Though everyone keeps raving about technology in recruitment and other related HR technologies, how can we organizations and HR leaders be empowered with technology? How can HR teams leverage technology to get the top talent?
Recent reports from the World Economic Forum forecast that half of India’s workforce will need reskilling by 2022 (even before COVID-19 led disruption), and the 3 key takeaways from it are:
► Best talent (updated & highly skilled) is extremely rare and has multiple opportunities they can cash into in today’s industry;
► Post-pandemic, real talent is looking for more than just competitive pay;
► Understanding what this real talent pool is thinking is the best recruitment strategy for 2021 and beyond.
Understanding the Top Talent Perspective
The HR world has always discussed and probed about subjects ranging from strategies on hiring and retaining Gen-Z to adopting the latest technology for hiring repeatedly. But only a few have been smart enough to get insights on the thinking of top talents, trying to understand their perspective and find ways and means to hire and retain them. And of these, very few have been successful in leveraging technology to acquire top talents.
HR leaders need to finally admit and accept that understanding candidates is a priority like understanding the customers. Unlike the past, candidates today are highly adaptable, extremely tech-friendly, a digital native who has lived through a pandemic and hence values growth opportunities, company culture, flexible work options, a positive employer brand, and tech-readiness above all.
Such candidates expect organizations to find them where they are (involving both digital & social recruitment), treat them with a seamless, tech-enabled onboarding experience, and offer them diversity and flexibility.
Today updating hiring needs is one of the top priorities for organizations and HR teams. And this indicates the need to create an impressive and solid EVP and a culture that inspires growth, learning, and innovation all the while offering flexibility, diversity, and inclusion to employees.
Top HR Technology Trends
Some of the top technology trends that organizations are following across the globe include the following.
1. End-to-End Digital Employee Onboarding
In this post-pandemic work scenario, offering a digital onboarding experience is not just optional but a necessity. The biggest differentiator for employers, hence, will be creating a simplified and hassle-free onboarding journey for employees that can collate all the stakeholders together. With end-to-end onboarding platforms, document collection, candidate verification, form submission, timely notifications, and real-time dashboards help in a transparent and agile onboarding experience.
2. Applicant Tracking Systems
If you thought an ATS is only about tracking applications, these highly specialized systems perform a wide variety of functions to make the recruiting and onboarding process easier and seamless. ATS is super quick, highly efficient, and increases the ROI among many other significant benefits and functions.
The right ATS is a hiring manager’s best friend. Try our AETIUS today and help your hiring team succeed in 2021 and beyond.
3. Digital Signatures
The pandemic overhauled not just several work norms but also certain onboarding procedures, one among them being sending signed copies of documents. Today, most organizations give it a second thought before asking employees to send signed copies of their documents. And most have opted for cost-effective digital signature solutions with multiple levels of access control, advanced privacy settings, and more, make uploading, signing, and managing documents digitally easy.
4. Gamification of Onboarding Experience
Incorporating some fun elements into learning & development has been a practice that gained immense popularity. Similarly, today, several organizations are experimenting with onboarding gamification. From introducing leaderboards, some level-up challenges, and interesting incentives for completing training quicker and effectively, organizations are finding innovative and better ways to create higher employee engagement, as well as for effective knowledge retention. It has been proven that automated resource sharing and video interaction with teams and managers, new hires are bound to feel more connected to the company and its culture.
5. People Analytics
People or HR analytics roles have grown exponentially in the past decade. The use of people analytics has always been a debatable topic, with most supporting it. One of the most significant benefits of people analytics is that organizations can create actionable insights. Not just for people strategy but it can lead to identifying performance drivers, build diverse teams, and set benchmarks for hiring.
6. Mission Critical Recruiting
We have already seen the power of strategic recruiting during the pandemic, with many organizations bringing contractual employees onboard for gigs, taking difficult decisions to let go of employees, and calling them back to work as businesses picked. With HR processes being overhauled, a successful recruitment strategy will be the one that can pivot to create a bigger business impact. In this particular approach, analyzing qualitative metrics like the time taken to recruit, source and channel effectiveness, quality of the hire, the retention rates, candidate experiences, etc. will be the prime focus.
Weaving automation and relevant technology into the recruitment processes not only improves efficiency but at the same time empowers HR leaders to take on more strategic roles and offer qualitative employee onboarding journeys.