The recruitment market continues to be shaken by new tactics that rose this 2019. As it becomes tougher to recruit top candidates, companies have turned to unique strategies, be it automating hiring, turning to social media, or more.
Keep on reading for the continuation of our series on 2019's top recruiting trends. And if you missed the first 7 trends, check them out on this link, so you can catch up before reading our next set of trends below:
8. Recruitment Automation Tools
These tools rely on new forms of technology to create software that automates the recruiting process. Recently, a trend emerged that integrates both the Applicant Tracking System (ATS) and Recruitment Marketing Software into one package. These two-in-one software packages enable recruiters to find, engage, attract, nurture, and convert candidates into applicants by simplifying and automating the hiring process.
Replacing the old Data Protection Act (DPA), General Data Protection Regulation (GDPR) is new legislation that recently took effect on May 25, 2018. It is aimed at unifying data regulations within the European Union.
GDPR gives citizens more control over their personal information, completely changing the way companies who handle data run their operations in 2019. Those organizations non-compliant to GDPR will have to face hefty fines. Because it forces companies to change the way they utilize data, many are scaling down and revamping how to uncover new candidates.
10. Data-Driven Recruiting
Data-Driven Recruiting helps strategize recruiting methods based on data acquired from HR technologies (e.g. Applicants Tracking Systems, Recruitment Marketing Platforms, etc.) and running it through HR Analytics to draw recommendations.
Data-driven metrics provide incredible insights into the overall hiring tactics, telling what is and isn't working. Using data-driven recruiting and paying attention to HR analytics have proven to improve hiring metrics like time to hire, cost to hire, and quality of hire.
11. Employee Referrals
Employee referral programs are productive ways to acquire talent. Research shows that referred employees take the shortest amount of time to hire and require the least investment. Hence, companies must encourage their current employees to spread the word to their friends and family whenever there are open positions.
If companies can also create an enjoyable culture, then they can easily convert their employees as their brand ambassadors and begin boosting the number of referrals that come through their doors.
12. Talent Sourcing
Research by LinkedIn showed that only 36% of potential candidates out there are searching the market for jobs, yet over 90% of them would be interested in hearing about new job opportunities in their field.
By working to discover these potential candidates, companies can quickly sift through and directly speak to the ones most interested in their open positions. While these candidates may not be actively searching for a new job, an enticing offer may change their minds.
13. Collaborative Hiring
Collaborative hiring involves both HR teams and teams from other departments to identify and acquire new talent. This significantly improves the quality of new hires and drops turnover rates—positively affecting the overall recruitment and hiring strategy.
Moreover, it will be much easier to onboard new employees as they will have a holistic idea of the job. By working to create clear lines of communication between departments, companies can set up their employees for long-term success.
14. Structured Interviews
Developing into one of the most-popular interview types among employers, structured interviews offer several advantages. They are effective, objective, fair, and legally defensible.
As predetermined questions are ready, companies can shortlist a number of candidates and then choose the best based on their responses. Throughout the process, every candidate is asked the same question in the same order. With this structured interview, companies can objectively evaluate candidates and compare their answers. They can save time in interviews and only ask questions that matter.
15. Strategic Alignment
Companies' recruiting and hiring process should align with the overall business strategy. Organizations can't grow without people, so talent recruitment must also be strategic. By identifying the position's current and future needs and goals and comparing it against the potential skill gaps, this method lets HR teams calibrate their hiring efforts to fill the void and support business growth!
There you have it! The top 15 recruiting trends of 2019! If your company is struggling to implement any of these unique recruiting trends, contact Infinity Consulting Solutions. We will partner with you to identify the most appropriate strategies and tactics that will enable your business to attract and cultivate top candidates.