As we move into the new year, many changes are happening with companies’ hiring practices. In some cases, hiring managers won’t even see your resume. Here are five hiring trends in 2018 you need to know about.
Apprenticeships Are Popular
Because Germany has been using apprenticeship programs to build its highly skilled workforce, the United States will follow suit. U.S. vocational schools, universities and organizations will begin implementing apprenticeships for manufacturing, trade and other high-skilled jobs. Benefits of apprenticeships include lower recruitment costs, increased productivity and reduced turnover. Also, because apprenticeships customize training to meet industry standards and increase safety, they may reduce workers’ compensation costs. Given the fact that Germany has a low unemployment rate due to a reliable pipeline of qualified workers, having apprenticeships in the United States may help reduce unemployment here as well.
Artificial Intelligence Assists with Hiring
AI and machine learning quickly analyze large amounts of data to make hiring decisions and predictions. HR can better define a job posting’s perfect candidate, find qualified workers in search pools and more quickly fill job openings. Companies like Unilever are using AI when hiring entry-level employees to increase diversity and decrease costs. This practice replaces collecting resumes, sending company representatives to universities or conducting phone interviews with candidates. When a candidate passes the AI screening process, they participate in an in-person job interview.
HR Takes a Team Approach
The new work model involves changing job roles and job descriptions, rethinking careers and internal mobility, and emphasizing skills and learning to measure employee performance. The model is also changing how leaders lead and how businesses set goals and reward employees. In addition, there is a greater focus on culture and engagement, delivering on-demand learning and helping departments share information to collaborate better.
Companies Focus on Employee Value Propositions
Because businesses are competing for smaller numbers of qualified candidates, companies need to communicate their top selling points for workers to work for them. A strong EVP represents pay, benefits, training, career development opportunities and other aspects that make a business attractive to workers and sets it apart from the competition.
Businesses Create Great Candidate Experiences
When candidates participate in a personalized and engaging recruitment process, they feel more connected with the company and are more likely to want to work there. Because a great candidate experience maintains open communication throughout the recruiting process, the candidate understands where they are and are less likely to decide to work for a competitor.
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