2022 is wrapping up and the recruitment and talent acquisition industry is brewing with infinite technological advancements and job opportunities enabling both employees and employers to enjoy growth and development. As Ai continues to rise and transform the recruitment marketplace and make the world smarter and more efficient, we are rounding up 10 AI-based recruitment trends for 2023.
Employee First
Of the many comfortable and uncomfortable changes Covid brought along, candidate experience tops the charts of recruitment trends. Many organizations rolled out listening programs to ensure the physical as well as the mental well-being of candidates. Companies also focused on positive work-life balance and promoted a positive work experience which in a way lessened the impact of the ‘great resignation.’ To ensure its employees are taken care of, HubSpot, a Cambridge-based company offers free weekly virtual guided meditation and yoga classes. The e-commerce website Myntra uses Ai-enabled tools to observe and understand employee behavioral trends and actions and the pain points highlighted by the employees. Organizations are doing everything in their capacity to ensure that employees have a work-life balance and put the best skills to work.
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Remote Working
This recruitment trend emerged in the Covid-stricken times but will continue to grow the talent acquisition industry in 2023. Though several organizations have resumed their on-site operations, a remote/hybrid style of working is still the most preferred and prominent working style among candidates. This trend came into force during Covid but since then has become a vital function in the hiring process. Hiring managers can interview potential candidates on digital platforms like Zoom, Microsoft Teams, and Cisco Webex or specific hiring tools such as Montage. It is extremely convenient for the interviewer as well as the interviewee and can be arranged on short notice hence, this trend has all the reasons to stay in 2023.
Eliminating Bias
Organizations are striving to eliminate bias and promote inclusivity and diversity. Employers, whose prime focus is on creating an inclusive workplace, are prone to becoming the most coveted brands to work for. Companies are clearly defining what diversity means to them and walking the extra mile to create an equity, inclusive strategy. Employers are focusing are doing away with unconscious bias like gender wording and at the same time enabling cross-functional interview teams and celebrating diversity at all levels in an organization.
Flexible Working Hours
Today, most job seekers have a very common yet specific question – will the employer offer flexible working hours? Candidates are expecting transparent solutions in terms of flexibility in working hours making it easier for them to understand if the offer fits their needs or not. It has been reported that employees who enjoy flexible working hours and w************* report better job satisfaction and are in a better state of health, physically and mentally. Employers too are witnessing positive results ranging from improved productivity to better retention rates. It is also believed that working from home enhances a company’s culture. The nature of remote working has contributed to better work-life balance.
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Conversational Chatbots
Communication is a major step in the interview process and conversational AI using a chatbot is one trend that is here to stay. HR uses the chatbot services to typically respond to employee queries and standard service tickets like leave, tax, reimbursements, HR policies, etc. this tool minimizes the time spent on generic administrative tasks, allowing recruiters to invest more time in employee engagement.
Robotic Process Automation
Robotic process automation (RPA) is a technology that automates manual, repetitive activities. RPA are endowed with technology that enables to them perform a variety of time-consuming recruitment tasks in lesser time. They work on bulk data, like verifying candidate data, and do not require any kind of human intervention. They upload the results in a tracking system.
Applicant Tracking System
Applicant tracking system or ATS has become the savior all recruitment leaders need at this time. From creating stronger job descriptions to automating tedious workflow, ATS does it all. This end-to-end software helps recruiters save their time from unproductive labor-intensive work. When combined with AI, this automation tool for recruiters can perform a wide array of tasks like source, screen, sort, and rank candidates per their qualifications.
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Recommended Learning and Development Courses
Organizers are using AI in their learning and development processes to recommend courses depending on their skills and development needs. For instance, it will help understand an employee’s learning style and offer courses that make the process more comfortable and convenient. If an employee prefers video-based courses more then the tool will automatically offer the same.
Predictive Analytics
In the current scenario, recruitment leaders and agencies are turning to data to the source, interview, and assess a potential candidate. And to perform this efficiently, companies must have access to clean, authentic data for optimal results. Predictive analytics offers a better background, and deeper insight into a candidate’s profile helps the recruiter understand how qualified and suitable the employee is for the job and how soon the candidate is likely to leave his current position.
Internal Recruitment
A trend that can favor recruiters and employers the most in 2023 is upskilling and reskilling existing employees. This helps in filling the talent gaps and brings down the hiring and onboarding costs involved when the candidate is an existing employee. Offering courses and learning material for further career development is a brilliant way to retain employees and enhance employee engagement.
[To share your insights with us, please write to sghosh@martechseries.com].
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