• Skip to main content
  • Skip to primary sidebar
  • Skip to footer

Career Connectors

Connecting professionals in career transition with hiring companies and quality resources

  • Facebook
  • Instagram
  • LinkedIn
  • TikTok
  • Twitter
  • YouTube
Career Connectors eUpdate
Subscribe Here
  • Job Seekers
    • Events
      • Event Schedule
      • Webinar Recordings
      • Event Recaps
      • Prepare for an Event
    • Resources
      • PipelineAZ
      • Community Updates
      • Career Chats
      • DISC
      • Business Portraits
      • Career Advice
      • Trusted Resources
      • LinkedIn Basics
    • Featured Companies
    • Volunteer
      • Volunteer Opportunities
      • Volunteer Application
  • Employers
    • Hiring
    • Outplacement Services
    • Partners
  • About Us
    • Donate
    • Applause & Testimonials
    • In The News
    • Mission Statement
    • Board of Directors
    • Contact

Jessica Pierce

Employment Outlook: The Great Rebalance Workforce Trends

March 6, 2023 by Jessica Pierce

Written by Jessica Pierce

The number of workers who are unhappy with their jobs is at a staggering all-time high, according to Gallup, with 61% of American employees wanting to leave their current jobs in 2023. The top reasons Americans are unsatisfied with their jobs is low income and not having meaningful work. During the “Great Resignation” in 2021, 47.8 million workers in the U.S. quit their jobs, with a record 50.5 million people leaving their positions in 2022. And although the resignations are slowing in 2023, they aren’t stopping.

Workforce Trends for 2023

Smart employers are instituting an excellent hiring experience to better attract, develop and retain valuable employees. By streamlining the hiring process and communicating regularly, as well as investing in the kinds of supportive training and development that encourage employees to apply for jobs and then remain a loyal employee once hired, leaders at companies are learning that they need to offer more than just simple employment. Job seekers in 2023 are interested in working for organizations that have a robust company culture, generous benefits, and those that embrace diversity, equity, and inclusion (DEI) initiatives. 86% of employees care about a company’s DEI strategy, especially Gen Xers and Millennials.

The Candidate Experience

Unfortunately for many of the unemployed and underemployed, the candidate experience involves being disenchanted; not hearing back from hiring managers (even after going through 3-5 interviews!) and left to wonder what happened to their resume or job application. This leads to a loss of integrity with the company and fewer quality applicants for open positions. Transparency and communication are vital – especially in today’s marketplace.

Learning and Development

Companies that invest in their workers implement learning and development opportunities to encourage growth – both for the company and their employees. They build pipelines, offer training, and encourage people to step up.

When leaders at healthy companies review their processes and procedures and identify gaps, they develop programs to bridge those gaps by offering benefits, including certification programs and technology courses. By reskilling or upskilling their current employees, it helps develop the kinds of employees who are more likely to stay with the organization.

Technology Investment

When companies make a tech investment like updating software, it makes it easier for workers to do their jobs. Employing Artificial Intelligence (AI) facilitates faster decisions, improves operational efficiency, reduces costs, and also helps to make current jobs easier for workers. Automating repetitive and mundane tasks allows employees to attend to tasks that require critical thinking and subjective interpretation, which can easily lead to feeling more fulfilled and having a higher job satisfaction. On average, satisfied and happy employees are 13% more productive and companies save billions when they don’t have to constantly hire and train new employees.

Work Environment

The work environment of the not-too-distant past has changed considerably amidst the recent professional global landscape. Positions where workers are able to work remotely are in high demand, with 40% of workers searching for hybrid or remote positions over in-office jobs. These kinds of jobs also often mean more flexible hours, which leads to a healthier life/work balance. This better affords individuals the chance to focus on mental health issues like depression, anxiety, and stress. When employees struggle with their health, they might only be working at about 25% capacity. It’s also imperative that employers keep open communication and inform their employees about all the wellness programs their company offers.

Almost 60% of U.S. workers suffer from moderate to high burnout, so removing the social stigma and stressing the importance of mental health benefits will go a long way towards keeping workers happy and healthy. Unhappy employees actually cost the U.S. at least $550 billion annually. For the average company, this equates to 18% lower productivity and 15% lower profitability.

How Does Your Company Measure Up?

