Top recruitment trends in 2020

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Recruitment Trends in 2020

• by
• JoinEight

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What is Recruitment?

• Recruitment refers to the overall process of
  attracting, screening, shortlisting, selecting
  (hiring) and appointing suitable candidates for
  jobs (both permanent temporary) within an
  organization. Depending on the source recruitment
  is classified into types
• Internal Recruitment
• External Recruitment

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Recruitment Trends
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• Over the last decade recruitment has been
  changing. Talent acquisition is moving away from
  resumes phone screenings towards skill
  assessments video interviews. Recruiting
  managers are continuously looking for best
  strategies to find the best candidates in the
  competitive market. Artificial Intelligence (AI)
  Machine Learning (ML) are transforming the
  recruitment process. The following are the latest
  trends in recruitment.

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Recruitment Trends 2020
Source Recruitment Trends

• Company culture
• Artificial Intelligence
• Mobile Recruiting
• Predictive Analytics
• Social Media Recruiting
• Diversity Inclusion
• Employer Branding
• Candidate Experience

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Company Culture
Source Culture fit importance

• Company culture can be defined as a set of shared
  values, goals, attitudes and practices that
  characterize an organization.
• The business and its employees merge as one to
  become culturally fit complementing each other
  and augmenting growth and development.
• Company culture attracts candidates and improves
  retention rate, so you can save your hiring cost.

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Artificial Intelligence
Source AI transforming recruitment

• The single biggest trend shaping recruitment in
  2020 will be the use of artificial intelligence
  (AI) to the source, assess, and screen employees.
• The power of AI tools make a key change at every
  step of the hiring process. AI can also be used
  to interact with potential candidates and offer
  personalized communication with the latest
  chatbot technology.
• AI is useful to reduce human bias in recruitment
  process, which helps to find best candidates.

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Mobile Recruiting

• One of the most common ways candidates will
  arrive at company job portals will be through a
  mobile device.
• Glassdoor research revealed that jobs searched
  through mobiles peaks among Gen Xers with almost
  55 of users making use of mobile devices in
  their job search.
• companies looking to diversify their workforce
  would benefit much from the mobile job search
  scenario.

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Predictive Analytics
Source Predictive Analytics changing recruitment

• Predictive analytics is playing a major role in
  the recruiting processes of many companies.
• Predictive analytics allow recruiters to identify
  the best matches for a job based on numerous
  parameters, such as location, past experience,
  education, and relationship networks with
  additional insights.
• Smart recruiters are using these insights to make
  the appropriate talent decisions and to save
  hiring time cost.

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Social Media Recruiting

• Social media is playing a crucial role in
  recruitment and helping recruiters to find the
  best candidates.
• Publishing job postings for open positions on
  multiple platforms such as LinkedIn, Angellist,
  Glassdoor and more can help recruiters to
  optimize your hiring funnel with versatile
  talent.
• According to the latest survey, more than 70 of
  recruiting managers are using social media as
  their preferred recruitment channel than others.

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Diversity Inclusion

• It's been proven that diverse teams perform
  better, so most companies will have recruiters
  dedicated exclusively to increasing diversity.
• Organizations will focus more on job postings to
  attract more diverse candidates.
• Many organizations have already started hiring
  dedicated diversity inclusion employees. The
  number of such job openings has increased by 30
  year-over-year.

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Employer Branding

• Candidates want to work at companies that they
  can be proud of.
• The most important thing for an employer is to
  build their employer brand and make the vision
  and mission of the company crystal clear.
• According to a study by CareerArc, 75 of job
  seekers consider an employer's brand before
  applying, so building content around employee
  experience is crucial.

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Candidate Experience

• Candidate experience is the most important factor
  in modern recruitment, it impacts your brand and
  recruitment process.
• Recruiters have to improve the candidate
  experience by implementing the right steps, which
  will help them to fill their talent pool with the
  best candidates.
• Clear job descriptions, easy ways to apply,
  regular follow-ups, and company values ethics
  are a few things which help recruiters to improve
  candidate experience.

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Thank You.!

• JoinEight