Randstad on “HR Trends 2023”: unrealistic salary demands and little experience remain the biggest HR challenges

By: Trademagazin Date: 2023. 02. 28. 10:33

On February 20, Randstad published the first details of the “HR Trends 2023” research. The research conducted with the participation of nearly 250, mostly medium-sized and large companies, revealed:

only 41% of managers expect their company’s net sales to increase – compared to 61% last year;
the majority of the respondents believe that the problems causing the most headaches of the year will be the increased wage
costs due to inflation (71%) and higher operating costs (61%);
according to 62%, in response to a possible recession, their company will reassess its labor needs, half of the respondents will cut operating costs, and 48% may freeze hiring during the critical period;
97% plan a wage increase – last year this rate was 83% – it is true, however, that the rate of the increase is again below the expectations of the workers and the rate of expected inflation.