The job and market landscape today places a great deal of value on hiring highly skilled and reskillable workers. With a simultaneous talent crunch and hiring freeze, skilled talent is one of the most important assets any organization can have. And organizations are starting to value this oft-overlooked asset.
And this need to nurture talent has meant that employers have had to formulate much better and more employee-friendly health and safety protocols and expand their benefits.
In fact, in order to prepare themselves for intense competition for highly-skilled talent, employers in India are increasing the budgets allocated to recruitment by at least 25% when compared to their funding last year in 2021.
Despite the disruptions caused by the pandemic, India has only cemented its position as a global talent hub as businesses and companies open up. Most employers have also rewired their previous hiring and talent acquisition strategies to become more employee-centric and employee-friendly.
More such trends and forecasts are elaborated on in the Indeed and People Matters Recruitment Outlook 2022.
What the future of talent is set to look like
Due to an accelerated digitization wave, hiring skilled tech talent has become increasingly important. More than 75% employers are looking at ramping up hiring in 2022, with solid plans in place to invest in talent attraction programs.
Findings of the Indeed and People Matters Recruitment Outlook 2022 also show that employers are now open to experimenting with their hiring practices and strategies with newer solutions. These include talent analytics, candidate relationship management and recruitment marketing software as part of their omni-channel recruiting.
The personal touch
Another hiring trend that is slowly gaining more ground is employers choosing to interview potential candidates at a more personal level. This means that rather than rushing people through the standard, almost lifeless hiring process, employers are taking a more employee centric approach and putting in efforts to know and understand the person behind the resume. It seems that we can finally bid goodbye to the overtly automated hiring processes of the past!
Another rather interesting trend that has been gaining traction is the use of career websites and social media by employers to widen their talent pool as much as possible. Now if you look at it from an employer standpoint, online platforms offer another way to discover highly–skilled candidates and engage with them without the added pressure of “hiring” right off the bat. An added bonus here is that the profiles created by potential candidates allow for employers to scan, sift and fast forward to those profiles that fit the bill, adding a layer of efficiency and time management to the process of finding the right candidates.
The Indeed and People Matters Recruitment Outlook 2022 goes deep into these trends and uncovers the driving factors around hiring, talent acquisition and much more. From growth hacking for high impact talent to expert industry insights, down the report to take a deep dive into the world of recruitment trends.