Prabhakar Kumar Mandal
The COVID pandemic has transformed business as we know it. This includes recruitment. Right from the pre-hire activities to the post-hire ones, no hiring practices will be exempt from change we’re witnessing. To maintain a feasible talent acquisition program now and in the coming years, organizations face a persistent need to reimagine the way they do things at every step of the hiring funnel.
In my perspicacity, following are the key aspects to look at:
1. Transforming Physical Workspaces
Having employees be physically present at workplace is fraught with challenges now. We envision many companies transitioning into a fully or partially remote workforce to save on costs and give employees more flexibility.
This means companies that maintain a physical headquarter will be paying much closer attention to the purpose those spaces really serve—and so will the candidates. The emphasis now will be on spaces of necessity—meeting areas, spaces for collaborative work, and comfortable, individual spaces for essential workers who need to be onsite.
2. Traveling for interviews will be an obsolete
It’s going to be a while before non-essential travel assumes its pre-corona importance. In a study of traveler attitudes spanning the U.S., Canada, the U.K., and Australia, the portion of people who said they intended to restrict their travel over the next year increased from 24% in the first half of March to 40% in the second half of March.
Candidates will be less willing than they once were to jump on a plane for an in-person interview when a video conference is a viable alternative.
3. Demand for workers with cross-trained skills will increase
Skills-based hiring has been on the rise now and will keep increasing as businesses strive to do more with a lesser headcount. We anticipate organizations to increasingly seek out candidates who can wear multiple hats.
Additionally, as machines take on more jobs that were once reserved for people, we will see even greater demand for uniquely human skills like problem solving and creative thinking. Ravi Kumar, president of Infosys Ltd., summed it up perfectly in an interview with Forbes: “machines will handle problem-solving and humans will focus on problem finding.”
4. Recruiting events will look a lot different
It’s unclear when large-scale, in-person gatherings like job fairs will be able to resume, but it will likely be a while. We will likely see most events move to a virtual model, which will not only reduce risk but significantly cut costs for those involved. This may open new opportunities to allocate that budget to improve some of the other pertinent recruiting practices on this list.
5. Time to hire may change dramatically
The current approach is likely to change. For example, that most people who took a new job last year were not searching for one: Somebody came and got them. Businesses seek to fill their recruiting funnel with as many candidates as possible, especially ‘passive candidates’, who are not looking to move. Frequently employers advertise jobs that do not exist, hoping to find people who might be useful later or in a different framework. We are always campaigning the importance of minding our recruiting metrics, which can help us not only to hire more competently but identify interruptions in our recruiting process.
Are there steps in the hiring process, like screening or onboarding, that can be accelerated to balance things out? Are there certain recruitment channels that typically yield faster hires than others that can be prioritized? These are important questions to ask as you analyze the pandemic’s impacts to your hiring funnel.
6. How AI can be leveraged to screen candidates?
AI is helping candidates get matched with the right companies. There are over 100 parameters to assess the candidates. This reduces wastage of time, money, and resources. The candidates are marked on their core strengths. This helps the recruitment manager to place them in the apt role.
The current situation presents the perfect opportunity for companies to adopt new tools. Organizations can reassess their recruitment processes and strategies through HR-aligned technology.
Post-pandemic hiring strategy
This pertains more to the industries most impacted by the pandemic, like businesses in the hospitality sector, outdoor dining, and travel to name a few. Many of the applicants in this domain have chosen to make the shift towards more promising or booming businesses.
However, once the pandemic blows over and restrictions are lifted, you can expect suffering sectors to come back with major recruitment changes and fierce competition over top talent.
Companies that take this time to act by cultivating relationships and connections with promising talent in their sphere, will have the advantage of gathering valuable data from probable candidates.
About the Author –
Prabhakar is a recruiter by profession and cricketer by passion. His focus is on hiring for the infra verticle. He hails from a small town in Bihar was brought up in Pondicherry. Prabhakar has represented Pondicherry in U-19 cricket (National School Games). In his free time he enjoys reading, working on his health and fitness and spending time with his family and friends.