Workplace Trend Predictions For 2023

Another new year represents new challenges and opportunities in all facets of life, and the workplace is no exception. January 1st doesn’t mean a legally binding change must occur, but experts are able to look toward the future and make predictions about what the new year can hold.

As we’ve done in previous years, we took a lot at the top trends experts expect for 2023. As always, there’s no guarantee how things will play out—we aren’t fortune tellers. But consider these workplace predictions as you contemplate 2023:

Quiet hiring

“Quiet quitting” was a popular buzz phrase in 2022, the idea being that employees would do the bare minimum to keep their job while being mentally checked out. This concept keeps a position filled but stops an organization from gaining the full benefits.

In order to counter this, Gartner contributors Emily Rose McRae and Peter Aykens believe that smart HR leaders will embrace “quiet hiring”, or a way to bring in new skills and capabilities without hiring new employees. They believe this can be accomplished in three key ways: a focus on internal talent mobility, upskilling and training opportunities for current employees, and alternative approaches to bringing in talent such as temporary workers.

A focus on retention

The Great Resignation of the past few years saw a great number of workers departing their current roles to find something that better aligns with their values and happiness. This has created many job openings, but many companies have struggled to fill their open vacancies, leading toward 2022 being a year that favored employees.

“The gap between the number of people seeking work and the number of open roles remains wide, meaning that effective hiring and employee retention tactics remain highly important.” –Emeritus

Finding and training new talent is an expensive process. Visier’s Amy Furr cites that the average cost to replace an employee is roughly double their salary. Amidst the struggle of acquiring new talent, companies are looking for ways to increase their retention, including investing in employee development initiatives, offering more opportunities for advancement, and training new skills.

Hybrid work models

Remote work saw a massive surge thanks to the pandemic, but with many Covid restrictions being phased out, many companies want workers back in the office. The availability of entirely remote jobs is quickly decreasing, much to the justified chagrin of potential employees.

The sweet spot continues to be in hybrid work models, having employees come into the office a few times a week while still working remotely on other days. This provides the opportunity for freedom and flexibility while still offering the chance for in-person communication and a space for collaboration.

Robert Boersma notes that many companies want to make sure those out-of-office hours are being used correctly and will take measures such as tracking hours or monitoring software, but this is a quick way to erode trust and lose employees.

Increased focus on DEI

Many companies are making efforts to implement Diversity, Equity, and Inclusion (DEI) programs. A Good Hire survey found that 81% of participants would consider quitting if a company isn’t truly committed to DEI. These programs are excellent for educating employees and making sure everyone’s voice is heard. But not every organization does so effectively.

“In addition to potential turnover issues, failing to prioritize DEI can lead to major financial losses. Accenture has found that companies are losing over a trillion dollars a year due to their lack of DEI efforts.” –Emeritus

Emily Rose McRae and Peter Aykens note that many of these initiatives are pushed back against by a significant portion of employees, which can disrupt the efforts. Learning how to handle opposition and educate more efficiently will be crucial in making sure these efforts aren’t in vain.

A shorter workweek

Finally, we see a trend that many employees will be especially excited about—a reduced work week.

Tracy White Brown, Chief HR Officer at Clark Nuber, believes more companies will take a serious look at the 32-hour work week. Not only will this make employees happy while letting them keep earning, but it will have tangible benefits for employers as well. A shorter work week creates higher morale (leading to increased retention), will make workers more productive with the hours they have, will cut down on distractions, and will make the organization more attractive to new candidates. Finally, it helps with sustainability and lowers a company’s carbon footprint.

Wrap up

Employees want more than a good paycheck. They seek value in their work and strive for a good work-life balance and high quality of life. Many of 2023’s hottest trends seem to follow that line of thinking. By providing skill opportunities and diversity initiatives for employees and allowing for flexibility, companies will create a better environment for their employees, leading to a happier, more fulfilled, and more productive workforce. 2023 has the potential to be an exciting and innovative year!

