As we all gear up for the school season and return to work, let's delve into some intriguing trends and developments projected for 2025.According to a recent survey, 75% of businesses are planning to increase salaries to retain employees amidst the escalating living expenses.
Surprisingly, 64% of employees anticipate a decrease in pay raises compared to previous years. With the decline in interest rates and a surge in business confidence, the market dynamics seem to be shifting in favour of the employees.One prominent trend on the horizon is the integration of AI in recruitment processes. While AI shows promise in boosting productivity, it falls short in handling high-level talent strategies. The use of AI in recruitment runs the risk of depersonalising the process, potentially leading to missed opportunities with top-tier candidates.Interestingly, nearly a quarter (24%) of surveyed talent professionals highlight the challenge of finding the right skills as a key hurdle for 2025.
Companies are now prioritising roles that drive impact, emphasising innovation and critical skills crucial for business evolution. Recognising the importance of Learning and Development, companies are gearing up to invest in these areas to retain top talent.In the evolving landscape, agencies who do a transactional recruitment style may face difficulties in staying ahead of the competition and delivering a superior recruitment process. Adaptation and innovation will be key in navigating the dynamic recruitment environment
