If 2020 started the era of great automation and remote working then 2021 is only a bigger and better extension of it. Last year companies had to adopt the provision of “WFH” which opened a wide scope for job openings that are more about freelancing and remote in nature. With this huge change in the organizational ecosystem the RPO Companies across the globe swiftly took over the new challenge, but many organizations couldn’t cope with it.
RPO Company is exclusively structured in a way to beat any new recruitment challenges with quick adoption of evolved ideas and technologies. They are meant for it and know how to do it but an organization falls behind as quick training of HR team and immediate implementation of technology can be hard on budget and time taking. However, let’s take a look at in what ways the recruitment landscape has changed recently?
The workforce demography has changed by far as a result of last year’s turmoil and the budding Gen Z ready to be a part of the corporate world. Below mentioned are few significant changes that recruiters need to address this year and even in the years to come.
1. The seniors of the industry are coming close to the retiring age, which will leave a void of skill and experience, especially in the higher managerial profiles.
2. Gen Z is ready to partner with the millennials making a combination workforce environment.
3. To replace the experienced working professionals on the verge of retiring will be tasking as the millennial force is yet not ready for it.
4. The job profiles of freelancers and contract-based workers are increasing across the globe with the emergence of remote working practices.
5. The companies will lean more on the automated side, welcoming new technologies in every department.
As these trends are paving the path of new recruitment requirements, the recruiters need to gear up for a fiercer hiring competition beating the opponents with more smart and technologically advanced recruitment methods.
Recruitment methods that will help you secure top talent in lesser time.
Connect with an RPO Company
The recruitment process has gone quite far from what it used to be. This is not the era to simply trust the typed resume and call the candidate for a final interview. To cut down on yearly turnover cost and to save the time of higher-ups of the organization, companies have started to opt for RPO services.
“The average cost of replacing a bad hire is 21 percent of an employee’s annual salary.” Some best RPO Companies can be picked on a monthly or yearly basis wherein you get the right hires in lesser time and cost-effective price. RPO gives you various benefits such as-
a. Access to all the job portals that too without any extra cost.
b. Availability of all the new in-market recruitment software and assessments.
c. Advice on restructuring the internal HR team and how to increase their efficiency.
d. Works as an extended hiring team being an equal part of your companies hiring concerns.
e. Dedicated team to maintain your brand value and lending advice over the same.
f. Separate teams to handle the entire lifecycle of candidate recruitment right from screening, interviewing to onboarding.
g. Writing appropriate job descriptions on various recruitment portals.
h. Transparent functioning with regular updates on progress through verified data presentation.
As compared to recruitment agencies, opting for an RPO Company is a much better option. Their services are more client-friendly and cost-effective.
Promote internal talent
Recruitment shares the repo of being a totally external process wherein any new job profile can be only filled from external hiring. But we miss the main part of filling a job role which is to get a person who can fulfill it skillfully. Many times, the right person is there in the organization itself who knows well about the demands of the organization and is skilled to serve the new role.
Internal hiring promotes positivity in the teams and makes the employees feel valued. They become more eager to work hard so as to rise to a higher position.
Announce an employee referral program
Many organizations have started with referral programs wherein the employees are notified about the opened positions and are asked to refer suitable candidates. This process is known to increase the speed of the recruitment process and gives better exposure to the candidate pool that recruiters might have not got otherwise.
The motivating point in referral programs is the incentives and recognition provided to the concerned employee after a successful hire (referred by him/her). The referral program needs to be well planned by the HR team only after which it can become a big success.
Create a Mobile-friendly strategy
Millennials are taking over the majority part of the workforce and they are the ones consuming every aspect of online services through their mobile phones. To tap in the right candidate that too in lesser time recruiters need to create job advertisements, application portals, forms, and assessments that are mobile-friendly.
Make sure that they can easily get through the entire screening process with all the mobile-friendly technologies whether it is a video interviewing tool or a pre-employability test.
Integrate the power of AI
Artificial Intelligence is turning into increasing demand in all sorts of sectors and industries. In fact, some of the best RPO companies out there are using it regularly to scale their recruitment process. Its ability to automate just any process and the superfast benefits that it has got to provide makes it a right fit for the recruitment process as well.
AI technology can be efficiently used to tap the rights and wrongs in the recruitment process by automating the parts that are usually repetitive in nature or too tedious to carry out manually. These days AI scanners are also getting quite deserved fame as they can automatically review and analyze the cover letters and CVs, sorting out the potential candidates from the non-potential ones. Also, the use of AI for going through the earlier mentioned job descriptions opens improved possibilities of creating new job descriptions that are more targeted and effective.
Moreover, organizations can make use of AI Chatbots that will take care of responding to the candidates on time and setting up an interview schedule.
The key to fast and effective hiring is to be creative, experimental, and ready to accept any new challenges with a go-getter attitude. Be ready to make any desired changes in the recruitment process and don’t be skeptical about reaching out to some best RPO Company that is equally passionate about sharing your ideas. The year 2021 is all about standing out from the rest of your competitors which will definitely go a long way in creating fool-proof and fast recruitment methods.