According to the Talent Trends 2023 report prepared by LLYC in collaboration with DCH, habits and their way of conceiving work are already infecting other generations and the digitization and progressive humanization of work will mark the job market in the coming months
The labor market is undergoing a revolution led mainly by Generation Z professionals, born between the end of the 90s and the beginning of the 2000s. They are imposing a new way of working, in which it is possible to reconcile personal and professional life, in addition to paying more attention to mental health, engaging more on issues such as ethics and sustainability. This is what the report emphasizes Talent trends elaborated by LLYC extensionin collaboration with the DCH extensionthe International Organization of Human Capital Managers, presenting the key talent trends for 2023 and ways to address those changes.
This report indicates the ways to achieve the connection between common interests. Technology and AI can be platforms or gateways to a more humane, caring and environmentally committed world, which, essentially, is what talent expects from organizations and what organizations expect from them . We live in a new era that will break with traditional models, establishing faster, more efficient and flexible work processes, as well as the concept of mobility and workspaces.
The study reveals that digitization and the application of technology to processes, together with the progressive humanization of work, will mark the labor market in the coming months and this new phase is the result of the strength of generation Z, which should represent a third of the strength work in 2030 and which begins to impose its work culture on companies, with more flexible conditions and more ethical requirements. “This generation seeks unfiltered transparency, embraces fulfillment or fulfillment, and sees integration as the key to strengthening their relationship with the company. The immersive employee experience, the explosion of AI, and the role of the data office they will also be fundamental in the universe of talent research, where turnover is already normal,” underlines Naira Feldmann, director of Engagement at LLYC Brasil.
For Maria Obispo, Director of Talent Engagement at LLYC, 2023 will be a year in which HR will have to continue to adapt to this very specific moment in the relationship between talent and the company. “Power remains in the hands of increasingly demanding professionals. It is no longer companies that choose people, but people that choose companies, so it’s time to innovate, to reformulate what we do and to incorporate new capabilities (similar to those of marketing) to the teams to face the challenges that the future holds for us,” he adds.
According to the Talent Trends report, these are nine trends which will mark the talent management in 2023:
Z effect Generation Z has already begun to revolutionize the way we view the job market. Their determination and demands have not only made professionals more demanding of their organizations in terms of ethics and sustainability, but have also generated changes in the relationship with work, as this generation demands changes that allow for a better reconciliation of personal life and professional.
Immersive employee experience. The metaverse will be essential in showcasing what potential employees demand most: having the experience of working in an organization without having to belong to the company.
The explosion of Artificial Intelligence. The global Artificial Intelligence (AI) market is set to grow over 20% between 2022-29. This will enable the development of predictive analytics that aid in decision making related to talent management. AI helps improve recruitment processes with learning algorithms that automate candidate resume screening and chatbot embeds that can resolve new professionals’ concerns.
Data office. With the growth of telecommuting and the hybrid model, office usage has changed. To improve efficiency in the use of space and the Engagement with professionals it is necessary to look clearly at how data analysis also influences office management. The goal: to better understand how these places are used. Issues such as the use of meeting rooms and the usefulness of informal meeting spaces can be efficiently measured using Internet of Things (IoT).
The importance of integration. Several studies indicate that 90% of workers decide whether or not to continue in the company that hired them during the first six months. In this sense, the integration, even of onboarding, it is the first step in strengthening the relationship between the employee and the company, being an exclusive opportunity to create a good experience and integrate the professional into the corporate culture.
Open source culture change. In the unstable scenario that the world is going through, employees are increasingly reluctant to accept new processes, practices, technological updates, among others. Second report of Gartnerthe solution is to move from a pyramid model to a collaborative model through open source change strategies.
Embrace turnover. Phenomena such as the large resignations or the silent resignations that took place in 2022 have brought about a common reality in most organizations: the increase in unwanted turnover. Despite the challenges this poses for HR teams, it doesn’t look like this movement will slow down in 2023.
Transparency without filters. We live in the era of transparency. Companies must show themselves increasingly responsible to their boss stakeholders,and this means that employees are increasingly informed about the companies they choose to work with as well.
Of I commit The Realization. the making or Completion it is a state of fullness and total harmony between employees and companies, in which culture is formed by the mingling of personal and professional life – often influencing it.
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Camila Luna is a writer at Gossipify, where she covers the latest movies and television series. With a passion for all things entertainment, Camila brings her unique perspective to her writing and offers readers an inside look at the industry. Camila is a graduate from the University of California, Los Angeles (UCLA) with a degree in English and is also a avid movie watcher.