Hiring Trends to Look Out For In 2023

The world is changing rapidly, and with technological advancements, evolving workforce expectations, and demographic shifts, businesses need to stay on top of hiring trends to attract and retain the best talent. In this article, our top recruiters will share their insights on the key hiring trends for 2023, including the use of AI in hiring, the importance of diversity and inclusion, and more. Whether you’re a hiring manager or a job seeker, this article will provide valuable insights to help you stay ahead of the competition and build a successful hiring strategy for 2023. So, let’s dive in!

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Tips for Semiconductor Companies to Keep Up with Hiring Demands

According to a report by the Semiconductor Industry Association, the global semiconductor market reached a record high of $464 billion in 2020, and is expected to continue to grow in the coming years. [X] This growth has been fueled by the increasing demand for semiconductor-enabled technologies, such as smartphones, laptops, and data centers. However, this surge in demand has also led to a shortage of skilled workers in the industry. Boston Consulting Group predicts that the semiconductor industry will face a shortfall of 10,000 to 30,000 engineers in the coming years. [X] In response to these challenges, the US government has recently allocated $52 billion in funding for the semiconductor industry to address the talent shortage and maintain its competitiveness in the global market. [X] In this blog, Victoria Tchachnikova, TPD’s Semiconductor Industry Workforce Specialist will explore strategies for semiconductor companies to keep up with hiring demands and attract the best talent in this rapidly growing industry.

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How to Promote Diverse Hiring Practices in the Mining Industry

Diversity, equity, and inclusion is a strategic priority for leaders in the mining industry, and there is no disputing the business case for it. The Energy Information Administration (EIA) projects that by 2029, more than half the current US mining workforce will be retired (approximately 221,000 workers) creating a significant skill and knowledge gap. Let’s look at gender diversity alone, women make up only 16% of the industry workforce, and if this imbalance continues it significantly reduces the talent pool likely to replace those retirees. Company values are increasingly important to potential employees, post COVID-19, 59% of employees are either changing or looking to change jobs to work with a company whose values align with their own. There is a clear need to incorporate diversity and inclusion measures throughout all aspects of business, and with mining conference season around the corner now is a great time to start the conversation. Visit TPD at PDAC and VRIC to discuss how you can build a more diverse and inclusive workforce.

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How to Attract Younger Workers to Skilled Trades

Wanted: Young workers to fill positions in construction, manufacturing, electrical, HVAC, welding and other skilled trades. Must enjoy using cutting-edge technology. Looking for creative problem-solvers who work well as part of a team. In this role, you will benefit from a sense of accomplishment, a positive work environment, excellent pay and opportunities for professional development. On-the-job training available. Gen Z applicants welcome!

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International Employee Payrolling

Back in 2013, Jason Fried and David Heinemeier Hansson authored the book “Remote: Office Not Required”, praised by critics as a “compulsively readable case for a radically remote workplace”. While “Remote” was a concept that we at TPD gravitated towards early on, generally I’d consider it before its time. It has only been since the COVID-19 pandemic that we’ve seen a significant shift in organizations adopting the remote-first approach. 

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7 Tips for Improving Staff Retention this Summer

While staff turnover happens throughout the year, employers may see a slight uptick during the summer months. Given the current challenges employers face in replacing workers, employees are in the driver’s seat. Now, more than ever, businesses must adapt and be responsive to current trends to retain their top talent.

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