What do the next 10 years look like for recruitment?
The recruitment industry has already experienced a lot of change over the last decade and continues to grow at a dizzying pace. If you’d like a reminder of all the main changes, we have a handy little summary for you here.
So what do the next 10 years hold for recruitment and recruiters?
Now, it goes without saying that technology has had a huge impact, (just think, 10 years ago we didn’t even have social media!) and as it continues to evolve, it will play an increasingly important role in the way that companies go about finding and hiring talent.
Let’s take a step back; when LinkedIn and online job applications first appeared on the scene, they were considered supplements to the traditional CV and in-person interview. Not anymore. Today, the world of recruitment is moving towards, if not already in, a 100% digital model.
Whilst, yes, several employers have no shortage of applicants reaching out to them, this isn’t the norm and today recruiters need to be more proactive when finding candidates, particularly in the case of passive candidates – individuals who aren’t necessarily seeking a job but are open to new opportunities, and the younger generation.
More and more of ‘Generation Y’ will be entering the job market in the coming years and raised on technology, they have different expectations about the hiring process – recruiters will have to engage with them in different ways. So it’s not surprising that social media is set to become ubiquitous in the industry as recruiters have access to a wider talent pool and greater targeting across digital profiles. Such targeting will also be helped by mobile apps as candidates increasingly take to their smartphones and mobile devices to keep in touch.
The problem though, as you can imagine, is that sorting through tonnes of profiles is time consuming to say the least and distracts recruiters from their most important task – hiring. That’s where automated tools like Applicant Tracking Systems (ATS) come in. These handy systems streamline the entire recruitment process allowing recruiters and hiring managers to easily and affordably find, evaluate and organize top candidates. Fancy!
This area is expected to grow massively, with existing technologies set to evolve from basic candidate capture and CV keyword matching to innovative, tailored analytics programs that carry out complex prediction scenarios to asses and filter candidates’ suitability for positions. Such data capture technology is also predicted to become more customer driven, targeting specific groups and delivering a superior candidate experience.
What’s more, it’s thought that data analytics may help recruiters find which passive candidates are best to approach. Clever! These so called ‘Smart’ ATS systems will play a huge part in the future of recruitment and you can expect to see them as early as next year!