Hiring usually falls into three categories: backfilling roles, creating new ones, or addressing immediate needs. Quiet hiring is about that third category, even if it doesn’t technically involve any new hiring.
The idea of this strategy is to prioritize the most crucial functions at a given time. With Gartner predicting “quiet hiring” as the top workforce trend for 2023, it’s important to know exactly what it is and how to use it appropriately within the organization.
Quiet hiring is essentially when an organization gains new skills without having to hire a full-time employee. Sometimes, it means hiring short-term contractors or providing current employees with more responsibilities. This can mean moving employees around between departments, training them and hiring up, or simply taking on a heavier workload.
Jason LaMonica, COO of staffing company Spec on the Job, weighs in on what quiet hiring would look like for blue-collar industries. “It’s about changing the narrative,” he says. “Instead of upskilling or promoting internal managers with no experience in the field, hire a contractor outside of your organization and train them before making a full-time committment. They know the industry and they know the field. With a little bit of training, they’ll get the job done right.”
According to LaMonica, hiring contractors provides a number of benefits for companies seeking to address immediate hiring needs while saving onboarding costs. These include streamlining hiring by saving time and resources on recruiting, onboarding faster and from a wider talent pool, and allowing the staffing company to handle compliance needs.
“Hiring contractors allows companies to fill talent gaps faster,” LaMonica says, “especially if they are staffing to address peaks or valleys in their business. Moreover, it provides companies with time to ensure that the new contractors are a good fit for their team as well as easier avenues to terminate their contract if they aren’t.”
The reality is, since the onset of the Covid-19 pandemic, there has been a labor shortage that continues to increase each year. Some argue that this is due to employers refusing to pay the appropriate wage to their employees. Others counter that, since there are more job openings than people, jobseekers are taking advantage to get a higher paying role. Regardless of why there’s a labor shortage, there still exists a need to quickly adapt to the rapidly evolving workforce.
By hiring from outside the organization and providing the necessary training or schooling, companies will be able to increase retention, engagement, and productivity. “When companies work with trade schools or community colleges to provide additional training to its contractors, it provides those outsourced employees with something to look forward to,” LaMonica insists. “By offering clear paths for development that could eventually provide them with full-time employment, there’s a lower chance that they’ll seek another job that doesn’t offer advancement opportunities.”
“Whether or not we go into recession, everyone’s a little nervous,” concedes LaMonica. “Every employer still has financial goals to meet, and they can’t meet those goals if immediate hiring needs aren’t met.”
According to the Society for Human Resource Management (SHRM), the average cost per hire is $4,700 and it takes about 36-42 days to fill the position. In a potential recession, this is too much of an expense for any company, quiet hiring and upskilling current employees help reduce that cost.
According to LinkedIn’s survey, “companies that excel at internal mobility retain employees for an average of 5.4 years, nearly twice as long as companies that struggle with it.” For companies looking to improve retention rates from the contractors they oursource, this is a significant number to consider when thinking about their hiring needs.
“I’m passionate about building companies, growing teams, and having my work change the world,” LaMonica states. “As part of a staffing company dedicated to blue-collar industries, it’s important to know when recruitment costs outweigh hiring within the company.” Understanding this difference will help companies become recession-proof by increasing employee retention and lowering overhead costs.
Unleashing Deep Brain’s AI: Revolutionizing Cryptocurrency Marketing Strategies
In the ever-evolving landscape of digital currencies, Deep Brain’s cutting-edge AI technology emerges as a game-changer, redefining how cryptocurrencies are marketed and perceived. As the crypto industry continues to gain momentum, the role of innovative technologies becomes increasingly crucial in establishing a competitive edge. Deep Brain’s AI not only streamlines marketing efforts but also revolutionizes the way cryptocurrency projects engage with their audience, fostering trust, and driving adoption.
