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a look back: 2023 at randstad

This year, we experienced an uncertain economy, rising cost of living, and a historic job market. Randstad was here to support clients and job seekers alike with our insight, support and industry expertise. Here’s a look at our top highlights from 2023:

focus on aerospace and biopharma

In the first quarter, two top industries saw an increased need for talent – aerospace and biopharma. In response, we launched multi-layered campaigns using landing pages and associated blogs. For aerospace, we highlighted the future of the industry and the most in-demand jobs. In biopharma, we brought attention to life sciences employers’ wish list: talent with experience in decentralized clinical trials, site feasibility, data management and agility.

20 years of workmonitor

This year’s milestone U.S. annual report explored key issues for today’s workforce: the economic downturn, rising cost of living and broader uncertainty. The longest-running and largest study of its kind, the 2023 report surveyed 35,000 employees in 24 markets. It explored how the macro-economic climate is reshaping the workplace and measured its impact on talent – specifically employee/employer relationships and the role of work in their lives.

tech career hub launches

To meet the demand for new career opportunities for laid off tech workers, we created a tech career hub. As the world’s largest talent provider, we used the new concept to promote temp assignments, upskill and reskill talent and provide support during job transitions. We also worked to bridge the gap in STEM talent as well as provide solutions for high-quality in-demand international talent through the Randstad Immigration Talent (RITs) program.

promoting DEI&A

To promote the value of workplace equity, we hosted our annual Flourishing Under Fire event, with three themed days of dynamic speakers and engaging conversations. Topics included mental well-being, people with disabilities and veterans. As we know, the death of George Floyd prompted companies across industries to make a concerted effort to improve DEI&A initiatives. This year, the event included a platform to socialize with clients and align on the human forward philosophy.

supporting CIOs

After interviewing more than 750 IT decision-makers in the U.S. and Canada about their current challenges and future plans, we used the data to provide both a white paper and a webinar aimed at addressing what keeps CIOs up at night. After all, a rapidly digitized workplace can lead to IT vulnerabilities. This huge leap forward in technology also means higher expectations when widespread digital skills shortages are the norm. To help organizations stay ahead of the curve, these materials advise IT vulnerabilities mitigation, new business models and driving bottom-line results and digital transformation in tandem.

tatum gets a new look

Tatum by Randstad celebrated 30 years as an industry leader in executive services. With a human-centered approach, we use Tatum to provide a variety of solutions for the C-suite: interim executives and consultants, professional searches and financial projects consulting. Like Randstad itself, Tatum combines extensive experience with a global talent network to solve business challenges and deliver value for talent. Now, Tatum is looking to the future with an updated website.

busting recruiter myths

Recruiting agencies are often touted as expensive, pushy and just out to take employees’ hard-earned money. What’s more, with today’s technology aren’t they basically obsolete? At Randstad, this couldn’t be further from the truth. In the third quarter, we shared valuable information to break down the myths and help our clients get the most from a recruiter. Our expertise, resources and extensive network help connect job seekers with exciting opportunities and find a role faster than searching on their own.

compensation survey shows workers’ mindset

This fall, we surveyed more than 1,900 U.S. workers about compensation. To no surprise, salary and compensation are top drivers of job satisfaction. But we also uncovered some fascinating insights:

  • Baby Boomers are less satisfied with their compensation (20.8%) compared to other groups.
  • Males are more likely to be satisfied (51.4%) with their compensation than females (39.9%).
  • Workers generally consider themselves adequately compensated for their work, but women only slightly agree at a rate of 48 percent, meaning 44 percent do not agree.
  • While cost of living expenses continue to increase, 60 percent of workers haven’t received an adjustment based on the change, but of those who did, most were from Gen Z (43.4%).

salary guide goes prime time

While job security and flexibility play a role in employee satisfaction, pay is always top of mind. Ensuring salaries are competitive across all industries helps attract and retain top talent. For this reason, we shifted the timing of the release of our annual salary guide to the third quarter, after just producing one at the start of the year. As one of the most prestigious reports available, we felt our clients would benefit from updated information for a fresh approach and critical foresight to meet the needs of their employees.

sharing in-demand jobs and top cities

To engage talent and our clients, we created landing pages for both the most in-demand jobs and the job markets of 25 major U.S. cities. This holistic approach gives job seekers the ability to explore a new city, field or industry and get the inside scoop on each role, from skills and certifications needed to pay rates. We also provide information on the roles we fill the most to help employers plan ahead. Lastly, we combined our own wealth of industry expertise with current data from the U.S. Bureau of Labor Statistics to create our city guides. There you can view the top 12 jobs in each market.

We can’t wait to share what’s in store for 2024. A few projects to be on the lookout for include: Workmonitor, legal landscape, focus on talent scarcity and many more to help guide the year ahead.

If you’re interested in working together, we’re here to assist.