The Future of Hiring

The Future of Hiring 

The future of hiring is always changing; technological advancement is changing candidate expectations. Organisations must focus on retaining and attracting top talent in order to stay ahead of the competition. According to PWC, 49% of job seekers working in in-demand fields like technology say they’ve turned down an offer because of a bad experience during the hiring process. We work closely with companies to future-proof their recruitment strategies, and in this blog, we explore the top trends shaping the future of recruitment and we will suggest ways that your business can stay ahead of the competition.

Data Driven Recruitment 

Modern hiring decisions are being affected by real time data and predictive analytics, this enables businesses to optimise their recruitment process at every level. Key benefits include improving the quality of hire, reducing cost-per-hire and a faster, more efficient process. Although data is great it isn’t always enough, our team turns recruitment metrics into action with their professional insight.

AI and Automation will Streamline the Hiring Process

AI is reshaping hiring, transforming the role of recruitment. By automating time-consuming recruiting tasks, generative AI is speeding up the process by allowing recruiters to spend more time on strategic activities like building relationships, improving candidate experience and advising hiring managers. 73% of hiring managers agree that AI is changing the process for the better and we can see AI usage increasing year on year. Although we don’t fully rely on AI we combine our expertise with automation tools to create balance for an effective hiring approach.

Hybrid and Flexible Work will Shape Hiring Strategies

With the increase of hybrid and flexible working, employers have changed what they look for in a candidate. According to a McKinsey report 60% of companies reported an increase in hybrid work adoption, with 40% of tech firms shifting to fully remote operations. In order to stay up to date with future hiring, organisations need to consider offering hybrid working where applicable, create inclusive digital workplace cultures and hiring managers need to recruit beyond a geographical location. By opening up to a wider talent pool it increases your chances of hiring top talent within your industry.

DEI remains Central to Recruitment Success

Diversity, Equity and Inclusion (DEI) are a modern essential in any recruitment process. Recruitment strategies must be designed to remove bias, support equity and respect inclusion at every stage of the hiring process. McKinsey, D&I Global Market Report that diverse companies earn 2.5x higher cash flow per employee and make better decisions 87% of the time. Actionable strategies include writing an inclusive job description, using blind hiring techniques and a diverse interview panel. We actively support DEI in all our recruitment steps to create a sense of belonging, inclusivity and engagement.

The future of hiring is data driven, AI automated, flexible and it will focus on the candidates experience. Organisations that look to embed these trends will be best positioned to attract and retain top talent ahead of their competition. At Jackson Hogg we partner with clients to create a future proof recruitment strategy that is backed with market insight and human expertise. If you would like to speak to one of our consultant, get in touch today!