The IT sector in recent times has got a favorable boost and job growth is prevalent in the market. Startups and companies both have seen an uptake in demand for IT skills. There is high demand of IT skills and a change in the
type of skills that are in demand today as compared to what it was earlier. A key force that has been shaping
the recruitment function is the old demand and supply balance. As the demand for different skills rises, their supply also changes. So, there is a shift in how recruitment function is looking at hiring the right candidates. It is no longer the case where you post a job and pray for a response. It is a more active conversation and recruiters have a lot more information available with them. Even candidates today are more aware of their options and they
know what they want. Millennials have a different approach to work and all that has changed how you build your recruitment strategies.
Role Of AI In Recruitment
Artificial Intelligence has enormous potential when it comes to recruiting. It should not be used to cut jobs, but to streamline, automate and transform a significant part of the recruiting workflow, especially the repetitive,
high-volume transactional tasks, which will make recruiters far more productive.
In the wake of rapid changes in business needs, workforce demographics, technology, lifestyle, and information technologies, the challenges for the Talent Acquisition function have grown manifold. To change constantly yet remain predictable, being agile yet showing long term benefits, customize yet standardized – these are some of the demands that are placed in front of the TA function. Balancing all these factors will prove to be a challenge for recruitment professionals.