In 2024, new innovative and disruptive trends will drive the recruitment process. Organizations and tech recruiting firms need to adopt a more proactive role in sync with the latest trends if they want to find the right people to take their businesses forward.
Let’s take a look at the top 4 talent acquisition trends in 2024.
1. AI & Tech In Recruiting
AI and technology in recruitment are poised to skyrocket in 2024, disrupting the entire HR process. This growth will be driven by latest tech trends such as AI recruiting tools, and automated candidate sourcing, recovery, and matching.
In 2020, a study by Doodle showed that only 13 percent of people teams were ready to adopt virtual onboarding practices. Today, around 79 percent of people leaders confirm that virtual onboarding is a more effective training model than in person onboarding.
Technology for communication, like chatbots, has been shown to improve candidate engagement and company responsiveness. These tools also relieve the burden on overstretched talent teams while boosting vital recruitment metrics like quality of hire, time to hire, and cost of hire.
The latest AI and automation tools can screen resumes based on pre-defined requirements, rank candidates, and handle basic assessments. This enables recruiters to focus on tasks requiring human intervention. It also helps to streamline the recruitment process, leading to higher efficiency, better candidate engagement, and elimination of bias.
2. Remote Working Is Here To Stay
After the pandemic, we have seen a drastic acceleration in remote and hybrid working. According to Upwork, 28 percent of employees will be working remotely in the next five years.
Many employees prefer working from home as it offers several advantages, including flexibility and no commuting. As organizations endeavor to retain existing talent, they have come to realize that remote working can provide significant benefits to the business. In fact, employees have come to expect that flexibility. The offer of remote work options can often be a key deciding factor for a candidate with multiple job offers. Additionally, remote work has been shown to improve employee morale and happiness.
A recent study by FlexJobs reveals that more than 50 percent of men and 60 percent of women are ready to quit their jobs if they are not offered remote work options.
Hybrid work opportunities are what candidates want, and hiring organizations and IT recruitment firms need to take notice if they intend to halt turnover and survive in an increasingly competitive hiring market.
3. Diversity, Equity, & Inclusion
Diversity hiring is nothing new, and the focus on diversity, equity, and inclusion (DEI) in recruitment remains a popular trend in 2022. Today’s candidates actively look for companies that show commitment to their DEI policies.
Research shows that having an inclusive and diverse workforce contributes to heightened creativity and innovation, as people from different backgrounds use their shared experiences to develop better solutions. Inclusion and diversity also lead to improved employee satisfaction, retention, loyalty, productivity, and employer branding.
More and more businesses are placing significant emphasis on DEI. This will lead to deployment of innovative candidate screening and evaluation tools that are designed to eliminate bias from the process of talent acquisition.
The World Bank affirms that workplace gender equality can boost the global economy up to £120 trillion. Moreover, ethnic and gender workplace diversity could increase profitability by up to 33 percent.
4. Increase In Data-Driven Recruiting
With the growth of the digital revolution, recruitment is predicted to become more data and analytics-driven.
Faced with a general shortage of talent, recruitment heads need to put in added effort to hire and retain a competent workforce. They need insights on which parts of their hiring strategies are working well, and which areas require improvement. This can be achieved using predictive data and analytics from HR tech tools, such as ATS and recruitment marketing platforms.
With analytics, talent acquisition heads can develop more effective recruitment strategies that will help them source, interview, and evaluate applicants better. AI tools utilize past hiring data to analyze current recruitment metrics. Recruitment data can be invaluable in various areas of HR such as employee retention, skill gap analyses, performance reviews, and workforce planning. Predictive analytics in recruitment can yield prominent results for the quality of hires and recruitment processes in general.
At Employvision, one of the top recruitment agencies in USA with over 15 years of proven track record in recruiting top technology talent, we know that in 2024, recruiters will need to remain flexible, adapt quickly, and embrace the many changes in talent acquisition. Our expert recruiting team has access to the latest cutting-edge tech tools in talent sourcing and recruitment to provide you with outstanding Talent Acquisition and Management solutions. We help reduce your recruiting cycle time while improving your candidate experience and retention.
Contact Employvision and start hiring the best IT talent today!
