Every year brings a fresh set of workplace buzzwords that encapsulate shifts in the corporate landscape. These trending terms, becoming part of the everyday business vernacular, often reflect changing paradigms and emerging practices. As we approach the midpoint of 2023, let’s explore some of these intriguing buzzwords and their implications for our professional lives.
2023 Terminology
Let’s kick off with “Quiet Hiring,” a term that has captured significant attention this year. It describes a process where companies seek and appoint talent discreetly, bypassing the typical public job posting channels. In this era of fierce competition and talent shortages, ‘quiet hiring’ is gaining traction. Companies are turning to niche job platforms, private talent networks, and engaging recruiters to tap into passive talent pools without openly announcing their needs. This practice aims at gaining a competitive edge by securing top-notch candidates before they become available to the wider market. Certainly one of the popular workplace buzzwords.
The antithesis of ‘quiet hiring,’ is the term “Rage Applying.” This phrase reflects the frustration of job seekers in this highly competitive job market. The process involves mass-applying to a broad spectrum of roles in hopes of landing a job. While understandable given the current market’s competitive nature, ‘rage applying’ often results in poorly tailored applications that lack specificity, reducing the likelihood of securing interviews. Job seekers are encouraged to channel their energies towards personalized, targeted applications to increase their chances of success.
Next on our list is “Gigification.” This term encapsulates the shift from traditional, full-time employment towards gig-based, flexible roles. As the workforce continues to navigate the aftermath of the pandemic, gigification represents the growing appeal of contract work, freelancing, and project-based roles. Companies are increasingly leveraging this model to manage costs, meet fluctuating demands, and access a broader talent pool. On the flip side, employees relish the flexibility, autonomy, and variety that gig roles offer.
“Reskilling Revolution” is one of the workplace buzzwords gaining momentum in 2023. The rapid technological advancements and the disruptive impact of the pandemic have prompted a rethinking of skills and capabilities. This phrase symbolizes the widespread movement to upskill and reskill employees to meet the changing demands of the job market. Companies are investing heavily in learning and development programs to equip their employees with future-proof skills, while individuals are proactively seeking opportunities for continuous learning and growth.
Lastly, “Workplace Well-being 2.0” has emerged as a focal point in 2023. More than a one of the workplace buzzwords, it signifies an evolved understanding of employee well-being, moving beyond mere physical health. It includes mental health, social connections, financial wellness, and even purpose and meaning at work. The pandemic has underscored the need for a holistic approach to employee well-being, and companies are increasingly implementing comprehensive strategies to support their workforce.
Workplace Buzzwords
These workplace buzzwords – ‘quiet hiring,’ ‘rage applying,’ ‘gigification,’ ‘reskilling revolution,’ and ‘workplace well-being 2.0’ – encapsulate the evolving dynamics of the modern workplace. They shed light on how businesses and employees are adapting to the shifts brought about by technology, economic volatility, and the ongoing impact of the pandemic. Understanding these terms can help us navigate our professional journeys in 2023 and beyond.
To learn more please reach out and connect with a consultant.