Market Mad House

In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche


These trends are changing the way businesses hire employees

Businesses are always looking for smarter ways to recruit. Whether it’s through online engagement, a recruitment consultancy, or in-house talent development, there are lots of new and innovative methods being used to hire the best talent.

But what does this mean for the future of business? With that in mind, here are some of the biggest trends in employee recruitment that are shaping the way businesses hire employees. These trends include analysis and conclusions on how employers can react in order to stay ahead of the curve.

Diversity and inclusion

The first trend is the move toward diversity and inclusion within recruitment. This has been driven by significant investment from governments around the world.

The ‘Global Diversity List’ report suggests that companies are increasingly aware of this need, but that there’s still work to be done. An example of this is the recently published ‘Deloitte Millennial Survey’, which suggested that nearly half (48%) of millennials consider workplace diversity as an important factor when choosing an employer.

Employee satisfaction

One of the things that companies have done to increase recruitment efforts is highlight the ways in which they recognize hard work and offer rewards. After all, employee recognition is an important part of helping workers to feel valued and included. It creates a stronger sense of community, which can help to reduce stress and higher productivity.

Employee satisfaction often comes down to access. In this instance, it’s about the kind of technology that’s being used by companies to improve workflows and communication channels. By making sure employees have access to all the tools they need, businesses can help ensure a happier workforce. For example, according to LinkedIn, companies should consider using a chatbot or mobile messaging app for immediate responses from supervisors when a question arises.

New working patterns

The third trend is the move toward new working patterns. This means flexible hours, remote working, and dual-career opportunities. All of these are ways in which companies can help employees to feel less restricted.

he kind of work/life balance they provide also helps employers access a wider pool of candidates from different backgrounds. This doesn’t just mean finding workers who want a better work-life balance though, it could refer to new recruits with specific skill sets that benefit the business as well.

In some cases, companies have been able to offer new working patterns by allowing employees to work remotely through a virtual workspace app such as Slack or Microsoft Teams for instant messaging and video chat. Using an app like this makes sure everyone is on the same page.

Using data

One way in which companies can respond to the above trends is by using data. This allows them to make sure they’re choosing the right applicants for each role, which helps them to lower their hiring costs.

By doing this, they ensure that employees are qualified for specific tasks. Some companies have started using artificial intelligence (AI) software for this very purpose. For example, Xref is an online recruitment platform that uses machine learning algorithms to help employers find better matches between people and jobs.

As you can see, the way businesses hire employees is changing. While there are several factors driving these trends, what’s clear is that employers need to embrace them if they want to stay ahead in the long term.