How will the Hiring Industry & Job Search Change in the Next 5 Years?
The hiring industry & Job search will change very much over the next 5 years. In this article, you will know about the top 5 methods of hiring in future. How recruitment industry, various job boards and the best job search sites Seekruit will hire in future. Read the article completely to know!
The recruitment industry is changing very fast
The world of working culture is also changing. The job we did from 9 to 5 is not that anymore, and various technologies like AI (Artificial Intelligence), VR (Virtual Reality), automation and are all modifying the way people are doing their job.
5 ways that recruitment will change within the next 5 years :-
Here are the latest 5 ways the recruitment industry will change over the subsequent 5 years:
1. A brand new dictionary of job titles
By 2026, there is a massive chance that a complete new glossary of job titles, Job search websites and job descriptions will come in the limelight, and recruiters will have to be effortless in these new terminologies.
In particular, this stream of new job titles will be due to effect Artificial Intelligence and automation will have on existing jobs. It would not be that long before you see robots are taking over and substituting humans in worldwide industry.
Well, no one can deny that jobs in some particular fields or verticals will get affected by these transpiring technologies. Sectors like wholesale and retail is mostly to become much more dependent on AI in upcoming years.
Nonetheless, as some jobs vanish, others will pop up. Some of the jobs which will surface over the years include AI Business Development Officer, Master of Edge Computing Data Detectives etc.
2. Selection via Algorithm
Well, there was a time, when recruiters had to sit for long hours at their table with a pile of paper resumes in front of them. To be honest, at present it’s not that different either. Applications may have been digitalized but recruiters still inclined to go through read hundreds of CVs in order to shortlist applicants.
Foremost, this is way much time taking and secondly, this type methodology is not accurate every time. Because of previously mentioned time pressures, the average recruiter just spends 6 sec to scan a resume and to gauge if they want to consider an applicant. And when they have a tight schedule, errors are bound to occur in selecting an applicant.
Eventually, this CV centered methodology to hire applicant can lead to biasness. Obviously, recruiters try their best to avoid biasness in hiring and be as impartial as possible, but as humans somehow or the other biasness do occur, mainly when it comes to features like gender and age.
This is where algorithm aid selection and short listing enters in order to shortlist the best candidates for roles, jobs for freshers regardless of gender and age etc. That will help recruiters to can then focus more on carrying out higher level selection and by applying their instinct to select the right fit candidate for the job.
3. Applicants with Openwork thoughts
There was a time when people saw their job as a job for lifetime. Employees worked in companies for 10, 20, even 30+ years but that’s not the case today. By present standards, employees are due to a long-service award if they get to 3 or 4 years.
Nowadays, not only do people change companies frequently, but they also switch their job titles and roles also.
Because the employees themselves see no problem in this diverse perspective to work, Recruitment costs money, they do not want to invest in recruiting a candidate only to discover that he or she will leave the organization within few weeks or months.
4. Safeguarding
As job duration lasts shorter amounts of time and employees feel empowered to start new careers in new company or vertical which are not related to their previous job roles, safeguarding will become more paramount than ever before.
5. Recruitment for learning aspect
If companies select applicants based on their learning quotient and other talents, like creativity and eagerness to work hard, they will make a smooth workforce that can move laterally, diagonally and upwards to perform various kind of jobs in a company, so that task gets done immediately and with passion.
In upcoming years, the hiring industry like Seekruit might do skill assessment, job role assessment to find the right fit candidate.