Progressive and flexible companies are always on the lookout for factors that help them stay ahead of their competition. Be it in the field of marketing, production, technology or the company’s own workforce.
Recruiting software trends in 2021
Heading into 2017, many companies are expecting hiring volumes to increase considerably – which means they need to up their recruiting game in order to attract and keep the top industry talent.
LinkedIn recently published a report focusing on the recruiting trends in 2017 (particularly for small and medium-sized businesses) and how the recruiting landscape is set to change in the future.
Here are some of the key takeaways from the LinkedIn report:
Top talent is the top priority
No surprises here. Hiring the right people is always going to be a priority for HR – even more so in 2017 with the number of hiring expected to increase.
The need to find the right candidate puts recruiters in a tough spot – competition for quality talent is going to be stiffer than ever before.
Employee referrals will be crucial to hiring decisions
How often do you see a new employee hired through a friend, colleague or even a family member?
The trend has been visible lately – only to be confirmed by the LinkedIn 2017 report. Nearly 50% of all hiring in companies (regardless of their size) happens via formal and informal employee referrals.
In response to this trend, large organizations, particularly multi-national corporations, have been investing quite heavily in optimizing their internal employee referral schemes, as well as gauging features of various applicant tracking systems (ATS) thanks to the prevailing recruiting software trends.
Allocation of recruitment resources will be re-examined
Even with such a wide array of online and digital tools at a recruiter’s disposal, the top 2 platforms for hiring will remain the same as they were a decade ago – Job boards and agency onboarding.
Once again, this comes as no surprise – success comes from doing the basics right.
However, with the expected tightening of budgets, companies would want to refocus their energy on employer branding – which if done right, can have the biggest impact on attracting top industry talent.
The future and beyond
The future of recruitment will be defined by 3 critical features – a diverse workforce, soft skill evaluations and innovating interviewing platforms and tools.
Implementation of these three features will no doubt be challenging, but they do have the potency to change the status quo as we move into the future ahead.
The future of talent acquisition and recruitment looks challenging yet presents an exciting opportunity for progressive thinking and innovative ideas.
You can read more about recruiting trends in 2017 by checking out the following posts from our team:
- Recruitment challenges in 2017 – And how RecruitBPM can solve them
- The unwritten rules of recruiting in 2017 and more
If you’re looking for a hassle-free recruiting software for all your recruitment needs, click on the ‘Request a Demo’ image below to quickly sign up for your very own portal and receive a free live-demo of RecruitBPM ATS & CRM.