Hiring Trends to Watch out For in 2017
Hiring the best candidates to fill human resource job positions is very important for company growth, given the important role that human resource plays in a corporate setup. Changes in industry dynamics, trends, and regulations can impact staffing strategies and determine whether or not you get the best candidates. To adopt and follow the best hiring practices, HR staffing agencies need to keep pace with changes hiring trends. Let’s look at some hiring trends that are set to dominate the industry in 2017.
1. Permanent job Positions Will Decline
The total value of mergers and acquisitions in 2016 was around $4 trillion, a number which is expected to increase this year, eliminating many mid level jobs, especially in the tech industry. Companies will also continue relying on freelancers who constituted almost 35 percent of the U.S. workforce in 2016; a number that is expected to increase over the next few years. To maintain a more agile and economical workforce, companies will shift their focus from hiring permanent workers to temporary employees.
2. Referrals to Remain a Major Part of Hiring Strategies
According to Gerry Crispin, founder and principal of CareerXroads, referred candidates constitute almost 40 percent of new recruits in top companies. A study conducted by iCIMS, a talent acquisition service provider, found that 65 percent of referred employees are satisfied with the job fit. Given the important role that job satisfaction plays in employee retention, companies will continue encouraging employee referrals by offering referral incentives.
3. Recruiters to Stress on Hiring a Diverse Workforce
Recruiters prefer people from different backgrounds as they bring a range of skills and expertise to the table. 86 percent of the 400 U.S. recruiters that participated in the Envoy Immigration Trends 2016 survey conducted online by Harris Poll, consider getting people from diverse nationalities an important part of their hiring strategy. 87 percent of recruiters who participated in the survey expect the workforce diversity at their organizations to increase or hold steady in 2017.
4. More Transparency in Disclosing Info to Candidates
Job candidates are increasingly demanding that companies come up with transparent policies, including the provision of important info about job roles and responsibilities. More companies are now providing comprehensive details about job openings through various platforms such as social media and company website. The trend is set to continue in 2017 and employees will also use chatbots and other Artificial Intelligence technologies to provide info such as compensation, and other benefits to candidates before they apply.
5. Recruiters to Update Candidates Throughout the Hiring Process
Providing a good experience to candidates is one of the most effective ways companies can build a positive reputation. They must use automatic email notifications to inform applicants about the status of their application. Companies will also use applicant tracking software to communicate effectively with candidates and provide feedback at regular intervals throughout the recruitment cycle.
Final few Words
Crafting your recruitment strategy with changing industry trends in mind helps you stay on top of your game and hire the best candidates for the job. If you need a recruitment partner that can help you design and implement hiring strategies according to these and other trends that are shaping the industry, Delta Dallas is happy to help. We’re a leading HR staffing agency in Dallas providing reputable employment services to companies from diverse industries. To learn more about our services or discuss your hiring requirement, fill out our contact form or call us at (972) 788-2300.