With AI and automation changing our workplaces, the hiring trends are also changing. Here are 9 hiring trends for 2020 which are gaining popularity.
s Artificial Intelligence, technical automation and Bots are transforming the nature of work and workplace culture, there is a need for educational institutes and skills-building programme initiatives to pace with the changing industry demands.
The Bots, however, are yet to master the Emotional Quotient and this is where soft skills like comprehension and empathy of a deserving candidate will thrive.
Another major shift in the Hiring paradigm is the shift of power towards a candidate from the company. With highly dynamic market competition, getting the right candidate with the right skill-set and cultural values has become a challenge for all recruiters.
Moreover, the candidates these days are more prone to experimentation like Job Hoppers’ and prefer a healthy work-life balance and on-job trainings over hefty packages. Millennial nowadays are keen on aligning their career choices with their passion.
The paradigm shift brings about a whole new set of hiring trends for the year 2020 – 21.
Here are 9 hiring trends for 2020:
1. Automated hiring process
Hiring a candidate is both a time-taking and a stressful task. More companies are likely to using recruitment automation tools to make the process easier and efficient.
The tools are now integrated with Applicant Tracking System (ATS) and Recruitment Marketing Software (RMS) to attract, engage, nurture and convert candidates into employees.
The tool simplifies, streamlines and makes the hiring process faster and efficient.
2. Data-driven hiring and HR analytics
HR professionals, across the board, are looking for comprehensive tools to ease their analysis, verification processes. These tools help analyze the entire lifestyle and candidature details of the recruit.
Tools help HR efficiently manage every minute task and data, through recruitment to retention; assessment, engagement and skill gap analysis.
These tools use data acquired through Hiring Funnels, ATS and RMS to plan and decide compensation and engagement methods.
Companies are in the process of optimizing their tools to improve hiring TAT and get meaningful insights on future trends.
3. Social-media hiring
Breaking the age-old stereotypes, the hiring managers are going beyond the usual job portals to look for the right candidate.
From LinkedIn and Facebook to even Instagram and WhatsApp, you have job ads everywhere.
Social media also gives a better insight about the candidate and help ensure he/she will be good fit for the organization.
Job recruiters use social media to even track and verify if the information posted on social media lines up with the candidate’s resume.
4. Hiring candidates with multiple skill-sets
The ever-changing landscape of job-market demands that candidates have varied skill sets and have the potential to adapt way more while on the job.
Clearly, employers are seeking potential. So if you have it in you, you’ll go a long way!
5. Remote workplace
More Indian employees are looking for work-from-home’ opportunities while seeking new jobs and companies.
According to a survey, 48% of the workforce may consider quitting their current job, if the company takes away the flexibility to work remotely.
According to the respondents, work-from-home gives them a better work-life balance and also helps them in managing stress levels.
6. Hiring people with disabilities (PwD)
More companies are open to hiring PwD and have a more nuanced understanding of their capabilities, these days.
Low Attrition levels, better productivity and high motivation are what led the employers to look into this segment of the population.
PwDs are also very skilled at handling difficult situations and make for wonderful resourced assets.
7. Recruitment marketing
In today’s world of competition, it’s a two-way lane wherein an employer also needs to resonate with the candidate’s values, ethics and perceptions. An employer brand needs to create a brand proposition to attract the desired talent pool.
One needs to maintain a good rapport and transparent communication across all the touch points a candidate has with your company.
The careers page, social media handles, media endorsements, Glassdoor reviews, Indeed, other industry recognitions, and benchmarks by authorized analysts like GPTW- Great Place To Work have become more important than ever before.
8. Technical expertise
With technology, research and development leading the markets by leaps and bounds, a candidate can’t miss out on being up-to-date on current trends.
Candidates need to upskill themselves to stay relevant in their jobs.
Moreover, companies these days use advanced tests and tools to identify the truly skilled candidates over the pretenders, so beware fake contenders!
9. Inclusive hiring journey
Hiring processes are time-consuming and tiring. Companies that give value to a candidate’s time and make them feel valued are going to attract better employees.
Remember, all candidates may not become your employees but all of them will have an opinion on whether your company is worth joining.
A combination of technology providing user-friendly mobile-optimized career sites with auto-fill functionality might be just one of the advantages!
Conclusively professional-personal life balance is needed to succeed, and giving timely feedback to the applicants will go a long way in maintaining a company’s trade and brand.