Due to the inflationary conditions of the current Australian economy, prices are continuing to climb. Naturally, this is increasing financial pressure on everybody, including businesses and the unemployed.
Inflation is forcing businesses to cut back on their expenses, salaries and limit their budgetary flexibility.
Cue the trend of Quiet Hiring.
This trend shows businesses are upskilling their current staff, keeping them from bringing in new employees and spending more on salaries. Young workers have expressed concerns about how this new trend could lead to burnout and increased stress without proper compensation.
However, it could work to your advantage…
Why is it good?
It can allow you to develop your career and open you up to new opportunities, in a struggling economy and competitive job market.
Quiet hiring can also be beneficial for freelancers and job seekers who will be able to fill the outstanding positions.
This opportunity allows them to grow amidst an uncertain work climate and may lead to a secure, full-time job in the future.
How could you get Quietly Hired?
- Make workplace connections
- Proactively engage in company initiatives
- Be enthusiastic and have an open/goal-focused mindset