Top HR Trends Emerging in 2023

2023 is hardly days away and there seems to be hype among most HR professionals to check out the top HR trends emerging in 2023. While a lot of HR strategists have already started planning and strategizing the coming year’s plans, others have yet to check out the trends. Hence here are some of the top trends that are predicted to be ruling the year 2023. In this article, you will get to check out the top 10 recruitment industry trends along with some additional data on the trending jobs and skills you need to keep an eye out for!

• Diversity, Equity, and Inclusion

67% of job seekers consider workplace diversity an important factor when considering employment opportunities, and more than 50% of current employees want their workplace to do more to increase diversity. 

Diversity, equity, and inclusion have been one of the hot topics over the past few years. There are multiple sessions kept in various organizations to spread awareness about diversity. It is also expected that diversity will take a new form in the upcoming year. 

• Recruitment Automation

56% of companies using AI for HR are trying to automate repetitive tasks. 

Recruitment automation platforms are now taking a big step forward by helping out organizations automate various repetitive tasks and hence save a lot of time. This is expected to increase much more in the year 2023. 

• Alters in recruitment strategies

Attracting quality candidates is the biggest challenge for 76% of recruiters. This is leading to re-strategizing various plans and trying to come up with innovative ideas that will help overcome the challenge. As every year there is a change in the plans brought up by HR based on what is working and what did not work in the past year, there is a higher expectation in the year 2023. 

• Work Culture

94% of entrepreneurs and 88% of job seekers say that a healthy culture at work is vital for success. With this being kept in mind, HR leaders have started taking work culture as one of the top priorities to focus on, in the year 2023. 

• L&D Initiatives for Essential skills

According to City & Guilds’ annual skills index 2021, 30% of UK workers say they have not received formal workplace training in the last five years. The number still being high, needs to be focused on. It is hence important to keep an eye out for L&D initiatives for essential skill development. 

• Fallout due to digital transformation

Digitization is now a matter of business survival, say 27 percent of managers. This digitization has however led to fatigue amongst employees which have made it quite essential for HR leaders to focus on employee well-being as one of the top priorities. 

• Social Media

70% of managers have had success hiring through social media. With such a high number of successful hiring, social media is definitely the way forward for talent acquisition in 2023 and is also considered to be one of the top HR trends emerging in 2023. There has hence been a focus on identifying how to utilize social media as a medium for efficient recruitment. 

• Employee experience

According to new research of more than 600 US businesses with 50-500 employees, 63.3% of companies say retaining employees is actually harder than hiring them. This indicates that the competition for recruiting talents and retaining them is on a rise. With 2023 opening up great opportunities for a lot of job seekers, it has become essential to focus on the employee experience and to ensure that they are provided with the required training. 

• Future of the work environment

55% of employees want to work remotely at least three days a week. This has led to the new idea of a 2023 hybrid work environment. Most HR professionals are also trying to help employees adjust to this new type of work environment. 

• Effectiveness of Leadership training

While 83% of organizations believe it’s important to develop leaders at every level of the company, only 5% of businesses have implemented leadership development at all levels. It has hence become a top priority for HR leaders to train employees at all levels on how to become great HR leaders and how to lead a team efficiently. 

Top 5 in-demand Skills 2023

While talking about the trends it is also important to keep in check the skills that will be more in demand in the year 2023. 

McKinsey analyzed the 25 most common skills, finding that by 2030, the demand for technological, social and emotional, and higher cognitive skills will rise 2030. With such a huge demand for skills, it is important to train your employees and find candidates who possess these top five skills:

1. Data Skills
2. Artificial Intelligence
3. Blockchain
4. Sales & Marketing
5. Creativity

Top 5 in-demand Jobs 2023

There will be approximately 8 million job openings available by 2023. This has led to HR professionals wanting to know more about the trending jobs that will take over the year 2023. 5 of the top trending jobs can be provided as follows:

1. Data Scientist
2. Cloud Developer
3. Blockchain Engineer
4. UX Designer
5. Cyber Security Engineer

Wrapping up

With these top HR trends emerging in 2023 and with various skills and job demands rising, it has become important to strategize accordingly and go ahead accordingly. Now download the full report to learn more about these 10 trends and more statistics on how these trends are going to affect the HR industry and the decisions that are being made. It will also help you understand the challenges that might possibly come up and how to tackle them along with some great learnings through HR leaders.