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How To Update Your LinkedIn Page For 2023

With many companies ramping up hiring in January, the beginning of the year is a great time to start or resume a career change. That means it’s an ideal time to update your resume and tweak your documents. But don’t stop there! A well-maintained LinkedIn profile is essential in the modern landscape, so the new year represents a chance to make sure your profile is up-to-date and easy on the eyes.

“When people want to research you in a professional capacity— even people who work down the hall from you—they’ll typically go directly to LinkedIn and type your name in the search box at the top of the screen.” –William Arruda, Forbes

Even if you aren’t looking for a job right now, it’s a good idea to keep your LinkedIn updated. You never know when a new opportunity may come your way, and many believe the country is heading toward a recession. Be prepared for anything the new year may throw your way by taking these steps toward a revamped LinkedIn profile!

Update your headshot

The first thing a recruiter or hiring manager will see on your profile will be your photo. Just like with dating apps, you always want that photo to actually look like you! While you likely aren’t trying to catfish an employer with your looks, it’s still best to have a current professional photo.

If you don’t have a professional photo, now is the time to take one! And even if you have one, it’s never a bad idea to update it with a more current one. Make sure you’re in proper attire for your field and that the photo clearly shows your face.

Aspiration Marketing says to not neglect your background or banner picture, either. This often underutilized spot can highlight you in different ways. Whether it’s a shot of you in action, highlights something you’ve accomplished in your field, or sets the tone you’re trying to portray, you can make this real estate spot work for you and stand out.

Find the right headline

Your photo will be the first thing visitors notice, but your summary section is a close second. Your headline, in particular, will drive your traffic. The correct headline sells exactly who you are, what your skills are, and what you bring to the table. The wrong headline can be vague, meandering, or boring.

Work It Daily’s Jenna Arcand writes that it’s a mistake to only list your name and current job title. You want to optimize your limited space by utilizing the right keywords and highlighting your four or five most valuable skills. This requires some research and a good base of knowledge of the most desirable skills in your field. This will make sure you appear in searches and that recruiters can find you.

“Write for your target audience. For example:

Advertising Sales Rep helping clients create winning branding strategies. Over 300 successful clients.

Just like that you’ve told them your job, what you bring to the table, and provided a little credibility easily and effectively.” –Ken Chase, TopResume

Spruce up the language

While your headline is going to bring in your audience, you want to keep them engaged throughout. That means you should utilize keywords, trim up the word choices on past positions, and highlight the correct accomplishments.

We’ve discussed the importance of tailoring your resume toward the position you seek with keywords, and that advice holds true on LinkedIn as well. If you want to show up in searches, you need the right keywords. And the right keywords will show that you’re clearly capable of doing the job you seek. Make sure to use action verbs and add the accomplishments you’re proud of.

TopResume’s Ken Chase says not to neglect your skills either. Again, look at the most desirable skills for your industry and make sure those skills are visible on your profile, especially in your actual skills section. By tidying up the language of your profile, you’ll appear like a new, even better candidate.

Use engaging media

But text alone won’t get you everywhere. Hiring managers only have so much time to read each profile, and looking at so much text can make the eyes glaze over. Attract their interest and stand out from the crowd by including relevant media!

LinkedIn’s Tequia Burt stresses the importance of finding the right images and videos to stand out from the crowd. Whether you’re a job seeker or a company looking to expand your brand, you can upload native videos directly to your profile as well as your own images. This can be a way to highlight big projects you’ve done or show off some of your creative portfolio.

If you’ve written anything off-site or had your accomplishments highlighted elsewhere, you can directly link the relevant material to your profile to save hiring managers an extra step.

Add some personality

While taking these steps, don’t be afraid to make your profile feel like your profile. That is, make sure to show off your personality.

Resume Worded reminds us that a resume and a LinkedIn profile are different tools. While you still want to be professional, you can afford to take more creative liberties with your LinkedIn profile. Don’t forget, it IS a social media platform. You can feel free to add personal details beyond work, directly tell potential employers what you’re looking for, and give them direct ways to contact you.

