Hiring has always been a challenging task for CEOs. Given the massive advancements in technology it has changed the way organisations conduct and manage their recruitment efforts. It is imperative for business leaders today to stay abreast of the latest trends and strategize hiring efforts accordingly.
With the shift in global economic and political landscape, how will this affect the recruitment industry? How will recruitment adjust to these changes? What can you do to help businesses gain a competitive edge?
According to LinkedIn’s Global Recruiting Trends 2017 report, the battle for skills will remain one of the major concern areas for worldwide corporate leaders. According to the survey findings, 83 percent recruiters cited that talent is number one priority in their organisations, with majority saying that their hiring volume will increase in 2017.
Meanwhile, 75 percent leaders believe their team is the key to carry out successful workforce planning. The study also notes that the top roles recruiters will be seeking are sales, operations, and engineering.
LinkedIn survey further reveals that some trends will carry on, as most companies will invest their budgets on traditional tactics such as job boards/ advertising and employee referral programs. However, 2017 will also see evolving recruitment methods that focus more on improving candidate experiences.
While this might already be the first-half of the year, it is never too late to get insights of top recruitment trends in 2017. Check out seven trends below and see if you already have them on your recruitment strategy:
Simply posting job openings on your company’s website or job portal is outdated. Managers should widen their scope of recruitment to wider area, where people spend most of their spare time: social media.
With the existence of social professional networks such as LinkedIn, you can source quality talents and fetch them personally. Social media will be the new platform to build relationship and engage potential candidates both active and passive.
For the past few years, contingent workers are coming into the workplace. The rise of gig economy has proven to be win-win solution for both companies and talents. Hiring freelancer, part-timer, or contract worker has enabled employers to reach broader talents with diverse skill-sets and experiences. Meanwhile, the talents will gain more flexibility and control over their own working rhythm.
Above LinkedIn survey indicates that branding is the top investment wish-list. More leaders are recognising that employer branding is one great force to attract, engage, and retain top talents. With the bargaining power shifts to the candidate’s’ hands, business leaders should strategise to sell their company and create positive impression to prospective candidates.
HR department can expect to see more automation tools and machine that will replace human administrative jobs. AI, or artificial intelligence is no longer imaginary persona you can only find in sci-fi movies. This sophisticated technology has played pivotal role in recruitment industry, too. Using AI-powered applications, managers can implement seamless hiring operations, from candidate screening, interviewing to onboarding.
Recruiters should start leveraging data and analytics to provide better candidate experience and make better hiring decisions. Data and analytics will enhance the whole recruitment process, which allows employers to engage quicker and hire faster.