It’s a well-accepted fact that quality hire is one of the key concerns of any organization’s success. The talent acquisition realm has been seen as significant changes in the past few years. In the face of upcoming new technologies and the constantly evolving demands of employees, driving the talent acquisition industry and recruitment agencies to stay innovative and ahead of all the latest happening trends.
This year would be big for predictions, as some of the predictions if we look at-that telepathy and teleportation would be possible this year, robots would become our real therapists. Whereas some of these predictions are close to coming true, and if we turn our focus on the world of recruiting, we will find several more practical yet attainable goals this decade. They might be less interesting than teleportation, but these new compelling innovations are poised to make a major impact on the hiring process.
Below, take a look at some of the recruiting predictions in 2020, that can shape future talent acquisition practices:
Artificial Intelligence-based Candidate Matching
Artificial Intelligence has been spreading its wings almost in every sector, as well as in the recruitment industry. Among all industries, AI technology has got the ability to minimize errors and eliminate time-consuming and tedious tasks. With the proper inclusion of AI technology, recruiters of online placement agencies have more accurate and faster reach to the best talent.
Planning to secure from recession is going on full swing. Most tech gigs are anticipating a potential economic downturn in the near future, hence the talent acquisition industry is preparing for radically different strategies for the candidate market.
While for a long time we have been battling talent shortages and sometimes recession could result in talent surplus instead. But this will not resolve all the challenges around hiring and retaining the right talent. Most of the top recruitment agencies all over the world are opting for AI-based candidate matching solutions.
There will not be more recruiters and placement agencies in a downturn, but one can anticipate the number of applications for open positions can increase up to 20 times more than the current level. Effective AI recruiting solutions would be key to make talent pool more manageable by helping top recruitment agencies and unsolicited recruiters short-list candidates while finding those with the right skills such as adaptability, agility,…
Candidate-First Approach
In the recruiting process, a piece of information and experience is being collected which is not beneficial to the candidate, as they will be eliminated, of course, firstly the legal requirements are not considered.
However, recruitment agencies and hiring teams should work along with their legal departments to understand what is genuinely required and what can be done to deliver a better candidate experience.
For example, various studies show that about 60% of candidates will ignore a job application if they feel it is too complex or long. To avoid such incomplete applications and drop-offs, staffing companies have to cut down their extraneous data collection and let candidates get to the right point.
Infusing more feedback into the recruiting experience
Recruiting firms and teams will start to implement comprehensive feedback from clients and experience management solutions. this feedback can be collected at three stages, post-applications, post-interviews, and post-hire. This should be requested from all the candidates even for those who didn’t get interview requests or offers. By analyzing this feedback, recruitment agencies and hiring teams will be able to find out more opportunities that aid in improving the recruitment process.
Eliminating the Gender-based Pay Gap
Currently, there are plenty of tools to identify and solve the gender inequity issue commonly found in corporate pay structures. In 2020, the top companies will eliminate the gender-based pay gaps entirely. Organizations can implement salary checks, balances or compensation ratio intelligence at least in the internal transfer and promotion process.
Diversity in opting best-recruiting technologies can not only improve a corporate brand but also lead to stronger business performance, better employee retention, enhanced customer satisfaction, and increased employee engagement. Fair pay structures are important for the meaningful success of any workforce.
Workforce Diversity
Over the past five years, most of the organizations have developed some significant diversity initiatives and more companies are now starting to experience firsthand how a diversified workforce can increase productivity, revenue, accelerate innovation, and how helps in strengthening corporate brands and cultures.
In 2020, you can expect to see many anonymous recruiting initiatives like blind screening, assessments that would be taken by various staffing companies together with organizations. AI is considered to be a big leap in this process, but going forward, the recruiting teams should prioritize learning more about vendors’ efforts to prevent AI bias before opting for any AI solution.
Flexibility in Hire Type
In this year, the companies will start to move away from predetermined contracts, contingents, and direct-hire roles. Instead, recruitment agencies or enterprises can find the most appropriate skilled person for the role and hire them.
Regardless of reasons, most candidates are looking for nontraditional working options. So, the companies have to become more flexible as to compete for the best talent. As a result, the recruiter’s, staffing companies’ focus will shift to the perfectly skilled employee, not just only the right hire-type fit.
Incruiter’s AI-Powered Recruitment
While Incruiter’s smart database and JTS-Job Tracking System technology have been around for some time, we are offering a fully automated platform that ensures access to multiple placement agencies, recruiters. Functions based only on state-of-art databases that aids to optimize intelligent features and work with sourcing software.
The power of incruiter’s AI combines and uses several of its recruiting features at the same time. Our unique and effective Job Tracking System technology along with CRM structure automatically transfers the information from one pool to another.
Incruiter will automatically organize any new profiles that come into your contact and sort, organize, and place profiles into your database for the present as well as future use.
One of the most overlooked features of CRM and JTS is its efficacy to create long-term recruiting strategies. Our database ensures that an employer can easily track and contact candidates directly, whenever they are in need of recruitment.
The best online staffing portal crowdsource placement consultancy that uses crowdsourcing method to identify active and passive talent pool and allows you to have highly qualified and skilled professionals who can fulfill the organization’s present and future demands.
Incruiter is also providing online freelance interview services on hourly basis for employers and companies.
2020 will be an exciting year, especially in the recruiting space. Companies are beginning to see the effect of diversity programs and the noticeable impact of emerging new technologies such as AI and experience more data.
Whether you are welcoming it or not, the new era of recruiting has arrived and Incruiter is in leading change!
Signup with us, to use sophisticated AI technology which will back you up every step of your hiring process and makes it simpler, 10X faster, and easier than ever before.
