Technological advancements and the use of artificial intelligence in different occupations have entirely changed the way people live and operate a business. Keeping up with technology and modernism today is a basic need for everyone, especially business owners. If you're starting a new business and need to hire employees, try to avoid the old hiring practices. Do you know why? Since traditional recruiting methods are time-consuming and applicants, do not have a complete understanding of their future job. Suppose SMEs spend several weeks on recruiting processes such as getting to know candidates, talking to references, and bringing them in for interviews. In this case, they should think that probably 50% of candidates would reject their offers. With this in mind, the future of recruitment needs to change. If you want to change the future of recruitment as an SME and take advantage of the first-of-its-kind social intelligence platform for recruiting, be with us by the end of this article.
Companies often use job boards where job seekers' information is recorded for hiring. You might think this is a good method, but did you know that job boards only target active candidates? Studies show that active candidates are only 5% of the job seekers universe, and the rest are passive candidates. And this may lead to the skills gap because, according to recruiting analysts, skills and abilities usually lie in these passive job seekers. One study suggests that between 2018 and 2028, the skills gap will increase significantly, and probably about 2 million jobs will not be filled in the US. As a result, SMEs need to look for a cost-effective and time-consuming way to hire passive candidates. To do this, it is essential to have a thorough knowledge of the following tactics, to have an efficient recruiting system:
Companies may have experienced working remotely or hiring through video interviews years ago, but these days it has become prevalent due to the spread of covid-19. During this time, the virtual recruiting method was so effective for SMEs that 81% of leaders believe virtual recruiting will continue after the pandemic. One benefit of this approach is the creation of geographical diversity, allowing businesses to take advantage of talents from beyond their borders. Isn't that great? According to statistics, remote jobs result in over 20% more geographical diversity among applicants. Also, the virtual job finding method is so enjoyable for candidates that 65% say they want to experience the real job through technology. For virtual recruitment, companies need the help of modern software that makes this process easy and efficient for them and their candidates.
Diversity, equity, and inclusion have become such an essential issue that 77% of talent professionals say diversity will be crucial to the future of recruitment. This is also very important for candidates as 52% say they can reject offers from companies that do not follow this principle. So if you, as an SME, put aside your bias in the recruitment process and allocate your criteria to different candidates, you can be sure that you will attract a skilled workforce. The following quote from Lauren Gardner, Microsoft Vice President of Global Talent Acquisition, explains the significance of this principle:
"Recruiters have to be able to answer questions on culture. They have to be able to answer questions about the company's stance on diversity. They have to teach leaders and managers how to think more broadly about their own choices and coach them to gravitate not toward who they 'like' but who adds to the organization."
You would have a higher chance of attracting employees if you can better articulate your workplace culture during the hiring process and illustrate it to applicants somehow. Applicants must understand the workplace culture and strategy to be successful in their future careers. Statistics show that 72% of candidates want to know about work culture before accepting an offer. You may be wondering what the best and most successful approach for demonstrating work culture is. Companies use a variety of strategies to accomplish this, such as organizing social events or business-related workshops. For example, at QPage, we believe in serving customers exceptionally; we have a sense of ownership and urgency. What is your work nature, and how do you convey this to your applicants?
In this regard, Brittany Forsyth, VP of Human Relations, Shopify, says, "Determine what behaviors and beliefs you value as a company, and have everyone live true to them. These behaviors and beliefs should be so essential to your core that you don't even think of it as culture."
At the beginning of the article, we said that you need to modernize and use new technologies to make the recruitment process user-friendly to change the future of recruitment. But this alone will not only not be beneficial to your recruitment process, but it will also significantly reduce the number of applications for your job offer. Do you know why? Because applicants, while wanting to have a short and efficient application process, also like to have a direct human interaction. Two-thirds of job seekers say that when we receive a personalized email or message from the company, it convinces us more to apply for their job posting. If SMEs can balance technology and direct human interaction to make the future of recruiting more efficient, they can quickly hire specialist staff.
For example, at QPage, we create a dedicated ecosystem to help SMEs transform their networks into an interactive community of affiliates and referrals. We aim to provide an AI-powered, automated, seamless, interactive, and enjoyable recruiting management system that allows SMEs to link their job pages to a global affiliate recruiting application. This is a revolution in the future of recruitment, and we want to help SMEs find their ideal workers in the modern business world with our one-of-a-kind services.
As an SME, you may think you can't compete with big brands to attract employees. Well, it's true that professionals with strong backgrounds attract to big brands, but according to statistics, employers' reputation is much more important than the brand. 71% of job seekers say employer reputation is more important than brand, so this is good news for SMEs. You can gain an advantage by developing and promoting a strong and positive reputation. Do you say how? You can use simple and unique tricks to show the credibility of your business. You need to get an up-to-date picture of your business reputation and constantly present it on different platforms so that job seekers can get to know you better. For example, this may be feedback from former workers about your work environment or your honesty about your company's culture and values.
In today's highly competitive business world, having an up-to-date and efficient hiring system can be a boon for SMEs. The five strategies mentioned above are the foundations of this effective system, but putting them into practice can be confusing and challenging for you. Also, it may seem impossible to have a platform that can bring all these tactics together. But we have good news for you at QPage. Our short-term goal is to offer an AI-powered automated recruiting management system that allows recruiters, HR departments, hiring managers, and, in general, the entire company to spend less time and money on recruitment while hiring the best candidates. We are building the first-of-its-kind Social Intelligence Recruiting Platform. You can connect privately and securely with other communities to expand the network and advertise while earning money and owning their knowledge and business. To create a long-term, low-cost and strategic sourcing, relationship, and employer branding is to unpack Reddit and combine it with Linkedin company pages. Isn't that great?
The evolution of various hiring management solutions and the use of telecommunications tools have enabled professionals to perform traditional hiring activities in less time. This system's benefits are the proper attraction of candidates, preservation of human capital, increased efficiency, and conversion rate. Our vision is to provide the best solution for faster, more cost-effective, and more reliable hiring for SMEs. We aim to combine performance marketing and recruitment to improve employer branding, reduce recruiting candidates' costs, and make it much more manageable. If you trust QPage, you can use a unique recruiting system to attract top candidates with less time and cost.