Wrap up

Having an online presence is essential for the modern job search. Even if you’re a savvy LinkedIn user, chances are, you can make some needed updates to your profile to bring in the new year. Taking these steps now will make job searching and networking easier throughout the rest of the year and set you ahead of the competition!

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Recapping Our Top Five Articles From 2022

In 2022, we started to regain some normalcy after two years heavily influenced by the pandemic. We hope that 2022 was a productive and fruitful year for you and that you continue to find success moving forward. We wish to take the time to thank our readers, the candidates, and the clients we work with daily for your support and for working with us in 2022.

In this time of reflection leading up to 2023, we took some time to review your favorite articles from 2022. Whether you’re starting a job search, looking for a little more value in your career, seeking industry knowledge, or navigating the tricky waters of a career change, these five articles particularly resonated with our audience and have something for everyone!

‘Let Go’ of Your Fear of Being Fired

Within the uncertainty of COVID-19 and detachment felt by many remote working employees, fighting through the fear of being fired is a common anxiety making work much more difficult for employees. Operating under this fear can be detrimental to daily job performance and mental health. It does not discriminate against rank, location, or industry. Similar to stress (and often inducing stress), fear drives us to a poor work-life balance and career burnout.

The first step towards seeing change is acknowledging your thoughts and accepting that they are not your reality. Initially revealed by Susie Moore, we break down five specific reasons you can and should push back against the fear of losing your job. 

Watch Out For These Red Flags On Your Next Job Search

In wake of the Great Resignation, many organizations are rapidly trying to attract talent. It’s a good time to be a job seeker, as experts believe 2022 is a year favoring employees. But while many companies are hiring and job seekers have a plethora of options, not all of those options are good. Navigating the job market can be like walking through a minefield as you try to avoid questionable organizations.

Thankfully, a well-prepared job seeker can avoid these “mines” by recognizing the red flags these organizations put out. Whether in the job description itself or based on statements you hear in an interview, there are telltale signs you’re heading for an unpleasant role. We’ll cover six of these major red flags to avoid during your next job search.

Thought-Provoking Questions To Ask Your Interviewer

Employers take tremendous value in the questions you ask during an interview because they will reveal your level of preparation, engagement, and curiosity for the position. Quit focusing on yourself and how your personal needs will be addressed in the role. Instead, ask stimulating questions to produce a quality conversation that reveals you are invested in the team’s betterment and showcases your unique value.

Captivate your interviewer and position yourself as the ideal candidate by asking these five questions:

Understanding And Overcoming Ghosting In Your Job Search

The dating world is scary enough as is, and that’s before considering the potential ‘ghosting’ that can occur. Ghosting, a phenomenon where a prospective partner ceases all communication, is common in dating. Another, more promising option will come along, some circumstances will take up a person’s time, or the person may simply resolve it’s better to disappear than have a difficult conversation.

While frustrating enough in the dating world, thanks to the sheer amount of potential applicants and the ease of using technology over face-to-face communication, ghosting has become extremely common in the hiring stratosphere as well. You may have a phone screening or even an interview and never hear from the company again. Recruiters may find a promising candidate, help them along their hiring process, and then get left on read.

We’ll examine the data behind ghosting, look at why ghosting happens, and provide job seekers will some ghostbusting strategies.

Assessing The Mortgage Industry: Top Trends & Statistics

Is the U.S. housing market overheating? Within the stability of low mortgage rates and high buyer contention, the housing market continues to be highly competitive. While it is a great time to be in the market for a loan, borrowers don’t quite have their ‘pick of the litter’ like in times past. Home prices continue to rise, as does the volume of offers placed on each listing. 

“Demand is robust throughout the country, but homebuyers continue to be held back by the lack of homes for sale and rapidly increasing home prices.” – Joel Kan, MBA Economist.

After assessing various expert opinions, knowledge, and studies, we have constructed the ultimate guide to the latest Mortgage industry trends and statistics entering 2022. Courtesy of the industry professionals with The Mortgage Banker’s Association, Fannie Mae, Forbes, Wall Street Journal, Bankrate, The Motley Fool, TIME Magazine, & more!

