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24 Apr, 2024
Are you ready to stay ahead in the ever-evolving landscape of recruitment? Join us for an exclusive webinar hosted by Lotus People this May 9th at 12:30 PM where we'll delve into the latest insights and strategies shaping the future of hiring in 2024. What to Expect: In this insightful webinar, our very own CEO and Co-founder Sinead Connolly, together with Lotus People Brisbane Director Sophie Thomas and Systems and Marketing Specialist Sarah Lunders , explore the following key topics: Strategies to Attract and Retain Talent: In today's fiercely competitive job market, finding and keeping top talent is more challenging than ever. We'll share proven strategies to not only attract but also retain top-tier talent, ensuring your organisation remains ahead of the curve. Understanding Evolving Candidate Drivers: What motivates candidates in 2024? Our in-depth market research reveals the shifting priorities and aspirations of today's job seekers, helping you tailor your recruitment approach to meet their needs effectively. Implementing Inclusive Hiring Practices: Diversity and inclusion are not just buzzwords—they're essential components of a thriving workplace. Learn how to cultivate an inclusive culture within your organisation and implement hiring practices that foster diversity, equity, and belonging. Leveraging AI and Emerging Technologies: The future of recruitment is intertwined with technology. Discover how artificial intelligence and other emerging technologies can revolutionise your hiring process, boosting productivity, efficiency, and overall success. Gain invaluable insights, practical strategies, and actionable takeaways to navigate the complex landscape of recruitment in 2024. Whether you're a seasoned HR professional or a business leader looking to optimise your hiring processes, this webinar is your opportunity to stay informed and empowered. Register Now to Secure Your Spot: Don't miss out on this exclusive opportunity to gain a competitive edge in recruitment. Reserve your spot today to join us for Navigating 2024 Recruitment Trends. Register now to secure your spot by clicking the link below. We can't wait to see you there!
18 Apr, 2024
We were thrilled to partner with JobAdder for our latest event, aimed at empowering professionals within our network to tackle the challenges in 2024, head-on. We hosted our network of HR, Talent and Leadership professionals at the fabulous eSpaces in Brisbane. On the expert panel was Kate Drew (Arnold), Chief People Officer at Madison Group Enterprise; Graham Moody, Chief People Officer at JobAdder; Nicola Young, Head of People APAC and Japan at Cognizant; and moderated by our very own CEO and Co-Founder of Lotus People, Sinead Connolly. We were extremely grateful to have these industry experts share their knowledge and insights with the audience on several core topics shaping the current market. We’ve recapped the key insights shared by our panel below.
20 Mar, 2024
The employment market is continuously changing, so understanding the drivers and motivators influencing an employee or candidate is paramount for businesses striving to attract and retain talent. Recent findings from our market insights survey shed light on the shifting priorities shaping the current job market, showing results that vary from the top candidate drivers of 2023. According to our survey results, the top five drivers and motivators for employees and jobseekers in today's market are as follows: Compensation/Salary Package - 64.7% Company Culture and Values - 47% Professional Growth and Personal Development Opportunities - 45.1% Remote and Hybrid Working Policies - 39.8% Work-Life Balance - 38.7% What's particularly noteworthy is the subtle yet significant shift in priorities compared to the data from 2023. Whilst compensation has always been a key motivation for candidates, its importance has notably increased, emerging as the top priority for most employees and jobseekers. Equally significant is the emphasis placed on company culture and values, which have risen to become the second most influential factor driving employment decisions. This shift highlights the increasing importance individuals place on aligning with an organisation that shares their values, vision, and ethos. In today's competitive job market, candidates seek more than just a paycheck; they crave a sense of belonging and purpose within their workplace community. On the other hand, whilst remote and hybrid working policies remain important considerations, their ranking has slightly decreased compared to the previous year. This trend suggests that whilst flexibility in work arrangements remains desirable, it may no longer be the primary driving factor for many candidates, as we have long emerged from the days of pandemic. The findings from our market insights survey highlight a fundamental truth: the landscape of candidate and employee preferences is continually evolving. Employers must adapt their recruitment and retention strategies to align with these shifting priorities, placing greater emphasis on competitive compensation, fostering a positive company culture, and providing ample opportunities for professional growth and development. As businesses navigate the complexities of effective recruitment and employee management, understanding and responding to the evolving needs and desires of the market will be essential in attracting and retaining talent and fostering long-term organisational success. As we move forward in 2024, it's imperative for businesses to prioritise not only meeting but exceeding the expectations of their workforce, creating environments where individuals feel valued, supported, and empowered to thrive. By staying attuned to the evolving landscape of candidate drivers and motivators, organisations can position themselves as employers of choice in an increasingly competitive marketplace. If you’re interested in learning more about our survey findings, download a copy of our Market Insights report below!
05 Feb, 2024
One year since entering the Brisbane market, Lotus People are thrilled to partner with JobAdder to host an exclusive breakfast for our People and Culture, Human Resources, Talent Acquisition and Leadership community. Hosted by Lotus People QLD Director, Sophie Thomas, and Dan Anticich Account Exec at Jobadder and moderated by Lotus People, CEO and Co-Founder, Sinead Connolly, we will be joined by an impressive panel of HR experts: Kate Drew, Chief People Officer at Madison Group Enterprises Nicola Young , Head of People APAC & Japan at Cognizant Graham Moody , Chief People Officer at JobAdder Join us as we discuss the workplace in 2024 and topics including; AI, technology and the impact this has on work Hiring predictions and forecasts for this year Evolving candidate and employee drivers/ motivators Data-driven market insights to prepare you for the year ahead We look forward to welcoming you and places are strictly limited so please register today!
