The 2020 Recruitment trends
The 2020 Recruitment trends
Like everything else in this world, the recruitment world faces its own changes and trends. At BRIAL Jobs we know that KNOWLEDGE is key: so we make it our goal to always be up to date with all the updates and new movements. We wanted to share this knowledge with you.
The recruitment experience and the expectations of everyone involved in this process (candidates, hiring companies, recruiters etc) are evolving. In 2020, we see even a higher increase in the technology influence over the recruitment processes.
In this short blog series, we share with you the biggest recruitment trends of this year - are you ready for welcoming these changes?
1. Candidate experience - what is it and why do employers prioritize it?
It is a well known fact that the organizations that managed to transform candidates into team members, are the ones that aim to create an experience for the candidates.
To understand the importance of this candidate experience, one example must be given: according to TalentBoard, for the last past 10 years, over 1000 companies globally have collaborated in a research initiative with the goal to identify and measure the candidate experience. This massive collaboration shows the importance the experience of candidates has in the ability of the company to attract and retain top talent.
Did you know that?
- Professionals that are satisfied with their experience as a candidate are 38% more likely to accept a job offer.
- Regardless of whether they get a job offer, Professionals that are satisfied with their recruitment experience are more than twice as likely to recommend the organisation to others, compared with the applicants that were not satisfied (62% vs. 28%).
- 87% of applicants admitted that a great candidate experience can make them change their opinion about an organisation that they once had doubts about. Warning: 83% of professionals say that a negative recruitment experience can make them change their opinion about a company they used to like.
Bottom Line - The companies that succeed in creating an extraordinary candidate experience, they will have the opportunity to pick their talent from a pool of top candidates.
How to create an excellent candidate experience? Stay tuned as you’ll get access to
our tips & tricks in the next blog post after the 2020 trends series.
2. Soft Skills Required = what hiring companies are desperately searching for
Skills are the currency of the future, and NO , not only the high-tech ones! Actually it might come as a surprise, but the old-fashioned soft skills are in high demand.
We are globally facing worrisome a skills shortage that is predicted in a skills deficit of over 29 million skills by 2030. The main percentage of these skills will be soft skills: as more than 2 thirds of the jobs created in this timeframe will rely heavily on skills such as empathy & communication. To address and overcome this shortage successfully, recruiters must focus on hiring applicants with a crucial skill: the ability & resilience to adapt to changing roles in flexible organizational structures.
It is not new for companies to hire for soft skills, however what is different is the the current shift in focus based on a number of converging factors.
Numbers are showing us that until 2030, the demand for emotional and social skills will increase with 22% in Europe & 26% in US. It is crucial to acknowledge that some of these skills are innate - empathy - while others can luckily be taught and refined - advanced communication.
Let’s see what SOFT SKILLS actually means. Starting with the word “soft”: it has been heavily debated if this is the right term for these essential skills (such as collaboration, communication, critical thinking or inductive reasoning). Researchers at Deloitte refer to these skills as “skills of the heart” and other professionals started using the term “essential”
Deloitte research revealed that the lack of skills has increased since the beginning of the decade - when the average professional lacked 1.2 of the critical skills to fill the job - to nowadays having the average worked missing 2 out of the total critical skills. These numbers point us at 23 million skills shortages with the trend of increasing up to 29 millionby 2030.
Let’s keep in mind that the job you might hire /apply for today , it might not exist in the next 2 years due to automation and AI. But what does AI not possess? Soft skills.
Due to rapid change in technology and economic environment it is vital to attract candidates that have the right soft skills and can adapt quickly. This pool of talent will be capable of upskill and transition into emerging roles.
In this new recruitment era, essential skills weigh heavier than any past experience and niche specialisations pose a threat as these skills might not be needed anymore.
Duncan Wardle, former vice president of innovation and creativity at Disney sums it up best: “The foremost employable skill sets we should be looking for are the ones we are born with: creativity, imagination, intuition, and curiosity.”