2024 Workplace & Leadership Trend-Tracking from CFW Careers
What lies ahead in 2024? In this blog post, our team shares the top trends that we see set to redefine the pathways for talent development, and we offer insights into navigating the evolving landscape of career growth in the coming year.
In our work as executive recruiters and coaches, we’ve identified three key areas in which we’re seeing clear shifts in the talent landscape: 1) Leader & Workplace Well-Being, 2) Internal Career Pathing, and 3) Recruiting Strategies. Cynnie King, Rachel Fagnant-Fassler, and Maria Simon all weigh in below on our observations and analysis.
Leadership and Workplace Well-Being
There's a lot of important research and journalism examining how the ability to pay attention has been severely diminished over the past few years and the resulting lack of productivity and overall psychological well-being of individuals in the workplace. I think we're going to have to start proactively working on counteracting the forces driving diminished attention in order to make work a healthy, positive, meaningful experience. And leaders are the first line of defense in this journey. In our executive coaching practice, we're seeing how improving attention can make for higher job satisfaction and improved performance. -Rachel Fagnant-Fassler, Co-Founder
Internal Career Pathing
It’s become evident to most of us that a career path often isn’t straight nor a steady ascent up a career ladder. Along the way, we often discover and develop new strengths and interests and seek new ways to apply them. Furthermore, fluctuations and unknowns of the job market and the sometimes dramatic shifts or changes in business sectors demand adapting and rerouting one’s sense of professional direction. In 2024, we’re responding to increased requests for Career Pathing programs implemented by (enlightened!) companies– especially with the compelling stats around the way in which these programs move the needle on retention, engagement and building a talent pipeline toward the future. -Cynnie King, Co-Founder
Transformative shift in recruiting strategies
At CFW Careers, we observe a growing trend towards holistic candidate assessments, and an emphasis on transparent communication in the talent acquisition landscape. Beyond the conventional matching of skills and job descriptions, organizations are recognizing the need to evaluate soft skills such as a growth mindset and resiliency in potential candidates . This trend reflects an acknowledgment of the dynamic market trends that demand a more proactive approach to building resilient and innovative teams. Our focus remains on guiding organizations to not only meet the challenges of today but to strategically prepare for the uncertainties of tomorrow. -Maria Simon, VP Strategy & Talent Partnerships
For additional insights, please follow CFW Careers page on LinkedIn. To learn more about our Talent Advisory, Career Coaching and Retained Search services, please contact: careersteam@cfwcareers.com.