The Future of Hiring — 7 Ways The Hiring Process Is Changing

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The way we work is changing and so is the way we hire. Remote work, video communication, and automation are the new normal.

While advances in technology and millennial trends are the key drivers behind these changes, the COVID 19 pandemic has accelerated the changes and ushered in a new era of work.

Below are the new methods companies are adopting to find, engage, and hire top talent.

1. Applicant Tracking Systems

Many companies are gradually moving away from the traditional hiring process.

They are making use of applicant tracking systems to streamline the hiring process and enhance the candidate experience.

Applicant Tracking Systems make it easy to track applicants and keep the candidates in the know about the status of their job applications.

2. Pre-hire Assessments

With more than half of the workforce working from home, it’s now very important to acquire capable talent with the right skills and personality.

To succeed in the new workplace, candidates need strong communication skills, self-motivation, the ability to adapt, and tech-savvy skills.

Hiring managers are relying on skills and personality assessment tests to identify the best-fit candidates.

3. Artificial Intelligence (AI)

Using a recruiting AI is a great way to speed up the hiring process.

As long as the AI application is programmed with objective data, AI-driven candidate selection can also help eliminate unconscious bias and ensure diversity and inclusion without compromising the quality of hires.

Research by Sage revealed that more than 24% of businesses are already using Artificial Intelligence for hiring while 56% of managers are planning to adopt recruitment automation within a year.

4. Video Interviews

Now that video communication is a part and parcel of the new way of work, it has also become an important recruitment tool.

Hiring teams are now using automated interview scheduling tools and conducting video interviews.

Applicants no longer have to travel to the office for a face-to-face interview.

5. Collaborative Hiring

The day of a single hiring manager making all the hiring decisions is coming to an end.

Companies are realizing that a collaborative hiring effort is more effective at identifying the right candidate to hire.

Furthermore, interacting with multiple employees helps candidates decide whether the company’s a good fit for them, which increases talent retention.

6. Social media as A Recruitment Tool

LinkedIn is already a major hiring tool. From checking candidate profiles to searching potential hires, hiring managers already rely on LinkedIn to aid their hiring decisions.

And now that top candidates are placing more importance on the company culture when deciding what offer to accept, more and more companies are taking advantage of social media sites to showcase their values and attract the right employees.

7. Hiring Data Analysis

Thanks to technology, human resource teams now have access to valuable data they can use to evaluate their talent acquisition and retention strategies.

They can review everything from the responses to the video interview to the type of training provided and gain insights on how to select the best candidates and improve talent retention.

Conclusion

Many experts believe that a hybrid and distributed remote-office model is the future of work. These changes in the workplace are going hand in hand with the changes in how we hire.

While the COVID 19 pandemic has certainly fast-tracked the changes in the hiring process, advances in technology and the changing workplace are the true drivers of the changes in the way we hire.

Organizations have to adopt innovative hiring practices if they want to attract and retain top talent. The hiring trends above are here to stay for one good reason. They help us hire smarter, faster, and better.