The advent of technology, employment outlooks, the global pandemic, and many other factors have changed the HR Services industry a great deal. Recruitment trends are changing drastically as you read this blog. Things have turned more dynamic than ever for the HR industry. Recruitment practices have evolved, and HR professionals are, for all the right reasons, at their wit’s end to stay updated with the what’s what of the recruiting trends.
As a seasoned HR outsourcing services company, we know how technology, the internet, and the current working environment are dictating the world of recruitment. Take better health benefits, on-job health policies, work from home, and other such trends, for example. The recruitment industry is transforming, and we are here to help you keep up.
Today, we bring you the top recruitment trends that you must watch for in 2021.
AI-Based Recruitment
Artificial Intelligence has become an integral part of research and analysis. With AI by your side, your recruitment process will be more streamlined, faster, more efficient. At the same time, it will also make finding the right candidate less time-consuming. On top of that, AI helps you minimize your recruitment costs too.
With correct job profile data entered by you, the AI will be able to filter through all the online resumes much faster than filtering the resumes manually. AI-powered recruitment chatbots are also emerging as the latest recruitment trend. With so many candidates to talk to, AI chatbots are a great tool in simultaneous real-time conversations. The chatbots are fed with a specific set of questions. These questions help the bots pass the right candidates through the funnel, at the same time, they also help in improving the candidate experience.
Video Interviews and Online Communication
The COVID-19 pandemic has led recruiters to find safer ways to conduct interviews with candidates. Instead of in-person face-to-face rounds, HR professionals are now focusing on one-way and two-way video interviews.
What are one-way video interviews?
When employers create a questionnaire and ask the candidates to record a video answering the questions, it’s known as a one-way video interview. While many recruiters are using this method, we suggest going for it only if you (interviewer and/or the job seeker) are facing connectivity issues.
What are two-way video interviews?
When a video interview is conducted over a video call platform such as Zoom, Google Meet, or even WhatsApp video call (yes, WhatsApp video calls also count), it’s known as a two-way interview.
There have been many instances when a candidate is unable to see the interviewer because they have not activated their screen. Again, we suggest not to do so because it’s not a good practice. Would you interview a candidate in your office with your back turned towards them?
Advantages of video interviews
The first advantage of video interviews is that they keep you safe from the peril we all are facing right now, catching the deadly Coronavirus.
On the productivity front, video interviews require less time than in-person face-to-face rounds. They also cost less (for both the candidate and the organization).
A Rise in Natural Language Processing
While AI allows a machine to think like a human, natural language processing gives computers the ability to understand words the way humans do. In both text and speech form, NLP allows recruiters to save a lot of time and minimize human errors. In this way, NLP can be programmed for automated screening and processing of resumes. All the pre-interview scrutiny is done by NLP, minimizing your efforts.
On top of that, natural language processing can take your interview calls a notch above the rest. When implemented the right way, NLP identifies expressions and speech patterns and catches even the minor details that human ears are not always trained for.
Rise in International Hiring
With COVID-19 creating a new wave of work-from-home environment, remote work is coming to the front foot. This trend is rising on a global scale. As a result, international hiring is also on a rise. For this, organizations are taking the help of offshore outsourcing companies more than ever.
International hiring allows organizations to create a workforce in a different state or country without worrying about creating their own office there. The offshore team is handled by the outsourced company and they handle all the payroll, taxes, compliance, and other such tasks that are under their scope of responsibility.
Predictive Analysis
With the technology taking charge of almost everything that we do, hiring processes have also benefitted a lot from it. Take predictive analysis for example. As the name suggests, predictive analysis is the statistical use of data at hand to predict what may happen in times to come.
Organizations use predictive analysis to see what operational challenges they may face over time, creating a clear picture of what talent needs to be hired at the right time. Predictive analysis also helps organizations in minimizing employee turnover.
Conclusion
Hiring has become more than merely bringing the right talent to your organization. It has transformed into bringing the top talent on board and ensuring they stay with you. Every organization has a mechanism in which all staff members work in tandem with each other. The top recruitment trends that we discussed here are playing a vital role in enhancing productivity and employee experience. Talk to an experienced and trusted HR consulting company to see how you can stay updated with these trends.
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