Let’s not delve too much into how and why we got here. From a war for talent, a shortage of skills and near full employment, we now are faced with some of the largest unemployment figures since the Great Depression and a plethora of candidates actively looking for a new role. Yikes! A huge amount of recruitment teams and hiring processes were not built for this kind of market and will need to adapt. Let this blog be a starting point for your hiring team’s evolution.
The world was brought to a standstill in 2020 with the COVID-19 global pandemic. The recruitment industry was no different. While each business has gone through its own personal journey, we started to see themes emerge. One such theme is that many of the processes and practices we predicted for five years down the line have screeched into the present. Remote working, video interviewing, virtual onboarding – these all became commonplace at a scale no one could have predicted. In other words – the future of work is now.
The digital revolution in technology is changing the traditional HR policies. The Human Resource industry is evolving at a high pace with new innovative technologies. The HR department is increasingly moving away from traditional practices and adopting new technologies such as Artificial Intelligence.
AI automates and streamlines the recruitment process, right from hiring, onboarding, training, and other benefits. Technology acts as a gamechanger in enhancing the role of HR worldwide, from being an administrative department to its increasing functions as a strategic partner in business.
In two months this year, we experienced two years of digital transformation.
In many ways, 2020 has pulled the rug from under a lot of us. But in others, it has merely served to accelerate a number of trends we’ve long seen coming down the line. These future trends are very much in the here and now.
As the ongoing COVID-19 crisis continues, we hope you’re safe with your family, coping as best as you can.
Many major industries have been affected by the Coronavirus, but recruitment hasn’t completely frozen. Remote work is still highly in demand across the globe, and finding qualified candidates to fill these roles will involve changing your mindset about traditional hiring.
The HR tech industry will experience continued growth and evolution in 2020. As new players enter the market in a fast-paced business environment, HR professionals have more duties-many of which are tedious and time-consuming. Many HR Tech tools allow you to focus more on smart work for routine activities.
With HR tech software, HR professionals can streamline areas like recruitment, payroll, etc. To run a smooth business, HR professionals need proper guidance to choose the right software.
A lot of people are worried about artificial intelligence and what the rise of this technology means for the future of work. “Will this take my job?” is a very common question that I get when I talk about AI in recruiting.
The short answer is no. Strong AI that is capable of replacing humans is a long way off. Even for simple use cases, most AI is simply a tool for humans, not a replacement.
With technology advancements constantly adapting and changing, we are now seeing it in every aspect of our lives; at work, at home, and in public places, but where does it fit in in the recruitment industry?
Recruitment is a challenging industry to work in; admin work to complete, hundreds of CVs to look through, background checks to complete, it’s no wonder that technology is being used within recruitment and making a considerable impact on both large and small companies as well as agencies.
From the first phone screen to the last in-person interview, recruiters know what to expect when it comes to engaging with top talent (as well as the when, where and how). With that familiar foundation to build upon, the only piece left is optimization.
But now with the world of work in a state of change, expectations for when, where and how recruiters connect with candidates is evolving rapidly. All-remote interviews and distributed hiring are now the new normal, and may be for some time to come.
Human Resource Management is not a classical or customary job anymore. With modernization, the need to mechanize the HRoperations grew with leaps and bounds. Now, there are not just individual automatic systems to facilitate functions, the multifarious parts that each system has, also add to the level of advancement and efficiency. For instance, there are notable similarities between an HRMS system, HCM suite, and HRIS software, but the purpose of each has almost hairline differences which makes them unique.