Remember the olden days when potential candidates applied to a handful of jobs online and waited for a response? Remember in the stone ages when prospective hires mailed out paper copies of resumes and awaited a phone call or a letter? Well, according to an SHRM survey of over 1,500 talent acquisition professionals from 28 countries, COVID-19 accelerated a shift toward digital-first recruiting.
EBI has reported that the average corporate listing receives 100 to 250 resumes. But according to the Bureau of Labor Statistics, job seekers who received an interview only have a 36.89% chance of receiving an offer. They apply to jobs widely in a ‘spray and pray’ mentality. For recruiters, the challenge is no longer finding applicants but rather finding the right people in this barrage of resumes. And with virtual hiring likely being here to stay, perhaps it’s time recruiting adapted for today’s hiring culture.
Our Guest: Ben Green, Hirect
On the latest #WorkTrends podcast, I spoke with Ben Green, PR Manager for Hirect. With over a decade of experience in journalism, Ben now plays a key role for Hirect. A free, mobile chat-based hiring platform that instantly connects startups, founders, CEOs, and hiring managers with candidates interested in the growing startup sector.
When asked about virtual recruiting in the COVID era and the future of recruiting, Ben suggests that the virtual trend might be here to stay.
“With more remote work and work from home flexibility, they (recruiters) can attract talent from pretty much anywhere and connect with them instantly,” Ben says. “Everything can really be done online, uninterrupted, and I believe it’s the future of work and recruiting moving forward.”
For those with less time and resources to meet every candidate in person, virtual recruiting also makes the job much easier. But with so many different recruiting technologies out there, how can organizations choose the right one for them?
“There’s definitely several factors to consider,” Ben explains. “Tech versus non-tech, seniority, the position, scale, size of your team. All these things will determine what your budget is and what the tool ROI can be as well.”
The Big Benefits of Virtual Recruiting
There’s a lot of talk about bias right now. How does virtual recruiting help recruiters and hiring managers eliminate this from the hiring process?
“Ideally, the focus should always be primarily on candidates’ skills and experience, but really the true way to eliminate bias is through blind resume screens,” Ben says. “AI can certainly help with reading or grading applicants without taking into consideration a lot of the personal details and information.”
Beyond helping to eliminate bias, Ben feels that integrating technology and AI in recruiting has vast potential. It benefits both recruiters and job seekers, particularly from a filtering, searching, and matching standpoint.
“With the AI matching algorithms that we have at Hirect, the candidate pool can be narrowed down almost instantaneously based on any number of factors,” Ben explains. “For candidates, AI can help them wade through a lot of the irrelevant posts… and find ones that match their specific or unique criteria.”
But Ben is quick to point out that you can’t rely on AI alone to find the right applicants. Making sure you have a really granular job description and an interview process that encompasses certain skills is also key. And these often require a human touch – something Ben believes there will always be a need for.
“There’s really an art to the close,” Ben says. “Trying to relay a founder or a CEO’s passion or vision to really inspire a candidate to join a young business or a startup… That just can’t be replicated through technology.”
I hope you enjoy this #WorkTrends podcast, sponsored by Hirect. In case you missed it, you can listen to the podcast here. You can learn more about the future of recruiting by reaching out to Ben Green on LinkedIn.