A lot of things have changed in the recruitment industry over the past two decades. We witnessed a significant change in the global market as employees are leaving their jobs to find better jobs. The hiring process has also evolved as it uses advanced technologies to make the process faster and efficient. We have mentioned a few things that will help you assess the changes you could notice in the recruitment industry over the last two decades.

Candidate-drive job market

With more than 11 million jobs openings for the 6.9 million skilled job seekers, the recruitment industry faces some fierce competition. While competition is not a new thing, for the first time, the market shift is on the candidate’s side. Top talents are highly educated individual who possesses a wide range of skills, and many large enterprises often prefer such candidates. So, you need to create a faster, efficient, and seamless recruitment process. Building a positive interview experience will help you attract the top talents to your organization.

Focus on a diverse workforce

At present, recruitment is not limited to local talents. Your focus should remain on hiring the best talent without considering their gender, age, race, culture, ethnicity, or any other factor. Creating a diverse workforce has shown positive results for businesses. A diverse group of individuals will bring unique ideas to your organization, which helps in creating an effective work culture.

Implementation of modern technologies for recruitment

It wasn’t that far when we used to call every potential candidate and conduct a telephonic interview. This process used to take a lot of time as you might have to spend 20-30 minutes on every candidate. Technologies have fully transformed the hiring process by creating a faster and efficient method for recruitment. Digital hiring has not only made hiring faster, but it also reduced the hiring cost.

Finding culture fit employees

Hiring candidates based on their educational qualifications and experience is not acceptable anymore. Recruitment has now become focused on finding candidates who are culture fit. A suitable candidate will easily fit in the work culture and remain with the company for a long time. Such factors reduce the risk of a bad hire, which is expensive for any organization. You can add culture-fit interview questions to evaluate candidates and find the best candidate.

Digital hiring is the new age trend

Digital hiring is the process of utilizing technology to source, assess, and hire the best talents for open job positions. Every company competes to hire the best talents in their organization, and for that, you need to use modern technologies to stay ahead. Data shows that candidate prefers joining an organization that uses new technologies. Using a digital interview tool such as Jobma will surely help your organization.

Preparing for the future with data analytics

The biggest change in the recruitment industry is that HR leaders are preparing themselves for future needs. By using data analytics, HR leaders can find a pattern in their recruitment process. They can predict hiring requirements to ensure that they can match hiring expectations for their organization.

Rise of Social Media as a crucial recruitment platform

Nobody expected social media platforms to become such a crucial aspect of the recruitment industry. LinkedIn is amongst the most popular platforms, with more than 740 million users. The giants like Facebook, Twitter, and Instagram boast billions of users. You can customize your hiring process by location, job type, qualification, and other filters. This way, you can quickly boost your search for the top talents globally.

The evolution in the recruitment industry has helped remove any limitations and create a seamless interview process. Recruiters are now faster and more efficient in their recruitment process. While there was a steady implementation of these technologies, the Covid-19 pandemic has forced many industries to switch their processes quickly.