by Snehil Sharma
The recruitment industry has undergone significant changes and here are key trends shaping the hiring processes in 2024. These trends include AI and automation, diversity in hiring, in-demand job hiring, project-based hiring, and upskilling to fill hard-to-fill positions. What steps are you taking to adapt to these hiring trends and optimize your recruitment process for sustainable growth?
1. AI and Automation
Through AI and Automation, you can now automate almost all stages of the hiring process. High-volume employers like Amazon and many large retailers are already doing this, which allows them to staff up for seasonal recruitment and special events. Manual screening of resumes is a time-consuming task for HR managers and recruiters. AI tools such as resume parser remove the burden of reviewing numerous resumes and shortlisting candidates with just one click. This will save recruiters time and increase their productivity. Chatbots are another form of AI that helps recruiters solve candidates' queries and provide them with a positive candidate experience.
2. Diversity In Hiring
According to Monster's search, diversity, equality, and inclusion are essential Monster's search. Nowadays, organizations are more intentional about ramping up their diversity and inclusion efforts to show solidarity with their underrepresented employees. Technology is a boon when it comes to diverse recruitment. With the right tools, HR professionals can bring powerful strategies that can help them to get diversity in recruitment.
3. In-Demand Job Hiring
In 2024, recruitment is all set to change. Before going on about how recruitment will change the future, you must learn about future hiring trends in other countries. For example, In France, personal care for the elderly is forecasted to rise due to a solid demographic trend of the aging population. The IT sector in France will also evolve in the coming years.
There will be significant demand for medical staff in Germany once things return to normal. Germans have also seen an excellent stabilization in the shipping and delivery of products. So, HR professionals will be needed not only for hiring but also to develop new skill sets to compete with the new demand for jobs in the market.
4. The Rise in Project-Based Hiring
Due to the pandemic, organizations are moving towards freelancing or project-based. Working from home has been the new normal for the last two years, where recruiters can hire top talent globally. This will also provide opportunities for employers to take up projects on a short-term basis. Organizations have started recruitment from platforms such as UpWork, Fiverr, etc. The increased hiring from such platforms will bring project-based outsourcing to its peak.
5. Upskilling To Fill Hard-to-Fill Positions
COVID-19 has turned the economy upside down and sped up the skill gaps. Many job openings still need to be closed. So, how can recruiters fill these positions? The answer is ‘Upskilling.’ Recruiters must start using data and technology to upgrade their current employees. 87% of employers say they struggle to fill positions due to a skills gap. In such a scenario, training and upskilling current employees would significantly help bridge the skill gap. This will help recruiters to provide existing employees with meaningful new career and growth opportunities within the organization.
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