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Looking ahead to hiring in 2024

Realistic goals for the new year of hiring

January is an important month for hiring managers — a time to set goals for the year, review your strategy, and make a plan for sourcing candidates. January is also a time when many organizations approve their annual hiring budgets.

As you head into a new season of hiring, a few things to think about:

  • Set realistic goals. That includes pacing your hiring and prioritizing finding key employees first — those whose hiring will have the biggest impact on your company and teams.
  • Start sourcing early. The earlier you start looking for candidates, the earlier you start interviewing, and the sooner you get to the hire. Reach out to a recruiter like those of us at The Swan Group for support.
  • Be prepared to close deals quickly. January is Go Time for candidates, too, and they’re ready to meet their own goals by finding new jobs as fast as they can.

By following these tips, you can make January your most successful recruiting month yet and start the new year off right.

Prioritize your new hires or lose them.

Happy to have done so much hiring this year? Not so fast! A new report out by Qualtrics found that 39% of employees who have been hired within the last 6 months plan to leave within the next year. Ouch.“Steve, that’s probably just an anomaly. How many people could they possibly have asked?”

I thought that, too, but it turns out that Qualtrics asked almost 37K people. This trend is a change from the past, and fewer new hires, in particular, show engagement and well-being in their jobs. Since SHRM says it costs nearly $5,000 to hire and onboard a new employee, new-hire unhappiness is not great news. 

Also not good news, and related: Fewer than half of leaders (41%) actually prioritize the onboarding of new employees. You can see the problem.

Prioritize your new hires and focus on their wellbeing, and they’re far more apt to stick around.

Recommended reading:

It’s getting harder to hire

According to Gartner, a little more than half of new hires are turning down jobs right now — even if they’ve already signed a job offer. Some are changing their mind; others are ghosting employers before they even begin. 

What gives?

The number of people walking away from jobs they’ve already accepted has been steadily rising over the last few years, and a tight labor market is not helping. Candidates have a lot of options.

Working with a recruiter like me is a good way to ensure that the person you decide to hire actually follows through on their word. Recruiters like those of us at The Swan Group put a lot of effort into cultivating relationships with both job seekers and hiring managers. 

Steve Swan

The Swan Group


Are you looking for top IT talent in the pharmaceutical or biotech industry?

Contact us to discuss how we can bring top-tier IT talent to your organization. The Swan Group are executive leaders with extensive IT recruiting expertise in the biotech and pharmaceutical space. Our goal is to ensure that each professional we place and each client we work with achieves a competitive advantage based upon our services.

Are you a professional looking for a new opportunity?

Contact us to discuss your career options or browse our opportunities. As a small boutique firm, we are in the business of building careers, not just filling positions.

ABOUT THE SWAN GROUP

Our goal is to ensure that each professional we place and each client we work with achieves a competitive advantage based upon our services. Our specialty is high-level INFORMATION TECHNOLOGY placement within the Pharmaceutical, Bio-Pharmaceutical, and Consumer Products industries. Thoughts, comments, or would like to discuss further, please contact us.