Hiring and recruitment are no more traditional.
The problems like talent-shortage and lack of quality skills are increasing the level of competition among the recruiters to hire the best talent and retain it for a longer period, and largely deviating the steering of these processes towards all new trends.
The recruiters need to go more strategic towards the hiring process, keeping in mind the latest global trends prevalent in these processes.
Staying aware of the latest trends in hiring and recruitment may benefit the employers in coming across and hiring the best talents, and is of utmost benefit to the firm.
4 of the hottest trends in the hiring and recruitment process are:
Employee Experience is Precious:
96% of the recruiters, surveyed for the Global Talent Trends 2020 report, consider employee experience to be growing as an important considerable aspect in the hiring process.
The present trends are now propelling the mindsets of the companies to believe in the ‘Work for the employees’ culture.
What all the employee gets to see during the entire recruitment process, is termed as employee experience (EX).
Now, why is EX worth considering during the recruitment process?
Deloitte’s 2018 Global Human Capital Trends reported that 60% of respondents accepted that employee experience matters in employee retention.
The positive feedback and reviews of the company attract more referrals too.
An existing employee, if finds merrier to work in the company, has a lesser tendency for job-hopping and chants the happy culture off-the office even, and refers to joining the company to more candidates.
Internal Mobility:
Why not utilize the existing gems of the company to fill all the job vacancies?
This is what is meant by internal mobility.
The existing employees are provided with promotions, transfers, or are made permanent, within the firm. This meets with the quench of talented employee recruitment and also, avoiding the tedious new talent hiring process, and thus saves a lot of time.
Internal mobility makes the employees feel praised for their good-work, thus boosts up their self-confidence. The employees stay contented with their company, which greatly reduces the company’s employee turnover.
Data-Driven Hiring
73% of the employers, surveyed for the Global Talent Trends 2020 report, voted for the fact that data and insights from the existing recruitment process are important resources to be utilized in future hiring processes.
This helps in jotting down the loopholes in the process, that ask for immediate attention. And, at the same time, the strong points of the hiring process are also bolded by studying the process insights.
Rectifying the negatives and further enhancing the plus points improves the whole of the recruiting mechanism and brings a better pool of hires for the company.
Age Diversity in the Workforce
Appreciating the presence of employees from every age group unlocks the hidden potentials that each generation treasures within themselves.
The age-wise diverse workforce is always advantageous for the company, says 89% of the talent professionals surveyed for the Global Talent Trends 2020 report.
The newbies are brought up in a techie environment, and so are well aware of the latest technology uses.
Whereas the mature members are remarkable mentors, much experienced than the new-comers, and know the traditional work culture more closely.
Thus, a multi-generational workforce is always preferred over a single-age dominating one. So, age diversity is an upcoming trend in recruitments, worth watching in 2020.