Bad and outdated hiring practices can slip into the system while everyone is busy getting their job done. But the outcome can be more disastrous than you think. Companies across the world are grappling to make the appropriate hires. But remote working has changed the face of the hiring process altogether. Companies need to update outdated hiring practices to attract talent. Even though the available talent pool is extensive, candidates also have high expectations from their new workplace.
More than 72% of employers struggle to hire the right candidate. Moreover, 20.8% of employers find it difficult to keep up with the demands and requirements of the candidates. Hiring the wrong candidate not only creates a wrong impression about your company but also involves an extensive cost. With such significant changes in where and how companies recruit new talent, it is crucial to understand what works and what doesn’t. Adapting to the new trends will ensure your company’s success in the long run.
The recruitment industry has suffered a major blow during the pandemic. But as we have set into 2022, things are taking a turn for the better. To make sure that your company is ahead of the hiring trends, here are a few tips you can follow.
Pay Close Attention to Company Referrals
Introduce an employee referral program. Often, you get the best candidate for a particular job role through such a program. Career Plug’s metric report 2021 has shown that the candidates coming in for the interview through referrals are 13 times more likely to be hired than those who come through the job ads.
When a candidate is being referred by an employee, you know that the potential employee already has an idea about the expectations you have as an employer. Hence, as an employer, you won’t have to spend much time gauging the candidate.
Use Automated Solutions Instead of Manual Processes
Even if you aren’t hiring the top talents, your competitors surely are. The longer it takes your potential employee to jump through the hiring process, the lesser are the chances of them choosing you as an employer. The long hiring process can lead to poor candidate experience. This can be detrimental to your brand image.
So, what do you do to alleviate this problem? Leverage technology and speed up the hiring process by using talent insights. By automating the manual processes, you can remove the creases in the existing hiring process.
Here are a few things you can do to automate the process-
- Use labor market and recruitment insights from JobsPikr to know the in-demand skills and job roles.
- Create a searchable recruitment database that will allow you to access candidate details with a few clicks.
- Use hiring chatbots and integrate them within the hiring system of your organization.
Overcome Recruitment Biases and Outdated Hiring Practices
Many recruits fail to realize that there are hiring biases and they need to avoid that. It will remain prevalent unless you take steps to eliminate them. Often, when a recruiter sees a well-dressed candidate, they form a preconceived notion about the candidate being ideal for the job role. This causes them to ignore the red flags. You are simply taking in information that is validating your belief while ignoring things that are important.
To mitigate this, you can involve other employees of your organization to conduct the interview. For instance, you can ask the team lead to sit through the hiring process. More often than not, they will have a different perspective than the recruiters. At times, they might pick up on some things that recruiters do not. To decide on the basis of data, use personality tests and remove biases.
Every recruiter is way more biased than you know. Automating the process can also help in avoiding biases as a recruiter.
The recruitment industry has been suffering from the problem of skill gaps for a long time now. Since the onset of the pandemic, a majority of the world population is working remotely. Companies have realized that they have access to a pool of candidates having the top skills across the world. This gives them leverage over their competitors.
Extending their reach shows that any candidate from any corner of the world can apply for a particular job role. This might be the reason many companies are still hesitating to go back to their regular work-from-office mode.
Many organizations make the mistake of believing that hiring candidates from across the world means additional expenses but you should design a system that can go through multilingual resumes. With a one-time configuration setup, you should be able to hire employees from different countries.
Improve Candidate Experience
If a candidate has a poor experience during the recruitment process, they end up talking about their experiences to people they know. Working on improving the candidate experience is important for a brand and hiring top talents.
To do that, you have to assess the candidate’s experience and try to improve your recruitment process as much as you can. You can improve the hiring process right from sending out an interview letter to onboarding. Let’s take a look at what you can do.
- Communicate regularly with your candidates to keep them updated about the application status.
- Shift to video interviewing wherever necessary.
- Use calendar integrations to schedule interviews to ensure no appointments are missed.
Hiring the best talent for your organization can be more challenging than you know. But if you learn from your experience, you can gain a competitive edge over your competitors when it comes to hiring the right talent.
The changes that the two years of the pandemic have brought to the hiring industry have become the stepping stones for the new strategies. So, hiring strategies have to be refurbished and outdated hiring practices need to be updated. Implementing automated solutions will only make the hiring process more effortless.
If you are finding it difficult to assess the right solution to hire the best talent in the industry, JobsPikr can help. With JobsPikr, you can gain a deeper insight into the labor market trends.