The Dynamics of Cryptocurrency Marketing
Cryptocurrency marketing goes beyond conventional strategies due to the unique challenges of this industry. It demands an intricate blend of education, community building, and trust establishment. Deep Brain’s AI steps into this arena, offering a multifaceted approach to address the distinctive needs of crypto projects.
Educational Content Creation
Cryptocurrency adoption relies heavily on educating the public about blockchain technology and the specific features of each project. Deep Brain‘s AI, with its advanced video creation tools, empowers crypto projects to distill complex information into engaging and easily understandable content. This aids in demystifying the technology and building a knowledgeable user base.
Building Community Trust
Trust is a cornerstone in the crypto space. Deep Brain’s AI facilitates the creation of authentic and compelling narratives through its video generation tools, helping crypto projects tell their stories transparently. This transparency fosters trust within the community, a crucial element for the success of any cryptocurrency venture.
Effective communication with the target audience is pivotal in the crypto sector. Deep Brain’s AI-powered tools enable crypto projects to tailor their messages, ensuring they resonate with specific demographics. This targeted engagement is instrumental in creating a loyal and supportive community around a cryptocurrency.
Deep Brain’s AI: Transforming Cryptocurrency Marketing Strategies
Dynamic Video Content
Deep Brain’s AI excels in producing dynamic video content tailored for cryptocurrency marketing. From explainer videos elucidating complex blockchain concepts to promotional content highlighting project features, the platform’s versatility empowers crypto projects to communicate effectively through the most engaging medium – video.
Cryptocurrency enthusiasts vary in their levels of understanding and interests. Deep Brain’s AI allows crypto projects to personalize their messaging for different audience segments. Whether addressing seasoned investors or newcomers to the crypto space, customized content ensures that the message resonates effectively.
Enhanced Brand Visibility
Deep Brain’s AI contributes to enhanced brand visibility in the cryptocurrency realm. By creating visually captivating and informative videos, crypto projects can distinguish themselves from the crowded market, leaving a lasting impression on potential investors and users.
Navigating Challenges with Deep Brain’s AI
Cryptocurrency marketing often faces challenges related to regulatory compliance. Deep Brain’s AI facilitates the creation of content that adheres to guidelines, ensuring that promotional materials are both engaging and compliant with evolving regulations.
Market Volatility Communication
Cryptocurrency markets are known for their volatility. Deep Brain’s AI aids projects in creating timely and relevant content that addresses market fluctuations, providing clarity and reassurance to their community during turbulent times.
Security is a paramount concern in the crypto industry. Deep Brain’s AI enables projects to communicate their security measures effectively, reassuring users about the safety of their investments and transactions.
The Future of AI in Cryptocurrency Marketing
AI-Powered Predictive Analytics
The future may witness the integration of AI-powered predictive analytics in cryptocurrency marketing. Deep Brain’s technology could evolve to analyze market trends and user behavior, providing valuable insights for crafting proactive marketing strategies.
The evolving landscape may demand even greater personalization in cryptocurrency marketing. Deep Brain’s AI could refine its capabilities to offer hyper-personalized content tailored to individual user preferences, driving more significant engagement.
AI-Driven Customer Support
As the industry grows, AI-driven customer support could become pivotal. Deep Brain’s AI may extend its capabilities to assist crypto projects in providing efficient and automated support to their user base, further enhancing the overall user experience.
Conclusion: Deep Brain’s AI Paving the Way for Cryptocurrency Success
In conclusion, Deep Brain’s AI technology emerges as a transformative force in reshaping how cryptocurrencies approach marketing. By providing innovative solutions for content creation, community engagement, and trust-building Deep Brain’s AI becomes an invaluable ally for crypto projects seeking to navigate the challenges and capitalize on the opportunities within the dynamic cryptocurrency landscape. As the industry continues to evolve, the synergy between AI technology and cryptocurrency marketing holds the promise of driving sustained growth, fostering community relationships, and propelling projects toward long-term success. Deep Brain’s AI stands at the forefront, paving the way for a new era in cryptocurrency marketing strategies.
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