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Wondering how to have a successful salary negotiation? Here are the 16 expert tips you need.
Wondering how to have a successful salary negotiation? Here are the 16 expert tips you need.
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Looking for the latest US labor market news? Here’s everything you need to know about the labor market and what the future may hold.
We’ve experienced many new workplace buzzwords in the past year, including quiet quitting, quiet firing, and now…quiet hiring. Gartner listed quiet hiring as a top prediction for the 2023 workforce, so you’ll want to understand the term as we progress through this year.
Here’s everything you need to know about quiet hiring, including what it is, where it comes from, how it benefits employers and employees, and much more. Let’s dig in!
Quiet hiring is a strategy companies use to fill talent gaps without hiring new employees. When the country’s economic state is uncertain, and it’s riskier – or less feasible – to hire fresh talent, quiet hiring can fill the gaps.
Quiet hiring means evaluating an organization holistically and understanding the skills of current employees. From there, if any existing employees are capable or can be trained to assume some functions of an open role, they’ll be asked to do so.
Essentially, quiet hiring is acquiring new skills for the organization without hiring anyone new.
While it’s possible that existing talent already has all the skills to fill talent gaps, it’s unlikely. Often, employers need to train employees to assume functions related to, but outside of, their professional expertise.
Professional development’s undisputed benefits make it a worthwhile investment for employers, even beyond quiet hiring. Such benefits include:
Developing employees is necessary for quiet hiring, which benefits both employees and employers. It makes employees more marketable and fuels their careers; employers avoid a costly and involved hiring process while boosting their company’s overall success.
Until recently, employees and candidates had control of the job market. These conditions resulted in “quiet quitting,” where employees still showed up to work and cashed paychecks but didn’t put their all into their work.
Then, the situation changed. Many employees are nervous amidst a challenging economic climate with significant tech layoffs and hiring freezes.
While employees grapple with uncertainty, employers are under immense pressure to keep costs down. Unemployment is also at historic lows, making sourcing talent significantly more difficult.
All these factors create an environment where hiring is costly, and employees are committed to proving themselves to their organizations.
Employers need to get creative to meet their talent needs, and quiet hiring is an excellent way to do so. It also allows employees to further prove their worth and grow professionally.
As we’ve mentioned, quiet hiring benefits both employers and employees. Let’s dive deeper.
There are numerous benefits for employers when it comes to quiet hiring, including:
When companies can’t afford to hire outside the organization, quiet hiring becomes an opportunity to strengthen the existing workforce. By investing in current employees, you’re boosting their performance and lowering turnover. You’re also identifying the best performers you can develop to lead the organization.
To best take advantage of quiet hiring, start by evaluating your workforce holistically. What skills does your organization have, and what skills do you need to develop? From there, you can identify which employees have the greatest aptitude for learning and whose skills are tangential to the ones you want to build.
Provide ample support and professional development to create employees who fill your talent gaps. Professional development can include:
Quiet hiring may feel like you’re being taken advantage of since you’re being asked to do more work – work you didn’t sign up for. Although this can happen (more on that next), quiet hiring is, first and foremost, an opportunity.
Quiet hiring gives employees a chance to do the following:
Taking on new skills and demonstrating adaptability proves your worth as a potential leader. If you want to climb the corporate ladder, quiet hiring is the perfect opportunity to further your career.
Additionally, by taking on new work, you put yourself in a position to negotiate for better pay, benefits, resources, professional training, and other perks.
Quiet hiring comes with many opportunities but can be taken too far. As an employer, avoid the following red flags. For employees, be on the lookout for them and call them out right away.
Leaving employees without support while they attempt new tasks sets everyone up for failure.
To ask employees to fill skill gaps, employers must provide ample support. Professional development is essential for this process and builds talent that exceeds expectations.
Asking employees to take on new tasks and not compensating them appropriately will lead to resentment and burnout. Compensation must reflect expanding tasks and an increased workload.
Employees should negotiate their salaries before committing to additional work, and employers must be open to these conversations.
Quiet hiring is a significant change for an organization and dramatically affects employees. Delegating work without being open to conversations about the process is detrimental to all. Optimizing the process will have a learning curve, so employers should be open to feedback.
Two-way conversations are critical. Employers should seek information on:
Quiet hiring is one major way companies can reduce recruitment costs. Here are a few others to consider.
The smaller your sourcing pool, the less talent you have accessible. To make hiring easier, look for talent in diverse places, including job boards, networking events, social media, and referrals.
Importantly, when it comes to job boards, look for niche job boards that pertain to your open roles.
Crunchboard is TechCrunch’s job board that is excellent for sourcing tech talent. Dribble is a popular portfolio site designers use with a job board for sourcing these types of candidates.
Getting specific helps you find the most qualified talent.
Referrals and utilizing your network are great ways to reduce hiring costs. Allow everyone in the company to participate, and incentivize successful referral hires with bonuses. If an employee you trust refers someone they trust, the odds of that person working out are higher than a random hire.
The more specific your job postings, the more qualified candidates you’ll attract. Avoid wasting time sifting through unqualified applicants by clearly listing job requirements and the types of candidates you’d like to see.
You’ll also want to tell candidates the benefits of working for your organization. Here’s a deep dive into creating optimized job descriptions.
If quiet hiring won’t cut it, consider outsourcing the hiring process when hiring for your most critical roles. Fill these positions quickly and accurately to avoid the cost of a bad hire, which is usually around 30% of the role’s annual salary.
