Over the past couple of years, we have seen a change in how companies recruit top talent. The goal has become to fill your recruitment pipeline quickly. This has brought on a number of trends in the way recruiters are finding and retaining talent.
Employee Referral Programs & Increased Incentives
Employee referral programs have been around for years, but they continue to be the top way to recruit in 2022. Companies are facing the challenge of filling their pipeline with top candidates. A common factor is using an employee referral program for recommendations from the people who know your company best. Employers/recruiters are offering large bonuses and incentives to hire and retain top talent. Not only will your recruiting strategy be beneficial, but your team will be more trusting since they are included in the recruiting process.
Candidate Driven Market
Over the past few years, we have seen a change in how companies are recruiting, hiring, and interviewing. Candidates now have the upper hand due to the increase of available jobs. Many companies are offering work-from-home flexibility and other perks to recruit and find top talent. Hiring Managers are continually trying to navigate this candidate-driven market with creative recruiting strategies.
Work-from-home and hybrid work schedules have become the new normal. Zoom is now the home for most meetings rather than a conference room. As previously mentioned, employers are beginning to offer flexibility in their recruitment efforts as many candidates are seeking that in their schedules and location. Companies are now creating policies based on a work-from-home structure. Remote working hasn’t just been beneficial for employees/candidates, but also for employers to reach a larger span when recruiting. Now employers can go international in their search for top talent. Remote working seems to be sticking around for quite some time.
Recruiting through Social Media
Many companies are swaying away from job boards, hiring events, and traditional methods of recruiting. Social media has become an easy way for companies to post jobs and for employees to share open positions. Employee Referral Platforms are conveniently giving the ability to share an open job on their social media sites. Employee Referral software like ERIN has the ability to share a job directly to social media or your contacts. Kepios analysis shows that there are more than 4.62 billion social media users around the world in January 2022, equating to 58.4 percent of the total global population. This doesn’t limit employers to a number of applicants but gives them the ability to reach more people.
Social media platforms have also added options for users to filter and search their sites directly for open positions. Giving candidates a wide range of job opportunities to choose from.
Diversity & Inclusion Hiring Focus
It is widely known that having a culturally diverse workforce can fuel innovation, boost creativity, and lead to higher profitability. Over the next year, business leaders will place an increased emphasis on diversity and inclusion efforts. This focus will involve deploying innovative candidate evaluation tools designed to eliminate bias in recruiting and hiring.
Recruitment trends have been evolving over the past couple of years and continue to change. Companies need to adapt and change their recruiting practices in order to find and retain top talent.