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The current pandemic has affected almost all industries and businesses. Therefore, it is necessary for the Recruitment to adapt to the new reality of Covid-19.
Agility is required for recruiters and candidates to thrive as market trends change. Thus, we show in this article an overview of the adjustments that must occur in the job market and in the application process. Which makes it necessary to adapt Recruitment to the reality of Covid-19.
Global Recruitment Industry Trends
According to the report by Research and Markets, there are some essential key points to take on the current situation. Some of the main conclusions of the report present forecasts for the Global Recruitment Industry for the period between 2020 and 2024:
- the increase in mergers and acquisitions
- unemployment rates (after Covid-19) will decrease
- online platforms and job portals will become the main recruitment methods
- decreasing workforce participation and aging will weaken the available sample of candidates
- the United States is the fastest-growing regional market due to the presence of large investors in the market itself
- Europe and APAC (Asia-Pacific) are also considered major investors due to mergers and acquisitions between recruiters and companies from different sectors
The Effects of Covid-19
The Recruitics, an industry blog, demonstrates how the pandemic might affect recruitment. We are talking about:
- avoid business trips whenever possible
- increase in the number of workers who carry out their tasks on a teleworking basis
- growth in the number of workers thinking about changing careers, due to the evolution of positions and the uncertainty about the job in which they find themselves
- some companies stop hiring to reduce costs, while others will be more successful due to the customer's needs and behavioral changes
- interviews, hiring, and conferences that will become virtual, whenever possible
How are Recruiters Adapting?
Recruiters will see dramatic changes in the years to come. Recruitment will become even more important, but the role of recruiters and their techniques will change.
Currently, recruiters are already seen using their smartphones, computers, and other similar devices. More advanced tools like task management software and knowledge to use these options online will gain new importance in the future.
Recruiters will be more involved in the strategy to be implemented in order to help each company achieve its specific goals. The focus will be on using creativity to attract ideal candidates, from anywhere in the world.
How Is the Candidate's Evaluation Process Evolving?
According to the Forbes publication, there are recommendations for the current job search that will benefit both recruiters and candidates. These recommendations (from the candidate's perspective) include finding new ways to stand out, such as:
- request an online interview or send a presentation video, previously recorded
- do not send applications everywhere. You should choose instead to choose companies for which your skills and interests make you the ideal candidate not having unrealistic salary expectations, and choosing earlier can demonstrate empathy for the way the company may have been affected by the pandemic
- be flexible and understand that companies are changing procedures to keep up with other changes globally.
- remain optimistic and focused, so that in the future a job for which you are qualified
These recommendations for candidates help recruiters to get a job seeker. By predicting their behavior, Recruitment can continue to implement changes without losing touch with reality.
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