Why should employers pay attention to hiring trends?
Why play catch-up when you can stay ahead in the hiring game? Hiring is challenging. If you hire the wrong person for the job it can be costly, time consuming, and disruptive to your company's workplace culture. One of the most effective ways to find the right person is to keep up with the latest hiring trends. As an employer, this information allows you to:
- Leverage data to make better and more informed hiring decisions
- Use direct information to see what part of your business will benefit from extra support
- Develop a recruitment strategy around statistics, such as, of the labour market
- Prepare a proper budget for talent acquisition
- Understand what attracts candidates to a company
Essentially, paying attention to hiring trends means that you can take a proactive approach to hiring the right employees, rather than being reactive to a bad hire. As a business owner, you want to separate your business from those outdated or behind in taking advantage of HR technologies. Remember, smart hiring means better business.
Recap: Hiring Trends from 2017
Last year, HR trends around talent acquisition focused on alternative work arrangements and the start of using emerging technologies to find the right employee. In 2017, the opportunity to connect people to jobs and organizations was huge. The development of HR technologies, such as people analytics, artificial intelligence (AI), and machine learning made recruiting and hiring better.
What's happening in 2018?
As we neared the end of 2017, we shared our thoughts on HR trends for 2018 that, this year, we'll see a shift from employee engagement to employee experience, and with this, a race to make HR digital. The workplace is becoming increasingly data driven and we are moving towards a direction that is very much digital. Take a look at how HR technology will be used by more employers for recruiting and hiring this year.
6 Hiring Trends for 2018
This year, more employers will:
- Use people data to systematically measure top talent and hire based on these finding
- Adopt automation tools to make the hiring process more efficient, quicker, and smarter
- Turn to machine learning to streamline the interview process
- Leverage HR software to help with recruiting and build future talent pools
- Get social to attract potential hires by showcasing workplace culture and promoting career opportunities
- Go mobile as part of the recruiting strategy to target candidates of all ages and career stages