In order to prosper, your business has to change with the times. Learn about six up-and-coming trends in recruiting and why you need to capitalize on them.

  • SnapChat

SnapChat is being used by more companies to learn about job candidates’ passions, thought processes and drive. A company gains more access into candidates’ lifestyle values and is better able to assess their cultural fit and increase employee retention over time. Promoting one’s business online also builds visibility and interaction and draws top talent to the organization.

  • Predictive Analytics

Predictive analytics are being used more often to assess how long a candidate might stay with a company. Predictive analytics estimate which candidate is more likely to succeed in a role, how long it may take the person to succeed, and how successful the new hire might be. Who might leave the company first, when and why, how he can be retained, and if the employee is worth keeping are estimated. Companies save time and money on recruiting by using predictive analytics.

  • Employee Advocacy

Businesses realize the importance of employee networks in providing qualified referrals and filling their job candidate pipelines. Since the majority of job seekers use social media to find their next position, it’s important businesses empower their workers to be trusted company advocates on social media. Providing employees with high-quality content, top job postings, and messages that are easily shared takes an employee advocacy program up a level. Businesses reach a wider network of qualified candidates, build their company brand, and reduce their overall cost per hire.

  • Virtual Reality

Virtual reality (V.R.) is being offered on more career sites with office tours, job advertisements, including the working environment, and V.R.-based assessments. Job candidates are interviewed and put in real-life scenarios with their responses automatically assessed. V.R. is used in onboarding to introduce new workers to managers and help teach management systems for the real world.

  • Customer Relationship Management (CRM)

More companies are using CRM to save time and money while keeping their information current on job candidates. The technology records candidates interested in the company, colleague ratings, the ability to review and share information on candidates, post job openings, and analyze recruiting service performance for each hiring manager, recruiter, or HR professional.

  • Algorithms

Algorithms help employers model their preferences based on existing employees, the job description, testing and weighing soft and hard skills, and more to make more effective job matches. The mathematical equations take large amounts of data generated before, during, and after the recruiting process to form actionable information predicting whether a candidate is the right fit for the company. Recruiters still meet with qualified candidates while saving time and money in the process.

Don’t miss out on these recruiting trends that’ll help grow your business. For further information on helping your company prosper, contact the knowledgeable staff at Innovative Employee Solutions today!

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