5 trends that leaders must apply to successfully face the challenges of 2023

The pandemic has led leaders to change the way they lead and the way employees work, so it is important to specify that these changes need to be part of the company culture and not just temporary action, as leadership focused on the needs of workers is now required as remote work is here to stay.

“There won’t be a return to ‘normal’ that many seem to be hoping for,” says Svenja Gudell, Indeed’s chief economist, so leaders need to have a clear picture of what’s to come and look beyond a short-term business cycle. . Given this, Indeed in collaboration with Glassdoor launched the study “Hiring & Trends in the Labor Market 2023”, where they point out the five main trends in the labor market that help leaders successfully face future challenges.

Remote work is here to stay

Remote work will continue to thrive in companies as positions that offer remote work have substantial potential to attract a global pool of candidates. Because, in theory, remote jobs that can be done from anywhere are a particular appeal to applicants employment from foreign countries.

“While recruiting new employees is still limited within national borders due to legislation and other barriers in each country, many hiring managers already compete with employers across the country and even around the world.” Warns Madalina Secareanu, Indeed’s Senior Manager of Corporate Communication for LATAM.

Benefits can be a differentiator

Employee priorities, including wages and benefits, are changing, and inflation plays a key role. This can be seen in all jobs, not just those that traditionally offer allowances or other benefits.

A recent survey conducted by Indeed in Mexico revealed that 65% of respondents rate benefits such as health insurance, transportation assistance, food, and paternity leave as the most important factors in accepting a job offer. The benefits, therefore, provide ways for employers to differentiate their organizations and make their job offers more attractive.

Promotes the well-being of employees

Company culture helps attract and retain talent, plus 46% of people say their expectations of happiness at work have increased in the last year, and 86% say the way they feel at work affects how they feel at home.

According to Indeed, the key pillars that contribute to well-being at work are: belonging, inclusion, flexibility, trust, appreciation, growth, having a good leader, fair compensation, energy, satisfaction, not experiencing unnecessary stress, and meaning. of purpose in the company.

Improve recruitment strategies

The shortage of professionals has a fundamental impact on the labor market. Not only will it be more difficult to hire, but as a result, employees will have more power to influence change within companies.

Given this, Madalina says that companies should begin to focus on improving your recruitment and retention strategies, since with the insufficient number of professionals available in the labor market, most companies look for the same candidates. To attract the best talent, they need to be outstanding, you can start by addressing shortages or providing flexibility in areas like working hours, which is critical to attracting and retaining the best candidates.

Promotes diversity, equity and inclusion

Diversity, equity and inclusion (DEI) will continue to be a priority, since 49% of those surveyed would consider change jobs due to discrimination or harassment with themselves or with others in the workplace.

Promoting policies and programs with spaces for the participation and appreciation of these groups in different areas, positions and functions, also encompasses diverse trajectories, experiences, skills and knowledge, enhancing the innovation and cooperation capacity of the teams and of the organization as a whole. Having a team dedicated to developing DEI is one way to exercise diversity practices.