Leaders understand the importance of a reliable hiring process. But HR managers can become burned out when tasked with the monotony of job posting, resume combing, talent sourcing, and scheduling interviews. As a result, your previously reliable hiring strategy will suffer. What’s left is a clunky hiring process and missed opportunities.
Inefficiencies in the hiring process impact the productivity of your HR department, meaning you may risk losing out on top talent, especially in a highly competitive job market.
New technology can streamline the hiring experience, leaving more time for your HR department to find the right people. This allows for increased productivity, connection, and overall better hiring. Some fear that technology prevents us from connecting with new candidates. But when implemented efficiently, HR technology can promote deeper, more authentic interactions.
The recent pivot to a remote or hybrid workforce coupled with emerging technology has enabled automating of traditionally cumbersome hiring tasks. Let’s dive into how automation over the hiring lifecycle can enhance the experience for both employers and job seekers.
Job seekers have more bargaining power than before
Unlike the U.S., Canada hasn’t seen swaths of people leaving their jobs. Even with the lower churn rate, Canadian economists predict some turnover in the coming year. Companies that prepare for this with thoughtful, automated hiring platforms will have a leg up.
“People are more willing to change jobs now that the economy has reopened and vaccination rates have increased. It could also reflect pent-up demand for changing jobs. That is, some workers may have delayed looking for a different job while labour markets were weak earlier in the pandemic and when people were more concerned about the virus.”
Implementing more user-friendly hiring practices through automation can help set your company apart. Employers who understand the bargaining power of job seekers are a step ahead in attracting and retaining top talent.
The importance of a virtual interview and how to succeed
Human error risks passing on talent, while technology can prepare everyone for success. Think about this scenario: an interview went well, and both parties are excited to move forward. But the hiring manager is busy and doesn’t connect with the candidate for another two weeks. During this “black hole” of silence, they’ve found a new opportunity and are no longer interested in the position.
The hiring company has just missed an opportunity to recruit someone who may have been a great fit. This isn’t due to bad faith, but rather to a bottleneck in an inefficient system. Automation helps prevent this by screening, scheduling, and even hosting virtual interviews.
Automated hiring practices eliminate the barrier of human error. As companies shift to a fully remote hiring process, conducting a successful virtual interview is key.
Check out these steps for a full guide on conducting successful virtual interviews. Adopt automated hiring for the candidate experience lifecycle with the Indeed Hiring Platform. We get it—overthinking the implementation process is a common roadblock for companies that want to move towards a more tech-savvy approach. But you don’t have to get caught up in the execution.
Implement new technology with the idea that it will grow and evolve. It may not be 100% perfect, but as you implement new strategies, your business and hiring practices will propel you forward—attracting top talent and recruiting long-lasting employees.