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The year 2020 did not turn out to be anything like anyone expected. The pandemic had a devastating impact on our personal and professional lives all over the world. While the world waits for a vaccine and healthcare remains a top priority, the business world appears to have regained its footing after a brief halt.
As the demand for talent rises, talent acquisition teams and staffing agencies will face increased pressure. Understanding the key trends that will shape hiring processes in 2021, as well as planning for these changes, is critical. Here are five mind-numbing facts about manpower solution companies for you:
1. Changes in work patterns : The conditions for a career have deteriorated in terms of location. It provides employers with more opportunities to find the right skills than the city, according to our century. Many businesses have increased productivity and quality through remote operations, and many employees have time freedom and are not required to come to work every day.
Work from home can help break down physical barriers between good employers and a good workforce if it is accompanied by reliable communication technology and clear actionable goals. It is increasing global hiring and helping businesses improve client deliverables.
2. AI-Assisted Data-Driven Recruitment : Another trend that hiring managers should be aware of is data-driven recruitment. As organisations face increased pressure to hire the right people at a low cost and on time, many have turned to data to help them make smarter hiring decisions and avoid unconscious bias.
With the help of AI, the traditional hiring process will be upgraded by completely automating employee verification and onboarding procedures.
Companies will begin to use AI-powered chatbots for preliminary applicant screening before scheduling candidates for face-to-face interviews, and they will become commonplace.
3. Candidates will have a thorough understanding of digital technology : Technology in the Human Resource field has been a hot topic of discussion among organisations for quite some time. These debates have been sparked by the rise of remote hiring, and HR would like to focus on a positive digital employee experience in the coming year.
HR uses payroll technology as part of their process, as well as attendance and video interviews, but as times change, HR will focus on the use of technology for onboarding. Paperless and contactless onboarding technology, including employee authentication, will be more widely used in 2021. This reduces the risk of hiring employees with questionable backgrounds while providing an exceptional onboarding experience for genuine employees.
4. An increase in freelance work and project involvement : The pandemic in 2020 altered the way organisations operate. Companies are shifting toward projects or free employment as work from home becomes the new normal and employers can recruit the best talent in the world. Furthermore, this will provide opportunities for domain experts to work on short-term projects. It is expected that the trend will continue through 2021 and that the productivity of home workers, who understand that this could be the new normal, will increase.
5. Concentration on retention : A high rate of attrition in an organisation is never a good thing. When an employee resigns, the employer is obligated to pay the employee’s exit costs and benefits. Following that, the company must invest in recruiting and training new employees. In difficult times, people who are familiar with the work, company, and vision are better off.
Companies’ retention strategies, such as employee benefits, health care, leave structure, and performance evaluation, are expected to be impacted by the new development. A well-known employer increases the likelihood of attracting long-term employees.
Organizations were put under pressure and forced to change their working methods as a result of the unprecedented Covid-19 crisis. Employers needed to make sure that their current employees were in the right frame of mind and that the hiring and onboarding of new employees went smoothly.
Employment increased in the second half of 2020, and 2021 will be the year when human resource managers must rethink their hiring and onboarding policies, which will be critical for a smooth transition and long-term growth.