The job market was more stable earlier, which gave job seekers more power in the market. Today that power has reduced due to the pandemic and in the economy. Planning the workforce has become challenging as companies look at layoffs or move people depending on business requirements. During this period, Recruitment and Hiring continue to remain the top concern. Unemployment is likely to remain high, and a lot of people are expected to look for a new job.
For a recruiter, sourcing the best talent and poor application quality are some of the challenging issues to navigate. This may be because of a gap in the skills for certain roles, or it may be a result of the companies' recruiting practices. At times, candidates may have multiple offers, making it difficult for any individual organization to successfully attract and retain them. Having to go through a high volume of applicants is another challenge. Less time per applicant could make hiring managers hurry through the profiles of candidates. This approach could lead to failure to identify the best candidates for the job.
The job market is bound to become more competitive, as many professionals are likely to consider changing their job or actively look for a new role. Fears have risen during this pandemic period and the need for security has grown. Since the pandemic, most employees prefer working from home more desirable than from office, and many prefer permanent positions than other forms of employment. Candidates are concerned about their health and safety if they must work onsite. These concerns need to be addressed, and employers must show that they are willing to go beyond to make employees feel comfortable.
Ways Hiring And Recruitment Will Change In 2022
To examine through a large talent pool, recruiters must embrace new hiring technologies such as automation and artificial intelligence. The benefits include time savings and improvement at all stages of recruitment.
One of the most recent trend that has emerged in the recruitment area is remote interviewing. Remote interviewing involves interviews taking place using video conferencing software, such as Zoom, Microsoft Teams, and similar platforms.
The use of technology helps deliver data-driven decision-making to identify areas of strength and weakness, as well as help reduce the cost, identify problems in the process, and fill vacant roles more quickly. The technology also enables shared hiring by making it easier for other departments to participate in the interview and selection process.
A good hiring process should include people at both ends. Automation can help by filtering through the data quickly, plainly and without error. This frees up recruiters' time to focus on the other areas of hiring, such as making personal connections with candidates.
In today's market, the overall experience is important to not only attract the best talent available but also to win over talent from your competitors.
Challenges of a Job Seeker
Companies are eager to hire strong performers and are removing non-performers. Job seekers with mediocre performance are finding it difficult to get proper jobs. Applicants need to display their skills to compete and get selected for the right job opportunity.
As recruitment becomes more computer-generated, more documentation is required and it involves an online test and some other tasks. The test is to pass the different rounds of interviews. Applying to these jobs is easy but getting through all rounds successfully can be a real challenge.
The market for candidates with new technological skills is strong and companies try to attract these candidates with improved salary packages and good benefits. Also, some companies have allowed the option to work from home permanently while others are following a hybrid system. A balanced work life is a strong attraction for job seekers. So, with so many options available in the market, choosing the right company is a challenge.
Challenges of a Recruiter
With most hiring stages going online, face to face interviews and physical meetings are on the decline. Candidates do not get the opportunity to experience the office environment nor do they get to interact with associates of the future company. It is challenging for the companies to give a good candidate experience to the job seekers.
Earlier, Face to face meetings wouldn’t take much time and employers could plan multiple candidates in a day. With most interviews going online, the number of interview stages has increased. There are many interview stages added to make sure that the right candidate is hired. This does not go well with most candidates and many drop off due to lengthy interviews.
There are many candidates who hold at least two or more offers in hand but are still searching for better offers. Shopping for better offers has become a common practice and has become a big challenge for recruiters to get the right candidate at the right time.