14th August 2024
The Recruitment Process Has Gone Digital
Maintaining a stable talent pipeline is essential for organizational success, especially as U.S. job openings remain high. With 39% of Fortune 500 CHROs planning to expand their workforce in 2024, organizations must adapt to technological advancements and shifts in the recruitment landscape. Successful recruitment now hinges on understanding online job seekers’ behaviors, refining digital strategies, and providing accurate job descriptions to attract top talent.
This article was written by Andy Kemp and published by Gallup.
Maintaining a stable talent pipeline for recruitment is crucial for any organization’s success. U.S. job openings rates remain historically elevated, and 39% of Fortune 500 CHROs projected that their companies would hire new people and expand their workforce in 2024. Technological advancements and the COVID-19 pandemic have shifted the recruiting landscape. To succeed, organizations must understand how recruiting has changed, refine their strategies to meet online job seekers’ expectations and behavior, and meet new standards for the recruitment process.
A Quarter of the Workforce Has Been Recruited Recently
About one in four U.S. employees (24%) have been recruited by another organization in the past three months, up from Gallup’s initial benchmark of 19% in 2015.
These elevated recruitment rates have held steady in recent years. Employees are just as likely to be recruited now as they were during the employee-friendly “great resignation” labor market of 2021. Despite market shifts, finding top talent to fill important positions remains a fundamental challenge and focus for business leaders.
To bolster their efforts, recruiters are increasingly turning to poaching employees, targeting workers from other organizations who are not actively looking or even watching for new job opportunities. These employees have a nearly one in five (19%) chance of being recruited within a three-month period, a 27% increase from 2015.
Online Recruiting Has Increased and Is More Effective Than Traditional Methods
The modern recruitment process has also moved more heavily into the digital space. Digital tools and increased adoption of hybrid and remote working arrangements have enabled organizations to contact more talent, and sought-after employees now have more options. Among U.S. employees recently recruited, 50% reported that organizations had learned about them through an online professional networking site, such as LinkedIn, up from 39% in 2015.
To continue reading the orignal article click here: The Recruitment Process Is More Digital Than Ever
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