plan will also draw in applicants.

“Workplace pension plans, especially defined benefit (DB) plans, produce undeniable value in recruiting and retaining talent, reducing stress, and increasing employee productivity in the workplace,” said Derek Dobson, CEO and plan manager at the CAAT Pension Plan.

As employers continue to pivot to meet evolving employee needs and expectations, organizations that support their workforce by helping them achieve post-career goals are standing out and making the right impression on current and prospective talent pools.

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