HR Trends to Pay Attention to in 2023

Feb 01 2023

The past few years, both during and post-pandemic, have introduced decades of change in the workplace in such a short time frame. In this blog we’ll take a closer look at some of the emerging trends in HR for the upcoming year and we’ll touch on some of the most important topics relevant to business owners in 2023.

 

People Trends
There are more women than men in the workforce now and this gap is expected to grow. Diversity in the workplace continues to grow too and research has shown that diverse teams are more creative, resilient, and innovative. We’re also seeing a truly multi-generational workforce like never before that is comprised of Boomers, Gen X, Millennials, and Gen Z employees who are struggling to understand each other. Our ability to work together, communicate thoughtfully, and educate each other can either cause strife or success. Understanding what makes each generation happy at work, capitalizing on the strengths they each bring, and knowing how they all fit into your organization will help bolster your company for long term growth.

 

Hiring Trends
It’s getting harder to hire. The pool of qualified candidates with marketable skills and desired experience is getting smaller. This means that candidates who do have the right skills may have the upper hand at an interesting time that coincides with a layer of economic uncertainty. When you combine this, with the emerging trends we’re seeing with Gen Z’ers and late stage Millennials who are proving to be less inclined to stay in jobs long term, this puts employers in a tricky spot. How do you hire and keep great people around—particularly those with the potential to develop into future experts and leaders? Take a fresh look at what makes your company appealing to potential employees and reexamine your workforce model and perks across multiple angles from productivity and compensation, to more substantial mental and physical health benefits. To learn what perks and benefits matter the most to your team, have an open discussion about it.

 

Operational Trends
If ever there was a time to work smarter not harder, that time is now. With burnout at an all time high, a mental health epidemic, and an increasing focus on mindfulness and wellbeing—people are more fragile in today’s workplace. How we work, and how we manage our time have become just as important as the quality of work that we put out. It’s a critical time to streamline cumbersome processes and upgrade outdated technology, but it’s also equally important to retain an element of connection both in the way that we work with our colleagues and in the way that we engage with our customers and clients. As industries change and remote work becomes not just situationally necessary but here to stay, innovation, human connection, and agility will bring success in 2023 and beyond.

 

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