Home News Businesses in the United States Anticipate More Hiring in the First Half of 2023

Businesses in the United States Anticipate More Hiring in the First Half of 2023

Businesses in the United States Anticipate More Hiring in the First Half of 2023

Despite market volatility, companies across the country have plans to hire early this year and are scrambling to staff up, research from talent solutions and business consulting firm Robert Half shows. According to the company’s State of U.S. Hiring Survey of more than 2,000 hiring managers, 58% of respondents anticipate adding new permanent roles during the first half of the year, up from 46% six months ago. Another 39% expect to hire for vacated positions. Managers in technology (64%) and finance and accounting (62%) have the greatest full-time staffing needs.

Good Hires Are Still Hard to Find

While many companies are eager to hire, 9 in 10 managers said it’s challenging to find skilled professionals, on par with results from the prior State of U.S. Hiring Survey. Employers also reported it can take up to 11 weeks, on average, to hire for an open position, up from 7 weeks in 2021.

“Hiring tends to pick up at the beginning of the year, as budgets have been approved and teams seek additional support for initiatives that will drive business growth and customer retention,” said Paul McDonald, senior executive director of Robert Half. “As job openings and turnover remain high, employers need to play offense – and be prepared to negotiate – in order to recruit and retain skilled talent.”

More Employers Will Leverage Contract Talent

According to the research, 72% of managers plan to hire more contract professionals in the first half of 2023, compared to 45% six months ago. Those in finance and accounting and legal (78% each) are most likely to increase their use of contract talent. “Contract professionals can quickly step in to help with critical projects and heavy workloads while companies continue their search for permanent employees,” McDonald added.

Interviewing Takes a Village

Despite hiring challenges, employers said they conduct about four interviews with a candidate before extending a job offer. Beyond skills, the top traits they look for in potential hires are:

  • Knowledge of the company
  • Timeliness and professionalism during interviews
  • Passion for the company’s mission

McDonald noted, “Pressure to hire for open positions quickly can lead to hasty decisions – and mistakes. On the flip side, a drawn-out interview process or overemphasis on one or two priorities are barriers to bringing on top talent. Employers should aim to get a well-rounded view of candidates while remaining efficient and consistent.”

Eskalera, a Startup Led by Goldman Sachs’ Former HR Head Has Launched a Diversity and Inclusion Index

Eskalera, a technology startup led by Goldman Sachs former human resources head Dane Holmes, has launched an index to measure corporate diversity and inclusiveness, the firm said on Thursday.

HSBC to Remove 35,000 Jobs Amidst Covid-19 Crises

HSBC Holdings Plc has restarted cutting as many as 35,000 jobs, three months after the coronavirus outbreak forced it to pause a long-awaited overhaul...

Genpact Offers Its Internal Skill Training Program Globally for Everyone

Genpact has announced Adapt and Rise, a role-based online learning platform that leverages Genpact's expertise honed from delivering real-world change for hundreds of clients....

San-Francisco Based Learning Platform Degreed Has Raised $32 Million in New Funding

The upskilling platform, Degreed, has announced $32 million in new funding in direct response to overwhelming demand for better skill insights, talent mobility, and...

Research Shows the Implications of Workplace Layouts on Employee Productivity and Overall Performance

As some workplaces prepare for the gradual return of employees and overhaul office layouts and seating plans, research has shown this could also have...

Employee Concierge ‘Back Technologies’ Integrates Automation Into Internal HR and Other Support Tasks

Companies are under increasing pressure to automate workflows and digitally service their employees, particularly in light of trends toward remote work. It takes an...

HR Strategies to Help Your Business Navigate the New ‘Normal’

No business is immune to the massive changes resulting from the health crisis. Organizations have proven themselves to be agile, and employees have demonstrated...

The Importance Of Diversity And Inclusion In HR, Hiring, Talent Management: Thoughts From A Top Expert

Michael C. Hyter is one of today’s best-known experts on inclusion and diversity and the author of The Power of Choice: Embracing Efficacy to Drive Your Career and The...

HR Expert Highlights Actionable Steps to ‘Make Real Change’ Against Racism in Your Workplace

Kyra Leigh Sutton, Ph.D., is a faculty member at the Rutgers University School of Management and Labor Relations, where she teaches human resources courses...

Adidas Employees Want Company to Investigate HR Chief for Response to Racial Issues

A group of Adidas employees from around the globe is asking the company to investigate its chief human resources officer, as part of a...