Ensuring your organization’s core values and company culture align with your principles will lead to a higher quality talent pool that will be attracted enough to your company to apply for your open positions. It is proven that retaining your workforce is a more successful and profitable strategy than replacing it. So establishing your business as one that cares more about its workers than the bottom line will likely lead to greater successes at all levels.

Career Connectors

At Career Connectors, our vision is all about building a better community – one organization, one career at a time. And our mission is to elevate communities by empowering job seekers, employers, and service providers. Won’t you join us at our in-person and virtual events?

Filed Under: Career Advice Blog Tagged With: career advice, Job Hunting Advice

Primary Sidebar

Recent Event Recaps

2/10/22 – Getting My Career SHIFT Together

1/27/22 – Show Out When You Show Up

11/18/21 – A 7 Step Career Amplifier

12/14/21 – The Perfect Job in 2022

More Event Recaps

Career Advice

Employment Outlook: The Great Rebalance Workforce Trends

10 Ways Innovation May Affect Recruitment in 2023 and Beyond

17 Interview Tips That Anyone Can Implement

15 Ways to Recession-Proof Your Career

 10 Tips for Returning To Work As A New Mom

More Career Advice

Footer

Socialize with us!

  • Facebook
  • Instagram
  • LinkedIn
  • TikTok
  • Twitter
  • YouTube

Testimonials

Navigating the world of career transition can be an overwhelming experience.  In addition to the mechanics of transition (updated resume, career search strategies), there is the deeper need to connect to people who are in the same situation as you are.   For me, all of this was answered by Career Connectors!  Had it not been for this organization, I might still be sitting in my house, wondering what to do next!  At just one Career Connectors meeting you can be inspired by great speakers, … Read more
Iris M.
If you are a job seeker in transition or looking to find that new great position I highly recommend Career Connectors. The search process has changed significantly over the years and Career Connectors will provide you many tools that will allow you to stand out and demonstrate your unique value to potential employers. At each event I had the opportunity to “sharpen the saw” through top notch expert presentations on image portrayal, positive attitude, networking, social media presence, job… Read more
Joe C.
Networking helps, especially when you do not directly know anyone at a target company. I have attended 4 of your meetings and at one of them a company representative and recruiter presented. I was already familiar with this company, but she also said some other things in the presentation that made me take notice and created more interest on my part. I spoke with the recruiter at your event and she followed up the next week and from there I went on several phone interviews and on site interview t… Read more
Todd S.
I would like to share that I landed a contract position for 6 months with possible conversion to a permanent position on the team after those contract periods complete. I work on a team as an Instructional Designer and the team is virtual, which means I am able to work from home 100% of the time! I am very excited for the future of my career! I wanted to share that I sadly won’t be seeing you at Career Connector events for the next 6 months at the very least, and we’ll see how my performance … Read more
Bill T.
Fantastic! Good variety of roles, Obvious interest in quality candidates, really good solid leads. Great investment of time.
Alicia
I’ve attended a few of your events in Gilbert and Scottsdale since returning to AZ and being an active job seeker. I’m happy to report that I’ve been offered a job! I’m over the moon about the offer and couldn’t be more grateful after a long, three month search (that definitely felt much longer…. 🙂 ). I want to thank you for your programs. You have excellent speakers who always energized me when I was needing it most. And your resume reviewer was great. She was a tough cookie with a red pen y… Read more
Becky T.
It was amazing, you guys did a great job! I found several potential companies!
Irene
Good news. I have landed. Thank you for your support throughout my job search journey. You and your organization has lots to offer besides the positive energy, uplifting of self confidence and immense networking opportunities. I am very appreciative of the efforts and time put forward by you and your team.
Kirtida A.
After a company layoff thrust me into the job market, Career Connectors was exactly what I needed to develop my networking skills. Networking is a job in itself, and the skills I learned helped me to land a temporary position just three months later that is now permanent. I believe in the Career Connectors mission and continue to volunteer as a way of expressing my appreciation for their support during a very tough time…thank you Career Connectors!
Diane N.
Thank you, Jessica. Although I wasn’t able to meet you personally, I was able to see you working with another applicant and was impressed with your efforts and the excellent platform that your team presented. Thank you very much.
Luis R.
  • Contact
  • Privacy Policy
  • Terms of Services

© 2023 · Career Connectors. All Rights Reserved.