Onboarding Tools Usage Trends in 2018
The recruitment sector is being transformed by a new
workforce that embraces technical innovation and an evolving social media
landscape. Recruiters have been making good use of CRM software, which enables
them to work more efficiently for some years now. Talent acquisition is going
through a period of immense change as the world moves towards the digital
economy. Recruiters now need to do two things: First, upskill, and embrace
again attributes from the Analogue Age like interpersonal communication, relationship
building and networking. These new onboarding
tools usage trends in 2018 are giving a new direction to recruitment.
Effective use of data to glean insights into candidates enables businesses to
have a clearer picture of the talent they are working with. Today’s labor
market is largely candidate-driven. The battle to attract top talent from the
pool of under-qualified applicants is getting tougher. Thanks to the
technological advancement, start ups and Fintech companies can easily compete
with multinationals for the same talent. If you are into recruitment, you need
to fasten your seatbelts, because the ride is going to bumpy especially for
those who don’t understand what the future of recruitment industry holds. Data
provides businesses with insights that help recruiting managers make hiring
decisions. Today, hiring managers are using data to make strategic decisions.
Recruiters are turning to recruitment software to help them increase the
efficiency of the process. Today, about 70% of recruiting companies are using
some form of Applicant Tracking Systems. Recruitment software enables them to
manage, nurture and engage them so that they can easily provide them for hire,
when need arises. In the field of recruitment, the impact of technology and the
data it captures is becoming more pronounced in terms of enhancing the hiring
experience for both the candidates and the hiring teams. Among various
recruitment trends related to company branding, this one needs to be explored
more for its potential in increasing the response rate to job postings from
roughly 12 to 34 percent. Companies are also relying on technology to give them
analytical data and insights in monitoring employee performance or tracking
sources of hire so they can target the right candidates on the right channels.
Technology is seen as something that can help HR practitioners realize their
own personal bias and enable them to take countermeasures. With technology
readily available at your doorstep, employees now have the privilege of working
from home. Last few years have seen many innovations in HR technology. HR
managers and recruiters have started adopting a resume parser software to
simplify the process of hiring the right fit. The blockchain is known for
making a system secure and transparent. This is the reason why it has the
potential of bringing a change in HR tech space. Increasing usage of
smartphones is compelling recruiters to deliver information through mobile
apps.
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