Top Hiring Trends in 2021

 

 

With the uprise in demand for talent, it is inevitable for certain entities like talent acquisition divisions and recruitment agencies to face increased pressure. To proactively deal with these changes, it is crucial to becoming acquainted with the prominent trends of 2021 that will impact the processes underlying recruitment.

Across the globe, 2020 was a year that surprised everyone as the pandemic adversely affected our personal and professional lives. Although our primary focus continues to be healthcare and the invention of an effective vaccine, other sectors have also retained some of their pre-COVID momenta following the initial lull.   

Right now, companies around the world are enforcing measures to adapt to the new normal. CareerNet Technologies has conducted a survey, which concluded that over half of the companies would be hiring at their usual rate after the first month of 2021. The Government of India has introduced new reforms, which enable the IT/ITeS/ BPO industry to permit their staff to work remotely. Moreover, many companies are not only shipping various resources to the new employees but also leveraging productivity tools and other technologies to enable optimal effectiveness, as well as collaboration, to facilitate remote work.      

With the uprise in demand for talent, it is inadvertent that recruitment teams and agencies face pressure. Thus, it’s crucial to get acquainted with the relevant trends molding the recruitment processes in 2021 to remain prepared for such changes. To witness optimal output from your recruitment processes, these are the key trends that one must know.

 

Remote Work

Today, there are no longer constraints in terms of locations for specific roles, enabling employers to seek talent in different cities, states, and even countries.   

There has been a rise in the output as well as efficiency upon the onset of remote working in many organizations, and the majority of employees have exhibited satisfaction with the flexibility of time and the provision of not commuting to work each day.  

The physical barriers faced by employers and the workforce can be lifted when work from home is complemented by efficient communication technology. There has been a rise in recruitment on a global level, and companies are receiving adequate support to enhance their deliverables to clients. As the potency of digitization was realized, several previously-canceled expansion programs because of the dearth of the required talent have been revived. This rising trend is particularly evident among companies that are quick in accepting the advanced HR-Tech.

 

AI Integration 

Recruitment guided by data is a key trend that hiring teams must focus upon. As there is a rise in the pressure to recruit ideal candidates without excessively spending time and money, companies are now turning to data for decision-making devoid of bias. 

With AI’s assistance, the conventional hiring process will undergo up-gradation with the holistic automation of various processes such as employee verification and onboarding.

Chatbots powered by AI will become more common as a tool used during the preliminary phases of applicant screening before shortlisting candidates for personal interviews.

Moreover, companies are moving towards conventional descriptive analytics and predictive people analytics. Through the optimization of existing and new metrics, up-and-coming trends can be predicted that can be used for the enhancement of HR and recruitment processes.

Holistic Digital Experience

For a while, organizations have been looking at technology for the Human Resource division. With the increase in remote hiring, these specific discussions also saw a rise, and soon, the aim of HR would be to enjoy a seamless digital employee experience.

Technology is employed by HR for payrolls, attendance, as well as video interviews. However, as times are changing, the primary focus of HR would be to leverage technology for a seamless onboarding experience. In 2021, there will also be a rise in the employment of technology for the onboarding process that is both paperless and contactless, which is inclusive of employee authentication. With this, companies will find it easier to minimize the risk associated with recruiting employees who seem to have uncertain backgrounds. Moreover, it can also help facilitate a seamless onboarding process for genuine employees, while employers will enjoy a quick steady process during the recruitment of new employees.

 

Freelance Recruitment

The way in which companies function was revolutionized in 2020. Organizations are inching towards recruitment for specific projects or on a freelance basis since work from home took over the world, and employers can recruit people from across the globe. Furthermore, experts in specific domains are also offered the opportunity to undertake stints on a short-term basis. This particular trend will be on the rise throughout 2021, and as the productivity of employees has been increasing while working from home, this could eventually turn into the new normal.

 

Retention

For any company, high attrition is not a good look. Upon an employee’s resignation, the employer must also expend exit costs as well as benefits. In that case, the organization must invest in the recruitment as well as the training of a new employee. During such challenging times, it is crucial for the company to have people well-acquainted with the work, company, and its vision.

The latest developments in the field will likely impact companies’ retention strategies as well, such as employee benefits, health insurance, leave structure, and performance evaluation. An employer who has a good reputation will enhance the chance of hiring candidates seeking long-term employment.

 

With the global crisis of the pandemic, organizations have been under considerable pressure to alter the way they operate. Employers were required to ensure that their current employees remained in the proper mindset while facilitating the proper recruitment process during onboarding. In the second half of 2020, there was an increase in employment, while the year 2021 must focus on hiring as well as onboarding policies for a seamless transition as well as long-standing growth.