Breaking Down 2024's Hiring Trends πŸš€

Explore the evolving landscape of recruitment trends for 2024 as uncovered by Cpl’s Talent Evolution Group.

Breaking Down 2024's Hiring Trends πŸš€

Most of us know that 2023 was a rollercoaster ride due to economic ups and downs, making it tricky to find the right talent. But now, as we step into 2024, things are changing. New trends in hiring are popping up, promising a fresh way to do things. By talking to 900 big shots in UK hiring, Cpl’s Talent Evolution Group found nine big trends that will rule the recruitment game this year. πŸš€

DE&I Deprioritization 🌱

DE&I, which stands for Diversity, Equity, and Inclusion, is facing hurdles 🚧 in the start-up world. With living costs going up and skill gaps getting wider, 47% of startups are putting less emphasis on DE&I. But this move might affect trust and how long employees stick around. Finding a balance between short-term goals and keeping a diverse and inclusive workplace is crucial for startup success.

Accessibility Knowledge Gaps 🀝✨

Despite growing awareness about the importance of accommodating diverse candidate needs, a concerning 19% of UK firms lack established accessibility initiatives. This knowledge gap reveals potential deficiencies in navigating recruitment processes for individuals with diverse abilities. Closing this gap is super important to create a genuinely inclusive hiring space.

Worker Misclassification πŸ€”πŸ“

In the UK job scene, there's a lot of confusion about how to classify different types of employees. A massive 94% are unsure, and this can cause big problems like wrongly treating permanent workers as temporary ones. That mix-up can lead to legal troubles and make things complicated for companies. This year most of companies are going to focus more on this part.

AI Scrutiny πŸ€–πŸ”

Even though using Artificial Intelligence (AI) helps a lot in hiring faster, there's worry that the computer programs might not be fair. About 87% of people see how helpful AI can be for hiring, but there's a risk. If we're not careful, these computer systems might keep unfair practices going. For example, Amazon's AI hiring tool preferred men, showing how important it is to use AI fairly and watch out for biases.

Engaging Departed Employees πŸ“±πŸ’¬

With social media and reviews being a big deal, how companies handle their image matters a lot. It's surprising that when employees leave, 55% of them don’t get a chance to share their thoughts in exit interviews. This is a missed chance to learn why they left and how to make things better for other employees.

Return-to-Work Challenges πŸ πŸ’Ό

As 81% of workplaces move from remote setups back to offices, there's a challenge in blending the two types of employeesβ€”those working remotely and those in the office. It's super important that everyone feels treated fairly and involved, no matter where they work. Keeping the team together and productive means making sure everyone feels connected, whether they're at home or in the office.

Lengthy Approvals ⏳🀝

Complicated and slow hiring processes have caused delays for 92% of businesses, risking the chance of losing really great candidates. To fix this, it's important to simplify the steps for approving hires and make sure there's good communication. At Cross Path, we understand the struggle with slow and intricate hiring processes. Our aim is to help businesses hire top talent swiftly by offering access to a pool of expert recruiters. This way, awesome candidates won't lose interest while waiting for decisions to be made. ⏳🀝

Talent Drought 🌟πŸ‘₯

Shifting populations and changing job needs mean there aren't enough good candidates around. And with 79% expecting less money for hiring, it's tough. πŸ“‰ But there's a way out! Outsourcing recruitment helps find more talented people and fills the gaps in skills quickly. You can book a discovery call with us to discuss how we can hep you to overcome recruitment challenges.

Costly Talent Functions πŸ’Έ

Using fancy recruitment tech is pricey! It costs a lot to set up and keep top-notch talent systems running. On top of that, following rules and diverse standards needs even more resources. That's why 77% of companies think about getting help from outside for recruiting. They want expert help and to do things quicker. 🌟πŸ‘₯

As we navigate through these shifts, understanding the dynamics of DE&I prioritization, accessibility, classification, AI's impact, employee engagement, returning to offices, approval processes, talent scarcity, and costly talent functions becomes crucial. At Cross Path, we stand ready to assist in overcoming recruitment hurdles. Book a discovery call with us to explore how we can help you tackle these challenges and empower your recruitment strategies for success. 🌟πŸ‘₯✨