Wrap up

As always, we’d like to thank all of you for your support in 2022! If you’ve missed out on any of these career tips, we hope you take the time to review them today!

Don’t hesitate to let us know what kind of articles were your favorite and what you would like to see from our content team in 2023!

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How To Respectfully Resign From Your Job

It’s rare for workers to stay with one organization through their entire career in the modern job climate, especially in the wake of the pandemic. The Great Resignation is still ongoing as new opportunities evolve and employees seek value from their employers. Regardless of the reason, at some point, it’s likely that you’ll resign from your current job.

Even if you’re choosing to leave because your boss or your current job is a nightmare, you’ll still want to follow the proper etiquette when quitting. You don’t want to burn any bridges you may need down the road or provide your new employer with any red flags! Leave on the best possible terms by embracing these guidelines.

Gather anything you may need

Before you set things in motion, make sure you have everything you need from your current job before resigning. Once things are set in motion, you’ll never know how things could play out. Even when giving advanced notice, you may be asked to leave or be terminated before that final proposed date.

Alison Doyle suggests saving any files you may need access to on a flash drive, the cloud, or through an email copy. You may have lists of contacts or projects you have the rights to that you could lose access to. You’ll also want to clear out any personal details or emails on any work-owned devices.

While doing this, don’t give any indication otherwise you’ll be quitting, such as taking down personal photos.

Don’t tell your coworkers first

You don’t want anyone to know you’re quitting before you’re able to give the official notice to your boss, which is why you keep your personal photos and such up. Even if your trust your coworkers, there’s a high chance the information will get leaked.

If your boss hears you’re quitting from a third party, it can sour their mood and have the exit process take a turn for the worse. They may not respect how they heard this and take it personally, and you’ll lose them as a reference in the future. In fact, you might turn them into an obstacle down the road.

Give advanced notice (in person if possible)

Not only should you let your boss be the first to know you’re leaving, but the notice should be delivered in a formal resignation letter.

“If you hate your job, you likely want to get out as soon as possible. However, leaving before giving two weeks’ notice could potentially hurt your reputation and your chances of getting hired in the future. Plus, during that time, your employer will need at least two weeks to ensure that your duties get distributed to other employees until they hire a replacement.” –Dillon Price, Monster.com

A short but detailed letter is the way to go, according to Ian Taylor. It doesn’t need to be a novella, but it should be more formal and explanatory than “smell ya later.” Ian says to clearly state your boss’s name, your position, and your expected final day. Take him to thank them for the opportunities you were granted, and try to list some positives and things you’ve learned. Finally, end by offering to make the transition as smooth as possible. For more details and examples, check out Ladders’ Ashley Jones’ excellent guide.

If you’re able to deliver this in person, do so, recommends Allison Doyle. Set up a formal meeting time to deliver your resignation and discuss related manners in a distraction-free setting. They may try to talk you out of it, but if your mind is made up, stay strong but polite.

Be careful with your wording

Even if you’re leaving because of a toxic environment, you’ll want to stay professional. Don’t mention the toxicity or things you hate about your job in your resignation letter or exit conversations, even if your internal voice is screaming for it.

Forbes’ Jennifer Landis-Santos says to consider your legacy. What words do you want to define your tenure with the organization? Not only will this be good for your future endeavors, but it will help you keep perspective when choosing your words. You want to stay classy and take the high road! You may still get mixed reactions, but that’s business.

“Focus on the skills you have learned, the friendships you have made and the positive experiences you have had when talking to people in your current and new place of employment.” –Indeed

Say goodbye

Even if you’re leaving the job behind, you probably won’t want to cut ties with every relationship you made.

Forbes’ Julia Wuench says to send a goodbye email to your team on your last day to bid your good wishes and thank those that have assisted you. You’ll likely want to stay in touch with some coworkers as friends or as networking partners, and this act shows that you view your colleagues as fellow people.

Keep communication open with your valued colleagues, and, if possible, be there for your replacement during the transition phase. These small acts of kindness could pay off in the long run, even if you hated your job.

