SUMMARY
The first and foremost step that can make a significant difference in skyrocketing the number of suitable applicants is the art of employer branding
Emerging as the most powerful weapon of smart hiring, targeted job descriptions can go a long mile in helping select the most apt employees
Embedded with automatic application review systems, effective pre-screening can help organisations save plenty of time
The term ‘Hacking’ has been subsumed by connotations that aren’t necessarily positive. However, taking a twist on a word that has been consumed by murky shadows, ‘Hacking the Hiring Process’ is here to add a layer of fresh perspective to the constantly evolving hiring landscape.
Undoubtedly, it’s impossible to constantly keep up with the new trends permeating every aspect of the recruitment cycle.
Conventional hiring methods have proven to be dispensable in today’s fast-paced hiring ecosystem. Owing to the fact that they continue to be characterised by complex processes of identification, time-consuming verification, and uncertain results, which ultimately culminate in unsatisfactory hiring.
Elevating the hiring process up a notch, the advent of smart hiring, marked by mastering diverse hacks for optimal recruitment results has created disruptions in a multitude of industries, helping them hire suitable employees to unlock unappalled growth and success.
Ultimate Hiring Cheat Sheet
With companies actively stepping up their hiring game, companies are capitalising on innovative strategies to recruit the best candidates amongst the large talent pool. The first and foremost step that can make a significant difference in skyrocketing the number of suitable applicants is the art of employer branding.
It’s a fact that skilled candidates always wait for the right opportunity rather than applying for every job that they come across.
Against this backdrop, a recent study by Glassdoor showcased that 69% of job seekers are likely to reject an offer from a company with a bad reputation, even if they are unemployed.
This makes cultivating a compelling employer brand paramount. Not only will it help attract top-notch candidates but will also yield substantial cost-savings, reducing the cost-per-hire by as much as 50%.
Target Precision And Smart Selection
Emerging as the most powerful weapon of smart hiring, targeted job descriptions can go a long mile in helping select the most apt employees. As it is the first thing that a candidate comes across, it will play an invaluable role in helping candidates decide whether they should apply for the job or not.
A spot-on job description should not only include job details, like location or responsibilities but also include details about the company culture, boosting candidate quality.
Smart and precise selection isn’t merely based on shortlisting resumes but should incorporate additional elements such as relevant assessments from cognitive, and personality, to situational, and structured interviews for a crystallised hiring process.
While diverse tests will help organisations gain deeper insights into the candidate’s ability, traits, and problem-solving skills, structured interviews will help achieve maximum results.
Against the same, Harvard Business Review recently stated that companies using structured interviews reported a 29% increase in hiring manager satisfaction, followed by a positive impact on job performance.
Proficiency In Pre-Screening
Embedded with automatic application review systems, effective pre-screening can help organisations save plenty of time as it quickly filters out unqualified candidates, allowing recruiters to focus on the most promising candidates.
Furthermore, employers can utilise screening questionnaires to acquire important information, which will enable recruiters to swiftly reject candidates who do not satisfy the fundamental job requirements, saving both time and resources in the early phases of the hiring process.
Additionally, organisations leveraging behavioural assessments in the hiring process have recorded a 38% increase in overall performance and a 20% decrease in employee turnover, making behavioural evaluation an indispensable asset in the pre-screening cycle.
Apart from assessing a candidate’s work style, communication skills, and possible cultural fit, it also assists in identifying individuals who possess unique characteristics that correspond with the company’s values for the position.
Age Of Automation And Technology
Transcending beyond the days of standard procedures to foster a thriving hiring process in today’s digital era, it is mandatory to leverage cutting-edge technology, data, and creative tactics.
Leading the baton of automation, AI-driven recruitment technology has not only opened avenues to improved candidate quality but is a testament to the efficacy of technology in helping select the best-fit candidate.
AI-powered chatbots can streamline the initial candidate engagement process by responding to candidate inquiries faster, saving recruiter’s time, while ERP software will help manage diverse aspects of businesses from finance, and HR procurement to supply chain.
With data analytics at the forefront of smart hiring, organisations will stand a chance to gain objective insights into a prospect’s abilities, competencies, and cultural fit.
Subsequently, this will allow HRs to make better hiring decisions. As data-driven hiring continues to penetrate further, businesses have the opportunity to unlock a world marked by successful hires by mastering the art of creating the right profiles for apt candidates for specific roles.
Shaping The Digital Hiring Future-Smart Hiring
In a highly digitally driven era, there is a pressing need for organisations to join the journey of hiring with hacks.
It is more than merely filling in a vacancy and is rooted in the very essence of proactive talent sourcing which follows through a meticulous process, allowing for building lasting relationships with the candidate.
With a unique blend of diverse hacks, businesses are poised to reach the final destination, which is a landscape marked with effective, data-driven recruitment, opening a gateway to exponential growth.