The need to hire efficiently is especially true for senior- and executive-level positions. When pressure runs high, and companies can’t afford mistakes, they need to execute these crucial hires flawlessly.
Jennings Executive specializes in matching companies with the best senior- and executive-level talent for their organization. We know how to help you build successful teams and generate value for your stakeholders.
Similarly, if you’re an employee who’s being taken advantage of by quiet hiring at your company, Jennings Executive can help you find a better job elsewhere.
Whether you’re an employer or employee, Jennings Executive can help. Learn more today!
Burnout is a term we hear often, with 75% of employees experiencing it at some point. If you’re feeling exhausted, hopeless, and withdrawn, you may be burnt out, and this article will help. Dealing with burnout is possible.
Learn what burnout is and what you can do to regain control.
Dealing with burnout starts with understanding what it is, so let’s dive in.
Burnout is physical, mental, and emotional exhaustion caused by excessive, enduring stress. It’s defined by a loss of identity and reduced feelings of accomplishment. Burnout leaves you feeling resentful, hopeless, and without energy.
Unfortunately, although work can cause burnout, its effects will impact your personal life. It may affect your physical health and make you more vulnerable to colds and flu.
Burnout recently became an official medical diagnosis in the World Health Organization’s International Classification of Diseases. So yes, it’s a real phenomenon, despite what some people may tell you.
Let’s talk about two things: pre-burnout signs and burnout symptoms.
Perhaps you aren’t burnt out yet. To help you better understand whether you’re dealing with burnout or are on your way there, let’s talk about some factors that may lead to burnout:
Battling these feelings for an extended time with no end indicates that you’re on your way to being burnt out. We’ll discuss later in this article how to combat burnout, which will also apply to stopping yourself from becoming burnt out.
Related: 7 Tips For Quitting a Job Professionally and Maintaining Those Relationships
We all have stressful days where we feel exhausted or underappreciated. However, you may be burnt out if you feel this way all the time.
Burnout is a slow process you may not be aware of, so paying attention to the following red flags is essential. Ignoring them can lead to a full-on breakdown, which can be harder to recover from.
Here are some burnout symptoms:
Do a lot of these apply to you? If so, you may be dealing with burnout. We’ll discuss what to do about it, but first, let’s clarify the difference between depression and burnout.
Symptoms of burnout can look a lot like depression. Some major overlapping symptoms include:
The big difference between burnout and depression is two-fold: depression lasts longer (a few weeks or more) and severely affects your personal life.
If negative feelings haven’t gone away for a few weeks, you may be depressed. Similarly, if you’re feeling hopeless, withdrawn, aren’t enjoying activities you used to, or are experiencing any of the mentioned symptoms in your personal life, this may be depression.
Eating, showering, and picking up after yourself might seem impossible with depression but they shouldn’t with burnout.
Lastly, if mental health days or vacations don’t improve your mood, you’re likely dealing with something more serious than burnout.
If you think you’re experiencing depression, speak to a mental health professional. BetterHelp and Online-Therapy.com are two places to start. You can also contact your insurance for resources.
For immediate help, especially if you’re dealing with suicidal thoughts, call 800-273-8255 (TALK).
You can also text “HOME” to 741741 to receive support for any crisis; a counselor will respond immediately.
Dealing with burnout can seem overwhelming, but here are some simple tips to help you beat it.
One primary driver of burnout is sidelining self-care. Excessive working hours lead to deprioritization of self-care, which contributes to burnout.
Self-care can be quick. Just 10-15 minutes each day can help your mood substantially. You can meditate, go through your skincare routine, do yoga, or participate in any activity that suits you.
Prioritize exercise, sleep, and a healthy diet every day.
Let the people in your life know you’re experiencing burnout. This includes your boss and coworkers, as well as family and friends.
Ask for help with tasks at work and home to alleviate some of the strain you’re feeling. There’s no need to feel ashamed or embarrassed asking for help when needed!
Setting boundaries at work and home can help combat burnout.
When you’re done with work, stay offline. Similarly, set aside time and space if you need “you” time away from home responsibilities such as caregiving. You can make your own space in the house to relax, such as a spare bedroom or part of the backyard.
Even if it feels exhausting, staying in touch with friends is critical for dealing with burnout. If you don’t feel you have the time, make it! You’ll be happy you did.
Mindfulness and meditation help reduce burnout, stress, and even depression symptoms. Reducing stress through mindfulness can lead to a better mood, better sleep, and increased quality of life.
Mindfulness looks like this:
Try some of these out and see if they help.
If you’re dealing with burnout, reflecting on your experiences and what may have caused it is a good idea. Doing so will help you better identify early warning signs in the future and handle the situation.
Ask yourself:
Sometimes, no matter what steps you take when dealing with burnout, symptoms don’t improve because of where you work. Burnout can worsen if your boss doesn’t take your symptoms seriously and continues to push you.
Excessive burnout can lead to depression and is associated with poor physical health, including heart disease, high cholesterol, obesity, type-2 diabetes, and sleep disorders. You can’t live in a constant state of burnout.
If it’s time for a change, Jennings Executive specializes in matching the best talent with companies that respect their boundaries. Let us help you find an organization where you can thrive and leave burnout behind. Learn more.
Related: What is an Executive Search Firm? Here’s Everything You Need to Know
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