20 Nov, 2023
As the Australian job market continues to evolve, it's crucial for both employers and candidates to anticipate and adapt to the forthcoming trends that will shape recruitment dynamics in 2024.  The employment landscape is undergoing transformative changes influenced by global shifts, technological advancements, and societal expectations. But what is there to watch out for, exactly? And what can we do to combat these changes to stay ahead of the curve? Projected Recruitment Trends in Australia for 2024: Remote Work Evolution: With the widespread adoption of remote work in recent years, the trend is expected to continue in 2024. Candidates can anticipate more flexible work arrangements, and employers should be ready to adapt their recruitment processes to accommodate remote hiring, onboarding, and management. Emphasis on Soft Skills: Beyond technical expertise, employers are placing a growing emphasis on soft skills such as adaptability, emotional intelligence, and effective communication. Job seekers should highlight these skills on their resumes, and employers should incorporate them into their evaluation criteria. Rise of Hybrid Work Models: A hybrid work model, combining in-office and remote work, is likely to become the norm. Companies should establish clear policies, communication channels, and collaboration tools to support a seamless transition to this hybrid model. Increased Focus on Diversity, Equity, and Inclusion (DEI): Expectations for diversity and inclusion in the workplace will continue to rise. Employers should proactively address DEI concerns, ensuring fair hiring practices and creating an inclusive work culture. Candidates, in turn, should seek out employers committed to diversity. Technological Integration in Recruitment: Automation, artificial intelligence, and data analytics will play a more prominent role in the recruitment process. Employers should invest in technology to streamline hiring processes, and candidates should be familiar with applicant tracking systems and other digital recruitment tools. What Should we do In Response? Skill Development and Upskilling: Job seekers should identify and invest in skill sets that align with emerging trends. Continuous learning and upskilling will be key to staying competitive in the job market. Revise and Update Resumes: Candidates should ensure their resumes highlight not only technical skills but also soft skills and adaptability. Showcase experiences that demonstrate versatility and the ability to thrive in a dynamic work environment. Enhance Digital Presence: With increased reliance on technology in recruitment, candidates should optimise their online presence. This includes having a professional LinkedIn profile, a well-crafted personal website, and a portfolio showcasing relevant skills and achievements. Embrace Flexibility: Employers and employees alike should embrace flexibility. Companies should review and adapt their policies to accommodate flexible work arrangements, and candidates should be open to hybrid models and remote opportunities. Prioritise Diversity and Inclusion: Employers should actively work on fostering diverse and inclusive workplaces. This includes revisiting hiring practices, promoting equal opportunities, and creating an environment where employees from all backgrounds feel valued. By understanding and proactively responding to the projected recruitment trends we have for 2024, employers and candidates can position themselves for success in the evolving job market. Remember: Embracing change is the key to thriving in the dynamic landscape of recruitment in the coming year! You can also reach out to us at info@lotuspeople.com.au to see how we can make your talent attraction and retention stronger in 2024.
20 Nov, 2023
In the dynamic landscape of recruitment, staying ahead of the curve is essential for success. As we approach 2024, the competition for top talent is fiercer than ever, and strategic decisions in talent acquisition become paramount. One often overlooked yet critical tool in this process is the salary guide. In this blog post, we'll explore what a salary guide is, why it's indispensable for your 2024 recruitment strategy, and how it can contribute to upscaling your talent sourcing and retention efforts. Understanding the Salary Guide: A salary guide is a comprehensive document that provides insights into industry-specific compensation trends, market benchmarks, and salary ranges for different roles. It serves as a valuable resource for both employers and job seekers, offering a clear picture of the competitive landscape in terms of remuneration. How does a Salary Guide benefit you?  Competitive Edge in Talent Attraction: Salary guides empower your recruitment team with the knowledge needed to offer competitive and attractive compensation packages. In a candidate-driven market, knowing the current salary expectations ensures that your job offers stand out, making your organisation more appealing to top-tier candidates. Retention Strategies Based on Market Realities: Keeping your existing talent satisfied is as crucial as attracting new talent. Salary guides help you stay informed about industry standards, enabling you to adjust compensation for current employees and reduce the risk of losing them to competitors offering more enticing packages. Strategic Workforce Planning: By aligning your salary offerings with the market trends outlined in a salary guide, you can strategically plan your workforce and anticipate potential challenges. This proactive approach ensures that your recruitment efforts are not only effective in the short term but also sustainable in the long run. Enhanced Employer Branding: Demonstrating that your organisation understands and values industry compensation norms contributes positively to your employer brand. Potential candidates are more likely to view your company as reliable and considerate, which can result in a stronger talent pipeline and increased applications from high-quality candidates. Mitigating Turnover Risks: High turnover can be costly and disruptive. Salary guides assist in identifying areas where your organisation may be falling behind in compensation, enabling you to proactively address potential turnover risks before they escalate. As you gear up for a successful 2024 in recruitment, leveraging a comprehensive salary guide is a strategic move that should not be underestimated. The insights gained from such guides can be the differentiator that sets your organisation apart, helping you attract, retain, and upscale your talent effectively. With 2024 nearing, don’t forget to check out our salary guide, tailored to empower your recruitment journey in the coming year! Get ready to revolutionise your approach to talent acquisition and retention in 2024!
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