Adding technology to your hiring techniques can help your business, says an annual global trends report from HireVue. Based on a survey of 1,600 hiring leaders from a range of industries around the world, the report found that companies that adopted technical hiring solutions report:
- Greater flexibility (54%)
- Time-saving benefits (54%)
- Easier to identify the best candidates (43%)
- Significant cost savings (42%)
Further, those companies that experience hiring success are more likely to make other changes:
- 57% of respondents introduced job-matching technologies to recruit both externally and internally.
- 37% shifted to a combination of both in-person and virtual interviews.
- 24% implemented technologies such as AI, chatbots and skills assessments.
The report also found that technology encourages diverse hiring practices (rather than hiring based on biased, “gut” decisions). Some of the changes implemented include:
- Adopting a skills-first approach (45%).
- Replacing resumes with skills-based assessments (33%).
- Dropping college degree requirements (16%).
- Prioritizing certification, rather than excluding candidates without degrees (18%).
- Sourcing qualified candidates from marginalized and overlooked work groups, including mature-aged workers (47%), undergrad workers (44%) and junior workers (38%).
Access the full “2022 Global Trends Report” at tinyurl.com/2p8mpjrx.
