NPAworldwide management start each year with a look at what might shape the months ahead. Of particular interest is a short list of the most significant recruitment trends to watch, with a focus on how these trends will impact independent recruiters and their clients. These trends are actually a continuation of things that began gaining traction in prior months. If you are recruiting, you will be impacted by these 4 things in the year ahead.
The Talent Gallery team is ready to help getting the best people on board.
Candidates in Control
The demographics of talent search will highlight a growing candidate shortage in 2017.
In 2016, multiple-offer situations and turndowns of offers increased. Highly sought-after candidates realize the control they can apply to the recruitment process.
Demands for salary, benefits, and other components of job offers will become increasingly contentious.
In an economy that has stabilized considerably over the last 5 years, candidate comfort and understanding of the leverage they have will make recruitment more difficult.
Moving talent from an acceptable employment situation to a new one will increase in difficulty.
If employers are not connected to the realities of the market, many will waste time on lowball offers or make poor decisions in the negotiation process, believing they control the rules of the game.
Candidates are feeling good and will prove it by walking away from situations and offers that are less than perfect.
Employers will Engage More Analytics and Benchmarking Tools
The cost of making hiring mistakes in growing. With candidate demands on the increase, employers will be spending more on future results to be delivered by what they may view as unproven talent.
To minimize mistakes and the costs of bad hires, more employers will be using tools to assess
- Cultural fit,
- Skill proficiency,
- Psychological benchmarks
and a series of other comparative tools to predict a stronger likelihood of candidate success.
Employers will Need Help Delivering
Employers have taken more of their recruitment needs in-house for perhaps 10 years or more.
If global economies remain strong and continue to grow even marginally, the demand for talent will cause those that have gone it alone with in-house resources to become frustrated.
There will be more need for independent recruiters to fill openings in companies that may have eliminated independent search from their process years ago.
Technology on Top of Technology
Successful recruiters have embraced some forms of technology to speed process and deliver results. Many of the technologies that exist to source, track and contact talent fall short of perfection in some way.
We are starting to see technologies that ride on top or over other technologies to make them more effective. ContactOut is one such tool that rides on top of LinkedIn to make it more useful.