In fact, there has been more than one major shift in hiring in the past few years.
- The shift from in-person to virtual hiring
First, the shift from in-person to virtual that was accelerated by the pandemic is here to stay. It was already happening before the pandemic, but at that time, it was more of a ‘nice to have’ option, that quickly became a ‘must-have’ option due to social distancing.
What we found out is that virtual hiring is more efficient, more effective and with the right platform, extremely easy to execute. With Premier Virtual, the leading virtual hiring event platform, you can create your account, set up your event, and launch it all in a matter of minutes. Ideally, you want time to promote a virtual hiring event, but using the platform is not dependent only on hiring events.
An all-in-one virtual hiring platform like Premier Virtual is always on, and always open for your potential job candidates. You can leverage the platform 24/7 by creating virtual job boards, and virtual hiring rooms that never close. This gives your team, and your applicants the flexibility to research your company, apply and meet your recruiters.
With the built-in two-way scheduler, candidates can schedule time on a recruiter’s calendar, and recruiters can also request an interview with candidates they feel are a good match. Because the platform allows recruiters to search resumes, they can quickly find the talent they’re looking for. Recruiters can also view the video interviews that candidates can record as part of their profile to get a much better feel for the person, that you can’t get from reading a resume.
Virtual hiring has also led to virtual work which has exploded since the pandemic. Even with many companies insisting workers return to the office, the need and demand for virtual work remains. We project that employers who embrace this, and lead with this, will be much better positions to find and retain the top talent that prefer this style of work, and flexibility it offers.
We see national hiring events, that post positions with the description, ‘Anywhere, USA’ openings, or they group openings by time zones instead of specific office locations. Again, the companies that are embracing this approach and making remote part of their culture, are winning the talent wars.
- This shift to proactive hiring
Hiring remains one of the most difficult things companies have to do in order to remain competitive. The passive job market, although much larger than the active job market is often overlooked. Most companies are marketing themselves only to active job seekers, but every worker is a potential employee, if they know about your company and what you have to offer.
Strategies to consider that will keep your company in the hearts and minds of potential future employees include everything from being active in your community by supporting events and non-profits to creating a newsletter, blog or insightful podcasts.
If you are a tech company, and host mixers or meet-ups that are open to the public, you can attract passive job seekers that find value in your network. You may even create an in-formal networking group that helps its members connect and find meaningful work, even if it’s not at your company. The value you offer will give your company a competitive edge when it does have a position that meets that candidate’s skills.
Here again, virtual is a powerful tool since you can host virtual events and meet potential candidates. Creating a pipeline of talent is crucial to stay ahead of the labor crunch. A recent report shows hiring has slowed to 41 days on average, a number that was only 9 days in 2009. The cost to hire is also averaging at around $4,425, according to SHRM and If you want to be able to hire the best talent in the least amount of time, a professional pipeline is crucial.
We see that companies using virtual hiring events reducing time to hire to that 9–10-day period, which also comes with a dramatically reduced cost to hire, a win-win!
Have you made the shift?
Is your company still hiring in-person, only looking to fill jobs at the office, and not building a qualified pipeline of potential candidates?
If so, we can help you transition and leverage the tools available to make your company relevant in the job force and a place that is sought out, instead of the other way around. Schedule a free demo today to see how the Premier Virtual, all-in-one recruitment platform can position your company for hiring success.