Wrap up

Even if you’ve already got an amazing offer lined up, don’t leave your previous job on negative terms. Be respectful, be direct, give notice, and be prepared for extra complications like being asked to leave before your final date happens or being asked to complete an exit interview. If nothing else, you’ll leave on terms you can feel good about, and you may have valuable contacts down the road!

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Conducting A SWOT Analysis To Find The Right Career

Only you can decide the right career path for yourself, but there are a myriad of tools available to help you self-evaluate and guide yourself to the best decision. Whether you’re a fresh graduate, a former athlete entering the workforce, or an experienced professional seeking a new path, there are tools to help you find the right path.

One of these valuable tools is the SWOT analysis. This strategic planning technique is used to identify Strengths, Weaknesses, Opportunities, and Threats. SWOT is used in many industries to make important decisions, and you can adapt it to your personal needs to paint the path to a truly rewarding career! We’ll analyze each letter and how you can conduct a rewarding analysis for yourself!

Strengths

Strength is what it sounds like on the tin—what are you good at? This is where you can kick modesty to the curb and really hype yourself up. What sets you apart from others? If you do have trouble celebrating your own accomplishments, don’t hesitate to ask for feedback. Your inner circle might see things in a different light.

Job Hunt’s Don Goodman suggests the start with the strengths you have, especially ones you particularly enjoy, and then relating them to demand in the marketplace. Modern job descriptions commonly list the skills needed to thrive in that position, giving you an easy way to see what is in demand.

Look at the experiences you’ve had and categorize your skills into hard and soft categories. Many of these skills will be transferable in many industries, but this should overall position you towards finding industries suited to your personal strengths.

Weaknesses

While it’s easier to hype ourselves up, it can be challenging to name our weaknesses. But knowing what your weaknesses are is crucial in learning to overcome them or to know what career paths you may not be suited to. Again, be honest with yourself!

Comparison is the thief of joy, but Forbes’ Trinity Aikens believes comparing yourself to your peers in this case can answer some tough questions. What do you struggle with compared to your peers, or what takes you much longer than your peers is a good way to gauge if something is a weakness.

“Do other people see weaknesses that you don’t see? Do co-workers consistently outperform you in key areas? Be realistic – it’s best to face any unpleasant truths as soon as possible.” –Mind Tools

Opportunities

When you know your strengths and weaknesses, you can apply them to the grand scheme of things. What opportunities are out there for someone with your strengths and weaknesses? Indeed views opportunities as the external options available to you.

When you look at the things you excel at, what career opportunities come to mind? Is there a niche that you can fill? Because you took the time to list out your skills, new ideas you hadn’t considered previously may manifest.

Consider how technology keeps evolving and creating new opportunities. My position writing weekly blog posts catering to job seekers wouldn’t have been something fathomable in my childhood. Always be willing to reevaluate the current market to look for new and emerging trends.

“Like the people, mostly women, who were excellent typists in the 1990s saw the need for typing skills disappear as computers and word processing software became much more common and reliable, look at where the demand for your strengths may be increasing.” –Don Goodman

Threats

The inverse to opportunities, what outside circumstances could hamper your ability to seek out these new opportunities? The nagging voice in your head telling you what could go wrong is annoying, but in this case, hear it out and write what comes to mind.

Is there anything that could keep this potential career path from being viable in the near future? Look at things like the strength of the market, the amount of competition, and the necessity of the niche. Monster’s Dawn Papandrea suggests researching potential threats or trends you may need to contend with so you can start countering them.

“Moving outside your comfort zone will keep you from simply reinforcing your existing beliefs. Be unflinching in revealing faults and weaknesses, but also in celebrating your personal strengths.” –Marci Martin

Wrap up

With the list done, you can create a plan of action based on your data and begin the journey to career happiness. Remember to be honest with yourself during this process. The personal SWOT analysis is meant to answer questions about yourself and guide you to a promised career. You aren’t trying to impress anyone, and you won’t get the results you seek unless you’re truly introspective. Don’t be afraid to get feedback if necessary. With luck, the results of this analysis will paint a clearer picture and steer you toward the career you deserve.

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