TRENDING IN TALENT: DECEMBER 2023 REPORT
Dive into our unfiltered take on the hiring trends we predict will shape the recruitment industry in 2024. From contract work becoming the new norm to retirees making a comeback in the workforce, we're sharing our seasoned insights and getting real about what's to come in 2024.
AI, DEI and Hiring: Tomorrow’s Workforce
This year at Monday, we continued our efforts in advocating for organizational change within the companies we work with and partnered with clients to broaden the candidate search to tap into incredibly diverse talent. However, we recognize that specializing in diverse talent isn’t something that every recruiter or hiring manager is equipped for, which is why artificial intelligence can be a game-changer for connecting companies with more diverse talent pools.
However, AI is not a silver bullet cure-all - it also comes with risks. In this post, we’ll explore the main positives AI can bring to the table, along with a few ways it could actually undermine inclusion efforts if not thoughtfully applied. We’re sharing the highs and lows of AI, DEI, and hiring.
Riding the Freelance Wave: The Rise of Contract Work
From accessing a vast pool of specialized talents for specific projects to optimizing costs by tailoring teams based on real-time needs, the corporate world is witnessing a paradigm shift that aligns with the demands of the modern workforce, and that’s contract work. We're diving into the why and how behind the surge in popularity of contract careers and uncovering the myriad ways it's proving to be a game-changer for both employees and employers.
Retirees are Returning to the Workforce
Let's candidly discuss an unexpected employment trend - retirees returning to work out of financial necessity rather than choice. During COVID-19, many older Americans opted for early retirement, spurred by impending layoffs and the allure of home. However, economic instability now sees numerous retirees rejoining the workforce, trading retirement dreams for a second career just to make ends meet. With empathy and inclusive hiring, companies can provide meaning and economic stability while benefiting from seasoned expertise. The circumstances are tragic, but the potential mutual reward warrants open-mindedness. We’ve outlined ways to seamlessly welcome retirees back into the workplace in 2024.
