The COVID pandemic has changed almost everything,
everywhere. From travel and dining to how you run your business and how often
you visit the headquarters.
Would it be surprising to know that the pandemic has also
changed hiring practices? Not really.
Recruitment is also in most cases completely online.
However, it has become viable thanks to collaboration tools such as video chat
for interviews and artificial intelligence for searching and screening
candidates.
In addition, not only have companies and recruiters gone
through a paradigm shift since COVID-19, but also employees who have found they
have a lot more competition when applying for jobs online.
According to Forbes, a typical online job posting contains
around 250 resumes, while attractive organizations such as Google, Apple, and
Facebook can receive over 1,000 applications for each open.
This article looks at how employing has changed, preliminary
with new technologies like artificial intelligence and machine learning.
Artificial intelligence
The shift to hiring almost entirely online has brought new
technologies such as artificial intelligence to the fore, especially in the
selection and recruitment process.
While there is still a need for a human approach in a
recruiter, AI takes on a lot of mundane and repetitive tasks. For example,
artificial intelligence is part of Applicant Tracking System (ATS) software,
which gives recruiters the ability to spend hours on more important tasks like
account management and sales.
It is well known that the initial stages of the hiring
process are the most difficult and time-consuming for recruiters. Your
selection process begins after the technical requirements for the position have
been confirmed.
Your first action is to search existing jobseeker databases,
and other sources, such as job sites, are for job seekers who are well suited
for the position.
AI accelerates the initial inspection process without
sacrificing quality - that is, machines complete tasks and compare results like
humans, but much faster.
Artificial Intelligence in ATS essentially automates the
Search for recruiters who attract talent, i.e., Suitable Applicants, from
multiple sources before narrowing down the list. So, instead of spending hours
searching, recruiters now happily do the core of their work with just a few
clicks.
Virtual interviews
Companies have been forced to use virtual interviews, which
means that once the best potential candidates have been identified, job seekers
will not be able to meet face to face until the process moves on.
There is a respectable chance that this will not change
after the pandemic is over, as many companies believe that virtual interviews
are actually the best option for better hiring that saves time and money.
Location is no longer an obstacle
For many companies, the talent pool is no longer limited to
a specific location. In addition, companies have been forced to move all or at
least part of their operations online, which shows that location should not be
a limiting factor in hiring.
While finding this ideal candidate has often been limited by
relocation budget or geographic location, many organizations now have the
opportunity to tap into a much larger pool of talent. It is also a huge benefit
for candidates looking to broaden their horizons and possibly live and work
where they could not do otherwise.
Attract the best candidates
Reputation and culture remain key for companies looking to
attract the best talent.
Candidates are more knowledgeable than ever about wages and
working conditions. How companies have responded to the pandemic will go a long
way in attracting the best talent.
While many are taking on a shrinking pool of available jobs,
companies cannot fill millions of jobs because they cannot find the talent they
need. This means they need to give their best selling candidates what they have
to offer and build trust and a solid reputation.
The mindset of many professionals has changed, rethinking
their work and their way of life.
The best talent will want higher wages, a positive work
culture, and a company focused on their careers and life goals.
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