Five trends that will shape recruiting in 2024
The world of work continues to change rapidly.
As we step into 2024, our Toronto recruiters are seeing several recruiting and hiring trends emerge that we will be keeping our eye on in the year ahead in this competitive job market.
Here are the top five trends that will shape recruiting and hiring in 2024:
Flexible and remote work
The concept of remote work, accelerated by the global events of the last four years has evolved into a fundamental concept in the job market. We know that candidates prioritize roles that offer flexibility in work arrangements, and job posts that are listed as remote or hybrid get significantly more applicants. For hiring organizations, this means that highlighting your company's remote or hybrid work policies can significantly enhance your appeal to top-tier talent.
Artificial Intelligence (AI) is revolutionizing every industry, including recruitment and hiring. In 2024, hiring and recruitment teams will continue to adopt AI-powered tools to streamline sourcing, screening, and even candidate engagement. Our Toronto recruiters are excited at the potential for these these tools to transform how we source, screen and interview candidates.
While technical skills remain crucial, the emphasis on soft skills is growing. Over the last few years our Toronto recruiting team has seen more and more organizations in all industries recognize the importance of attributes like adaptability, resilience, curiosity, communication, and emotional intelligence. Job descriptions increasingly are reflecting this shift by explicitly mentioning the soft skills required for success in the role. Screening for these soft skills and values has always been a part of our comprehensive research and interview process and its a key element of finding the right talent for the right opportunity.
Candidate experience as a strategic advantage
The candidate experience is a key differentiator for organizations looking to attract top talent. In 2024, more and more organizations will invest in creating a positive and engaging candidate journey. This includes responsive communication, transparent hiring processes, and personalized interactions at every step of the candidate journey.
Upskilling and Continuous Learning
The jobs of tomorrow will need new skills and expertise that employers and employees need to invest in now. In 2024, we anticipate more companies recognizing the importance of upskilling and continuous learning. Companies that invest in employee development programs are also more likely to attract top talent.
These are some of the key 2024 labour market trends our executive recruitment team is monitoring. These trends are applicable across roles and across industries, from technology to manufacturing and supply chain.
Not sure where to start? We can help.
At South End Partners, our Toronto executive recruiters work with large and small organizations across industries (from technology, to manufacturing and supply chain, to sales and operations) to help them find the right leaders for the right opportunities using an objective, data driven approach.
We also provide comprehensive HR consulting services including onboarding support, interview coaching and training, and strategies to develop your superstar teams.
Reach out to find out how we can help you today!