After Moonlighting, Quiet Hiring is workplace slang
The trend of “quiet hiring” emerged as a response to the trend of “quiet quitting” in late 2022 when employees started to work only what was strictly needed. This behavior resulted in organizations losing skills and capabilities, but retaining the employees. To address this, HR leaders 2023 introduced the concept of “quiet hiring,” which enables organizations to acquire new skills and capabilities without adding new full-time employees.
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The primary benefit of quiet hiring is that it allows organizations to keep the necessary skills to avoid business disruption while remaining cost-effective. Essentially, this trend means hiring short-term contractors or encouraging current employees to temporarily move into new roles within the organization.
This strategy helps organizations address acute, immediate business needs by assigning existing employees to new roles, expanding their responsibilities through stretch and upskilling opportunities, or hiring temporary workers to perform specific tasks.
Quiet hiring benefits employers facing a competitive hiring landscape, an economic slowdown, and pressure to keep costs down. On the other hand, employees can also benefit from quiet hiring by offering opportunities to learn new skills and gain more experience, expand their current skills, and unlock their potential, thereby strengthening their resumes and making them more marketable.
In conclusion, quiet hiring is an excellent strategy for organizations to keep the necessary skills and capabilities without adding new full-time employees. It also offers employees the chance to develop new skills and gain experience. While the trend may benefit both employers and employees, organizations must ensure that they provide commensurate compensation to employees who take on new responsibilities or move into new roles.
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