Are You Ready for These Hiring Trends?

For most people, last year was an unusual year, full of uncertainty and transitions. Let’s face it: every Indian firm struggled to deal with the global pandemic, COVID-19. However, as we approached 2021, businesses saw a light at the end of the tunnel, with the economy restarting. Organizations have gradually but slowly begun to fill the seats that have been empty since the coronavirus epidemic. Amid all this commotion, a slew of trends has emerged in the recruitment sector recently. And, when firms move on with their hiring plans, new trends will emerge. Truth be told, it will be acutely interesting to see the emergence of new-age trends that will make recruitment a more process-driven activity. 

All that said, let’s dig deeper into the blog and learn the top three hiring trends anticipated in 2021 and beyond. 

Increased Use of Technology

Of late, the business world in India has increased the use of technology as well as data-driven processes. The same has even permeated into the hiring process. As a result, technologies like online recruitment software are now a crucial part of recruitment. Using data and analytics, businesses can gauge patterns and trends from resumes, applications, tests, and even candidates’ social media profiles. By studying this real-time information and comparing it with other candidates, companies will be in a stronger position to hire the best fit for the role.

Also, investing in any online recruitment software will not offer the desired outcomes. So, make sure that you choose the right system for your organization. 

Rise in Freelance & Gig Employment

There are several reasons for the rise in gig and freelance employment. One of the most important is the growth of the internet and digital technologies. This has made it easier for people to connect and work remotely. Additionally, it has made it easier for employers to find workers with the specific skills they need.

Another reason for the growth of gig and freelance work is the increased flexibility that workers are demanding. With the advent of the gig economy, workers are no longer tied to traditional 9-5 jobs. They can now choose when and where they want to work, and often have more control over their schedules. This is appealing to a lot of people, especially those who value work-life balance.

Finally, the gig economy is also being driven by a desire for more independence and autonomy among workers. In traditional employment relationships, workers often feel like they are beholden to their employers. However, in the gig economy, workers are typically their bosses. This can be appealing to people who want more control over their careers.

Overall, the rise in freelance and gig work is being driven by several factors. These include the growth of digital technologies, the increasing flexibility of workers, and the desire for more independence among employees. After technology, one of the most important trends in the job market is the rise of freelance and gig workers. According to a recent study, the gig economy in India will expand at a CAGR of 17 percent to touch USD 455 billion by the year 2023. There are a host of reasons for this hiring trend. Some of them are as follows:

• Freedom for remote working 
• Flexible working hours 
• The opportunity to discover and work in several fields at the same time

There are more but these are the top elements that have favored freelance and gig employment in the Indian corporate world. We are sure that this trend will continue to grow in the coming years as well. 

Leveraging Talent Directories For Talent Mobility

When it comes to internal talent mobility, we all know that it is not always possible, and as a result, some firms are forced to let go of their staff. In such cases, company-branded talent directories have emerged as a viable alternative. For those who are unfamiliar, talent directories are public-facing, searchable platforms that enable firms to boost the profiles of their highly active job seekers to match recruiting managers. Furthermore, these directories connect potential employers with people with specialized talents, which helps organizations find the best talent.