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Why Recruitment is No Longer Just About Hiring—It’s Workforce Planning

1 day ago by
Why Recruitment Is No Longer Just About Hiring—It’s Workforce Planning

Recruitment used to be about filling vacancies. Today, it’s about building the future. As businesses face rapid technological change, shifting workforce expectations, and global talent shortages, recruitment has evolved into a strategic pillar of workforce planning.

The shift from reactive to proactive

Traditional recruitment was reactive—someone left, and HR filled the gap. But in today’s dynamic environment, that approach is no longer sustainable. Strategic workforce planning means anticipating future talent needs, aligning hiring with business goals, and building a workforce that’s ready for what’s next.

According to the Society for Human Resource Management (SHRM), organisations are increasingly using workforce planning to navigate hybrid work, skills shortages, and demographic shifts. In fact, 58% of U.S. employers offered hybrid work in 2022, prompting a re-evaluation of how and where talent is sourced and deployed. In Australia, 66% of organisations offer hybrid work.

Skills, not just roles

One of the biggest changes in recruitment strategy is the shift from hiring for roles to hiring for skills. This approach allows companies to build more agile teams that can adapt as business needs evolve.

SHRM highlights the rise of skills-based hiring, where candidates are assessed based on their capabilities rather than traditional credentials. This not only widens the talent pool but also supports internal mobility and upskilling.

Example:

IBM has embraced skills-first hiring by removing degree requirements from many roles and focusing on practical competencies. This has helped them tap into non-traditional talent pipelines and improve diversity.

Recruitment as a data-driven function

Modern workforce planning relies heavily on data. From predictive analytics to talent mapping, recruitment teams are now using data to forecast hiring needs, identify skill gaps, and optimise workforce composition.

In healthcare, for example, organisations are using data-driven workforce planning to reduce costs and improve outcomes. A recent Forbes article notes that this approach helps align staffing with patient demand, ensuring the right people are in the right roles at the right time.

Example:

Kaiser Permanente uses workforce analytics to anticipate staffing shortages and proactively recruit for critical roles months in advance.

Recruitment and retention go hand in hand

Workforce planning doesn’t stop at hiring. It includes retention, succession planning, and internal development. Companies that treat recruitment as part of a broader talent strategy are better positioned to retain top performers and reduce turnover.

Example:

Commonwealth Bank of Australia (CBA) has embedded workforce planning into its broader talent strategy through its Future Skills initiative. The bank has committed to reskilling 6,000 employees by 2025, focusing on areas like data, digital, and risk. Rather than relying solely on external hiring, CBA is investing in internal mobility and capability-building to meet future business needs. This approach not only supports retention but also ensures the workforce evolves alongside the bank’s strategic direction.

Final thoughts

Recruitment is no longer a siloed HR function, it’s a strategic lever for business success. By embedding hiring into workforce planning, companies can future-proof their talent strategy, respond faster to change, and build teams that thrive.

Looking to align your hiring with long-term business goals?
Partner with MTC Recruitment to build a workforce that’s not just ready for today—but prepared for tomorrow.