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Writer's pictureHuman Capital Advisors

QUIET HIRING


We have another new buzzword to add to our vocabularies! In similarity to other buzzwords, "Quiet Hiring" is becoming a top trend for 2023. In this newsletter we are breaking down what it is and how we can use it to our advantage.

 
REMEMBER QUIET QUITTING, IT'S NOW QUIET HIRING

"The term "quiet quitting" went viral last year, describing people who stay in their jobs but mentally take a step back -- for example, working the bare minimum and not making their job the center of their lives. Now in 2023, there is a new workplace trend on the horizon, called "quiet hiring."


The term -- a way to obtain new talent without hiring new employees -- was declared one of the nine workplace trends of the year by Gartner, a technological research and consulting firm. The trend has understandably caught people's attention as it comes amid continued recession fears and a wave of tech industry layoffs. Here is what to know." Learn more


QUIET HIRING WILL DOMINATE THE US IN 2023

"A new year is here, and with it, a new workplace phenomenon that bosses and employees should prepare for: quiet hiring. Quiet hiring is when an organization acquires new skills without actually hiring new full-time employees, says Emily Rose McRae, who has led Gartner’s future of work research team since its 2019 inception, focusing on HR practices.


Sometimes, it means hiring short-term contractors. Other times, it means encouraging current employees to temporarily move into new roles within the organization, McRae says. “The reality for the next year is — whether or not we go into a recession — everyone’s a little nervous,” she says. “In a lot of cases, organizations are not necessarily doing a hiring freeze, or layoffs, but maybe slowing down a little bit on their hiring.” Learn more


HOW QUIET HIRING BENEFITS EMPLOYERS AND EMPLOYEES

"Quiet hiring isn’t just a win for the organization. It provides employees with the opportunity to work stretch assignments, grow their current skills, learn new skills, extend their careers — and ultimately become invaluable to their current organization and more marketable to others. There are also more immediate benefits to employees — quiet hiring doesn’t mean employees who volunteer for these kinds of assignments shouldn’t be compensated or rewarded in some way.


To capture the benefits of quiet hiring without risking attrition, organizations should expect to offer incentives, such as additional compensation, one-time bonuses, extra personal time off, flexible hours and working conditions." Learn More

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