Recruiting Trends that will shape 2021
By Alex Jone
As the demand for talent acquisition is back at an earlier pace, it is quite important to understand the trends to improve the hiring processes in 2021 and plan to utilize different opportunities. 2020 has been the most unexpected year, it has disrupted both professional lives and personal lives deeply.
But with the invention of vaccines, the business has picked up momentum. Now, most of the companies are looking to embrace the new normal. As per the career net Survey, within a few months, 50% of organizations would become fully active to hire talent across the globe.
Since the companies have gained momentum, it is quite essential to improve the talent acquisition process. To do so, one needs to understand the key trends that will improve the hiring processes in 2021.
Covid has led to change in most of the hiring process, everyone needs to find a better way to communicate and collaborate. Most of the employees have shifted to work from home. Also, various companies now hire employees remotely over video calls. Various factors such as pay cuts, unhappiness have led the employer to find better ways and perks to hiring great talent across the globe.
With the adoption of the work from home policy, the criteria of job location have become quite less important. Also, it opens up opportunities for employers to find the right talent from any corner of the world. Many companies now support remote working, which has led them to provide better output and bring more efficiency during work hours.
Work From home culture has led to disruption in the communication technology that has lifted the physical barriers between the employer and prospective employees. It has boosted global hiring and helped the corporates to offer the best services and products to clients.
Another trend that has lifted the recruitment process is the use of Artificial intelligence. Most manpower recruitment services are using AI-based products to hire the right talent that reduces up the cost and makes the hiring process a lot easier. Different companies are using data to make better decisions and avoid bias.
AI-based chatbots have led companies to automate the process of hiring and employer verifications. Various multi corporations have now shifted from traditional descriptive analytics to predictive analysis of the candidates.
Technology advancements have made the recruitment process more hassle-free. With the increase in the remote hiring processes, HRs have begun to use a variety of software to take attendance, video interviews, and much more. Also in 2021, it is expected that there will be a significant rise in the effortless onboarding process including employee authentication. It will assist companies to mitigate the risk of hiring dubious background employees.
With the pandemic in 2020, people have changed the way of working. Most companies now look to hire freelancers or project-based employees. It is because of the “work from home” policy that has led MNCs to hire talent from anywhere across the globe. Also, this will offer more opportunities to the domain experts who are interested to take short-term-based projects.
Firing employees or high attrition is quite disturbing for organizations. Once an employee exits from the company, HR needs to pay all the benefits and existing costs and along with it companies need to invest in training and recruiting a new employee.
A lot of new developments are expected to happen that would affect the retention strategies of companies such as the performance evaluation, leave structure, employee benefits, and health insurance. Also for an employer, it is quite important to retain the employees so it increases their reputation and brings more candidates who are looking for long-term employment.
Most of the employees would not want to come back to the office and remote working will continue. Various teams would adopt the hybrid model that includes both remote and onsite workers. Recruiters would need to be more careful while hiring the candidates.
Diversity would become a vital part of every company. Candidates would look for several information like employee equality, transparent hiring process. Since the pandemic has led people to look out for jobs where ethics are followed and employers are socially responsible and ethical.
Salaries and Rewards would matter the most.
Although salary won't be the main concern for the candidates, they would look at various other benefits like the following.
● Recognition of the employee
● Development and growth
● Well-being and support to deal with stress.
● Various perks like insurances or sick leaves.
Such rewards will be the elements that a candidate will look for.
During the unprecedented crisis, various manpower recruitment services are under pressure who are forced to change the way of working. Employers should ensure that their employees are in the right frame and ensure hassle-free onboarding processes. 2021 is going to be the year where HR managers would adopt new ways to hire employees for the sustainable growth of both employees and employers.
But there would be many ways, in which the hiring process won't change, such as recruiters would still need to look for the best candidates.