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Since the start of the pandemic, both employees and employers have based challenge after challenge, which has created an imbalance in what workplaces are offering, what employees are expecting. The need to translate the great resignation and quiet. Quitting with a volatile and ever evolving global economy. This imbalance continues. Organizations are now looking for ways to minimize cost and optimize their workforce.
00:00:27:08 – 00:00:48:15
Flipping quiet, quitting on its head, and leading to the latest trend by hiring. So what exactly is quiet hiring? Well, Gartner has identified it as a top 2023 trend. By hiring is a new organizational practice. It allows companies to fill any talent or capability gaps without external hiring, which can be a win win for both employees and employers.
00:00:48:17 – 00:01:19:13
This practice helps promote internal mobility. Those who want to explore other parts of the organization grow within a company and upskill also saving companies time and resources. A recent poll conducted by Monster showed that 63% of workers are open to the idea of quiet hiring. They believe it can help them learn and grow their skillset. Here are three fast facts that will ensure quiet hiring is effective and beneficial for both employees and organizations.
00:01:19:15 – 00:01:45:18
As mentioned, quiet hiring could mean effective and efficient use of resources. So look for overlaps in roles and capabilities once you have the right roles and candidates identified. It’s also important to ensure that not only do their skill sets match, but their goals align to the role as well. Totally. In the same pool mentioned earlier, Monster suggested that 50% of respondents said their new role was not aligned with their skill set, leading to disengagement and feeling checked out.
00:01:45:20 – 00:02:05:01
That said, be intentional with who you hire and to which role so that they don’t actually end up quiet quitting. Make sure the new role feels like a rewarding opportunity rather than a Band-Aid solution to a shortage of staff.
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Make sure quiet hiring helps employees achieve their career goals. Strategy should incorporate learning and development opportunities. According to HPR, when employees are offered and encouraged to take advantage of upskilling opportunities or personal or professional growth, people metrics such as employee engagement go up. A key reason why employees are supportive of quiet hiring is for the opportunity to learn new things, evolve their skillset, and advance their career in some way.
00:02:29:23 – 00:02:51:21
LNT is way more than just introducing new training modules. Rather, it’s about creating a culture that values rewards and enables continuous learning through multiple channels, including on the job experience that is supported through feedback and coaching. To that point, a recent Forbes article reported that employees now see a vibrant learning and development culture as a key part of what makes a company great.
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And about 76% of employees are more likely to stay with a company that offers continuous learning in organizations ability to provide opportunities and foster a learning culture is linked to employee satisfaction and retention. So you can do quiet hiring properly without it to maximize the benefits of quiet hiring. Leaders should aim to embed the desired behaviors that enable the practice into the organization’s culture.
00:03:21:11 – 00:03:50:17
These may include things like curiosity, cross-functional collaboration or transparency, an effective way to start any culture shift is with leadership consciously communicating the company’s vision and priorities, in turn, sharing how desired behaviors support these goals. Connecting the dots between the vision, culture and hiring will help employees see the benefits of internal mobility. Leaders should also clearly define and communicate how employees will be measured and rewarded for taking on new assignments when the time comes.
00:03:50:19 – 00:04:16:06
Finally, a critical part of embedding the organizational behaviors and ways of working to make hiring a success is for leaders to act as role models. Fostering a learning environment involves not just training, but also feedback and coaching. It’s important for leaders to establish this beyond the context by hiring, by creating space for failure, and experimenting with every member of 13 and constantly encouraging a growth mindset.
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When this happens and employees are transitioning into new roles, there’s a mutual understanding that perfection is not expected from the start, and managers and employees will work together to adapt and learn.