A number of companies are incorporating HR technology into their hiring strategy, the recruiting software market is flourishing across the world. Now that attracting and retaining top talent has become harder than ever, employers are continually striving to stay relevant in today’s candidate-oriented job market. For this reason, companies looking to augment their hiring efforts in less time must make strategic use of technology and gain a clear understanding of modern-day recruitment trends.
Here, we highlight the latest top 5 hiring trends that are going to dominate the recruitment space in the coming year so that you can implement them the same for yielding outstanding results in the best way possible.
1) Artificial Intelligence (AI) – A game-changer
Artificial Intelligence (AI) is changing the recruitment game with each passing day. Contrary to popular belief, the prime purpose of this technology is to improve the overall efficiency of recruiters and hiring managers. Thus, it must be taken into consideration that AI technology is not meant to replace human recruiters. Now that AI has entered into the recruitment space, it is being utilized for eliminating labor-intensive manual tasks through automation. The best part about this new-age technology is that it does not exhibit any biases when it comes to screening potential candidates for open job positions within the company. AI-powered recruitment tools can effectively engage applicants throughout the recruitment process & effortlessly handle intricate tasks like pre-screening candidates, offering an efficacious solution, etc.
2) Social Media Recruiting – Expanding your reach
One of the most popular hiring trends in 2020, social media recruiting is the new HR strategy. A majority of businesses are using different social media networks to attract and hire fresh talent for open job vacancies. Being the most powerful recruiting strategy in today’s age, recruiters can swift through popular social networks like LinkedIn and Facebook to find exceptionally talented job candidates. Once you successfully connect with talented candidates, you can encourage them to apply for vacant job positions within the firm. More essentially, you can integrate your recruitment tools with social media pages to achieve better hiring results instantly.
3) Hiring Automation – A key focus area for recruiters
Saving time & reducing hiring costs are the main reasons for recruiters to use automation. Hiring managers utilize HR automation tools to hire and retain the best talent. Although this recruitment trend has been around for a while, it has soared in popularity recently. These tools can come in handy for automating the recruitment process, thereby making it more efficient and faster. Keeping everything else aside, it is extremely crucial to select a good applicant tracking software for reaping the benefits of HR automation.
4) HR analytics – Enhancing the recruitment decision making
HR analytics is key to enhance the recruitment strategy as they make it easier for modern-day recruiters and hiring managers to indulge in more informed decision making. It involves the use of data to improve recruiting practices. Organizations in different parts of the world are employing HR analytics to make their recruitment strategy stronger instantaneously.
It is an undeniable fact that the talent acquisition landscape is changing each day. The new breed of HR managers is becoming more tech-savvy so that they can hire top industry talent in less time. So, make sure you implement these latest recruitment trends in 2020 to fulfill your organization’s hiring needs more effectively.