5 Recruiting Trends to Follow in 2018

Hiring talent has become quite difficult in today's candidate driven market. With the global unemployment rates being at the lowest in several years, it is time for recruiters to dump their old recruiting ideas and come up with some innovative methods to lure talented candidates to join their organization. It is therefore no surprise to find that technology usage by recruiters has increased in the current year fuelled with data analytics and adopting of innovative interview methods being the top trends that are playing a vital role in the recruitment field.

Let us now look at some of the top recruiting trends to follow in the current year:

1. Total focus on hiring a diversified workforce

Innovative organizations understand the critical aspect of hiring diverse people in their workforce. Today, diversity is directly correlated with the organizational culture and financial performance. According to a research conducted by LinkedIn, 78% of organizations prioritize diversity to enhance the culture and 62% do so to boost financial performance. It has been observed that by including diversified workforce organizations can reap the benefits of being more productive, more innovative and more engaged.

Walgreens, Lever and Pandora have already made meaningful efforts towards hiring a diversified workforce and have achieved great results. We expect this trend to only grow from here and there would be no surprise if we see more and more organizations following the examples set by these organizations in the near future.

2. Rise in technology investments

In order to manage, a higher volume of candidates, improve operational efficiency and maximize revenue margins, more and more organizations will require tools that save their time and ensure precise data on candidates. This has resulted in many global organizations to take the assistance of Applicant Tracking System to track candidate activity and employ CRM system for business development. In the future, organizations will also realize the importance of having an integrated job board and email templates in the recruitment software resulting in rise in technology investments in the current year as well in the year 2019.

3. Using innovative interview methods to access candidates in a better way

Although traditional interviews are going to stay here they have proved to be ineffective when it comes to reading candidates completely. To combat subconscious bias and reduce the undercut of important information more and more organizations will be using innovative interview methods to assess the candidate. This includes the use of online soft skill assessment, conducting job auditions, casual interviews taking place in a relaxed environment like a restaurant, using virtual reality to test the candidates in a simulated 3D environment and conducting video interviews to save the time of the candidate.

4. The growing role of analytics

It is normal for recruiters to churn out numbers to track the candidates. But, in the current year with the amount of data available and the speed at which it can be analyzed it can be used to predict hiring outcomes. With the help of artificial intelligence and analytics, it is possible to make smart recruiting decisions. In the near future, we expect organizations to develop talent intelligence strategy on the basis of analytics and artificial intelligence for informed hiring decisions.

5.Increased use of social and mobile recruiting

Today, every other person has a mobile device and access to social media. During the current year, more and more organizations are using social and mobile recruiting as a part of sourcing great talent. But, few of them have still not adopted these recruiting strategies for hiring. In the current year and next, expect organizations to invest heavily in social and mobile recruiting efforts.

Are you ready to turbo charge your recruiting efforts by staying on top of these recruiting trends in the current year?

Viral Vora is the Ceo of Talentnow Solutions, a leading Recruitment Software company. Viral is an industry veteran and writes about the various aspects of recruitment technology.