The recruitment landscape is transforming completely in one year to a level reachable earlier in a decade of time. Just like the bourses, a wide variety of happenings and incidents around the world effects the outcomes of the recruitment industry. Politics, economics, and technologies are important catalysts in transforming the dynamics of the recruitment conjectures.
Watch out this space for such recruitment industry trends:
Renting talent: Instead of permanent employees spending their lives with companies to show their loyalty, candidates will keep running for the next big opportunity. The executive search firms have to make accommodations for the contingent workers or risk losing real talent. The companies have to build strong employer brands to attract the right employee home. Moving to Instagram, Snap chat, and new forms of social media is unavoidable. That brings us to the next in the recruitment industry trends.
Job advertisements must reflect personality: Money isn’t the ‘be all and have all’ for the employees of today. The job advertisements have to inspire and motivate candidates to look for opportunities in your company even while they might be working for some competitor. The personality and the values for which the company stands must be reflected in the job adverts displayed by executive search firms. The platitudes have to go away in attracting the perfect interviews for the interview.
Design thinking: Next on the recruitment trends is design thinking. The executive search firms have to bring their mind-sets to a level of the clients, employees, and the employers. The right set of qualifications have to be matched up with the right job description to have a beneficial effect for everyone. Study the data, analytics, and the candidate journey map for effective placements of candidates.
More power to candidates: The ball isn’t in the employer’s court to make a choice. The candidates have the sole discretion to make the decisions. Negotiations on salary and joining period are still there but the balance is tilted towards the candidates’ side to make the final call. The companies are there to oblige and agree to their terms and conditions. This is the reason, it has given to the rise of a new trend of candidate experience throughout the interview process. From searching for the job on mobiles to applying for the jobs, and then finally making to the interviews- candidates are being pampered by the companies these days.
Actionable intelligence: The human resources management tools and candidate performance analytics have been here for a while. They will make inroads further into the recruitment industry. The companies can make judicious choices based on the numbers they gain from such analysis used. That also helps employers with the types of questions to be placed in the interview questionnaire. It has become very convenient today to evaluate every interaction, the candidate made with the company’s content and how it influences their decisions. Furthermore, the content liked by candidates can be pushed forward for positive changes to be made.