There has been a seismic shift in the employment landscape over the last few years. This has also impacted the roles and functions recruitment agencies in such a way that only the best equipped can tap into the brightest pool of candidates for most sectors or industries. To ensure that your recruitment agency is positioned for success in today’s labour landscape, here are four things you should do.
Deploy best practices for recruiting Millennials
From SMEs to multinationals, a greater proportion of the clientele for any recruitment agency will always need new and younger generation of talent. Retaining the old methods of recruitment today, could mean missing out on top talents. In the past, probing interviews and stressful tests were deemed normal in most recruitment circles. However, modern-centric recruitment agencies now place more emphasis on ensuring a pleasurable candidate experience. The company or brand being represented is portrayed in good light as the perfect work place environment, without losing sight of the end goal which is to establish the competency of the individual.
To attract top talents in the millennial generation and those in the generation Z, modern recruitment agencies need to shake up their candidate sourcing process, the interview process, up to the background checks method to ensure a pleasant and user-friendly experience at every level.
Embrace Collaboration and Outsourcing
From recruitment finance to management of online presence, your recruitment agency can get closer to achieving set KPIs by working together with experts in various fields. A recruitment agency with a shabby online presence will most likely be ignored by bright prospects. Similarly, a recruitment agency struggling with finances may be unable to attract new business or launch concurrent recruitment drives.
Put Modern Technology to Good Use
It is common to hear fears about technology taking away jobs in various sectors including the Human Resources sector. However, top recruitment agencies are more concerned with looking for ways to combine technology and human intelligence to ensure better outcomes. Today, it is more cost-effective to hand over high-volume application reviews to artificial intelligence. Such technologies can also be used to provide aid for candidates taking part in a recruitment process (think chatbots).
When you use artificial intelligence to whittle down prospect lists to a manageable number, you can proceed to use human insight to make a decision on the suitability of the remaining candidates.
Use of AI can also come in handy to highlight ideal candidates to be approached for a job, even before the said candidates are out of their current roles.
Ensure GDPR Compliance
The General Data Protection Regulation (GDPR) came into law this year and mandates companies to better handle individuals’ data. Recruitment agencies are not left out of the equation as gathering data on employees and potential employees is the mainstay of the industry. Regardless of the size of your recruitment agency, improper handling of such data can lead to huge fines. Take the right steps to ensure compliance.