Talent Acquisition Trends That Will Define 2022, FlexC is an AI-powered talent marketplace curated to manage an organisation's talent acquisition requirements.
The job market has become pretty volatile in the past few years. Employees are becoming more mindful about their nature of work and the organisation they are working with. They are ready to leave their current organisation if it does not offer any flexibility, better benefits or supports diversity, equity and inclusion. As per a report by Jobvite, 59% of recruiters have said that their organisations have experienced increased turnover since the onset of the pandemic in 2020. Even companies that survived the pandemic are now facing new challenges with respect to acquire and retain top talent. These new hiring challenges are resulting in the emergence of new trends, paving their way into the mainstream.
Recruitment teams are trying to bring agility in their talent process. The most popular tool companies are adopting is artificial intelligence. In a matter of time, AI is going to perform all the mundane and time taking tasks instead of recruiters. AI is going to help companies reduce the length of their hiring process, improving both organisation's operations and candidate experience. Companies are also using AI to screen resumes, find suitable profiles for their job requirements and sustain their hybrid workforce. With the help of AI-driven chatbots, talent acquisition specialists can simplify and automate tasks such as communicating, updating personal information, handling applicant screening and scheduling.
Remote work has opened doors for companies to reach out and source global talent. Since digital transformation is inevitable, hiring talent with skills that can keep up with the evolving business models is important. Companies who can build up teams consisting of employees who are adaptive, agile and versatile will succeed. However, finding right candidates for the respective position is not as easy as it seems, especially for companies who have shifted to the hybrid workforce structure. This is where companies can take the help of external talent marketplaces to fulfil their hiring requirements. Since these talent marketplaces have candidates with verified profiles and adequate experience, companies can take their assistance to screen, onboard, and manage employee productivity at a single platform.
As the digital revolution continues to accelerate, organisations that will not shift their focus on data in 2022 may face difficulties in sourcing top candidates. Companies will need talent acquisition specialists who are data driven and can leverage data insights to improve their recruitment process. Companies can use real-time analytics to make various hiring decisions. The data collected can be used in calculating the cost-per-hire, employee productivity, in many other areas. These metrics can help companies craft strategies to save time and costs.
In 2022, a great company culture is where HR focuses a little less about creating a 'fun environment' and more about ensuring employees feel seen and heard. Working in a remote setting can easily make employees and teams feel disconnected. This can hugely impact employee performance in the long run. Since the hybrid workforce model is here to stay, talent acquisition specialists should invest in proper technology to ensure connectivity. They need to adopt different approaches to remind employees how they contribute to the company's overall success. By rethinking innovative ways to engage employees, companies can boost their retention rate & place themselves a potential competitive differentiator.
In the coming years, the competition to hire quality talent will become more rigorous. This makes it important for HR managers to retain their current talent. According to LinkedIn, 94% of employees have said to stay in an organisation that commits to invest in their learning and development. This means organisations will need to craft clear career paths to onboard candidates and entice them to stay. This can be done by offering them a new project, or conducting in house training. Companies will need to rely on internal hiring and cross functioning teams to provide better work opportunities to their current staff. Setting up a talent marketplace within the organisation, where employees can look for suitable opportunities as per their skill and apply on their own is another way to improve internal talent mobility. More opportunities and an enriching experience to learn will lead to a greater employee satisfaction.
As per an analysis by LinkedIn about the work trends in 15 countries, most in-demand jobs in 2021 could be done remotely. People have stepped into 2022 with a different perception towards remote working. More people are now looking for full time remote opportunities. However companies do need employees for tasks that require tangible interaction between teams. A hybrid workforce hence is the answer. In this workforce model, employees can be a part of physical and remote workspace depending upon their nature of work and need to collaborate.
Candidates are already expecting hybrid working options as a standard when they look for jobs. Hence it is high time talent acquisition specialists should start working towards changing their workforce structure to cater to this need and attract the best talent.
FlexC is an AI-powered talent marketplace curated to manage an organisation's talent acquisition requirements. The platform is packed with features to help organisations get on the new hiring trends, and revamp their talent acquisition and management strategies. FlexC connects companies with the top global talent (freelancers, contractors and full time employees) and provides them a user-friendly space to manage their hybrid workforce. Their AI-powered screening tool recommends companies best suited profiles for every job requirement posted. The platform provides a collective dashboard showing real-time performance data. This will help companies create better analysis reports in no time and understand areas that need improvement. To ensure teams can collaborate effectively, FlexC allows companies to onboard as many team members as the company wants and provides them a customised space to work together and tick-off tasks faster.