The Future of Hiring: How Technology Is Reshaping Recruitment?

Technology is rapidly changing every industry then how recruitment can remain unaffected. Whether it is Artificial Intelligence (AI) or Virtual Reality (VR), everything is getting affected by new technology which is coming. Technology is making new ways which are useful for both employers and employees. It makes it easy for recruiters to find easy ways to hire best talent. On the other hand it is also helping job seekers to find their dream job.

In this article we will discuss about main technological trends that are reshaping the recruitment process. Our main focus will be helping businesses to adopt new technologies so that they can easily best talent for vacant positions. These trends will make the recruitment process easy for the businesses. Here are key technological trends which are reshaping recruitment:

1) Automating Manual Tasks:

Now a days, many tasks of recruitment process are aligned with the help of both AI and Automation. Many manual tasks of recruitment have now become easy by using AI and Automation. For example screening of resumes, matching candidates with the requirements and making schedules of interviews with the candidates. Because all the processes are being automated so, now it can be said that businesses are free to focus on their strategic goals. They can now built long-term relations with the candidates and can hire only best match for the vacant position. They don't need to be worried about old process of recruitment.

2) Improving Candidate Experience

If we look at current scenario, we can clearly see the difference between conservational recruitment process and the new one. By using technology it has become easy for businesses to interview candidates online. Now a days, candidates can be interviewed by video. They can apply for job easily and have the opportunity to learn about organization culture.

3) Making Recruitment More Data-Driven

In conversational recruitment process the businesses don't have statistical data. So the recruitment process was not data-driven. Now it has become data-driven because with the evolution of new technology the businesses have data. They can now use this data to make recruitment process easy. By using this data they can now hire top talent, track their own recruitment process stages and improve this process.

4) Artificial Intelligence

Artificial Intelligence is helping recruitment process in many ways. It has become easy to screen resumes, schedule interviews and hire top talent. AI has make it easy for businesses to leave those steps in recruitment process which are time consuming and have no benefits. Now companies can focus on those stages which are most important for hiring top talent.

5) Virtual Reality

Now a days Virtual Reality is widely used to create experience for candidates. They can now visit the offices through virtual office tours. They can also experience of doing work through job simulations. It makes it easy for candidates to assess their soft skills. It has also become useful for businesses to judge the skills and expertise of candidates and hire the best ones.

6) Blockchain

Basically, Blockchain is a distributed ledger technology that is widely used for recruitment process. It makes this process more secure and transparent. By using this no-one can doubt the recruitment process. It can also be used for verification of credentials of candidates, track and monitor recruitment data and manage contracts with the candidates.

There are following ways through which businesses can utilize the technology and improve the recruitment process:

I. Adoption of Applicant Tracking System (ATS):

It is basically a software solution which makes recruitment process easy. It helps from the first step of recruitment to last step of hiring best fit for the job. It automates the entire recruitment process from jobs advertisement to final step of selection. It helps businesses to focus on their strategic tasks.

II. Use AI in Screening Resumes and Hire Top Talent:

Properly using AI helps businesses from screening resumes to hiring of top talent for the vacant position. By using AI businesses can hire best fit more effectively and efficiently.

III. Implementation of Video Interviewing:

Businesses can also implement the practice of video interviewing. By using this candidates can apply for jobs more easily. They can learn more about the company. Businesses can also reduce cost and time of recruitment process by using AI.

IV. Using Data and Stats:

Now companies can monitor the cost and time at every stage of recruitment process. They have data and stats for every stage. By consciously monitoring time and cost at every stage of recruitment process they can look for areas of improvement. By reducing cost and time they can make this process more effective and efficient.

Conclusion:

In conclusion, it can be said that technology has made it easier for both candidates and businesses to get what they want. Because candidates can now apply for jobs easily by using technology. On the other hand, businesses can hire new talent which is suitable for the vacant position. Because they have all the relevant data and stats. By using this data businesses can lower their cost and time taken for manual recruitment. So, it is clear that technology has made recruitment process very easy.