2024 Hiring Trends: Embracing Positive Changes

Stepping into 2024, the hiring landscape is experiencing a significant transformation, with companies globally adjusting to the demands posed by the surging need for tech talent.


The Talent Shortage

Navigating the global tech talent shortage is no small feat, right? With over 85 million positions to fill by 2030, it’s time to get creative. In 2024, companies worldwide are taking a thoughtful approach to hiring in the face of the growing demand for tech talent.

  • Standing out in the crowd means focusing on the candidate experience, from job descriptions to onboarding.
  • Integrating company culture into recruitment is key for a successful long-term strategy.
  • Highlighting culture, values, professional development opportunities, and a commitment to work-life balance is not just a trend—it’s vital for attracting and keeping top tech talent in 2024.


Remote Working

Remote hiring is here to stay! Thanks to the persistent talent shortage and a challenging global economic environment, companies are embracing remote work for tech and digital positions. It’s a win-win, allowing organizations to tap into a global pool of skilled and cost-effective talent while speeding up the hiring process. Even companies with on-site or hybrid workstyles are jumping on the remote hiring bandwagon for certain roles. The number of startups hiring remotely has skyrocketed from 900 in 2019 to 14,000+ in 2022. With the increasing preference for remote work, companies are shifting towards distributed teams to retain top talents.


Changing Talent Expectations

Talent expectations are evolving, and in this tight labour market, they’re holding more cards. Startups need to rethink their hiring strategies to align with what top talents value.

  • Tech professionals now prioritize flexibility and work-life balance over traditional benefits.
  • To attract top talent, innovative companies are adopting hybrid work models and well-being policies tailored to the needs of today’s tech candidates.


Importance of Culture Fit

Cultural fit is a game-changer! It’s not just about skills; it’s about creating a work environment that fosters collaboration and innovation.


Companies that prioritize cultural fit experience:

  • Reduced staff turnover
  • improved teamwork
  • positive brand reputation.


It’s all about building a skilled and connected workforce committed to long-term success. While cultural fit is crucial in tech recruitment, it should also promote inclusivity for a diverse and thriving team.


Using Artificial Intelligence and Machine Learning in Recruitment

Let’s talk tech! Artificial Intelligence (AI) and Machine Learning (ML) are revolutionizing the hiring process.

  • Around 44% of recruiters find AI useful for speeding up hiring cycles
  • 32% see it as a cost-effective solution
  • 24% appreciate its help in identifying the right talents.


Leveraging AI and ML not only accelerates hiring but also cuts down on costs. Startups are jumping on the bandwagon, with 99% of Fortune 500 Global companies using Application Tracking Systems (ATS) to ensure a seamless hiring process.


AI isn’t just helping companies; it’s changing how candidates search for jobs and how recruiters attract them. According to a LinkedIn survey, job ads mentioning AI result in 17% more applicant engagement compared to other roles.


In conclusion, 2024 heralds a new era of positive changes in hiring, where adaptability, innovation, and a commitment to the evolving needs of tech talent serve as guiding principles. Embracing these trends not only positions companies on the cutting edge of talent acquisition but also ensures a resilient and future-ready workforce in the dynamic landscape of the tech industry.