The pandemic has turned life upside down. Going back to the way life was before the pandemic seems unlikely. Like most of the world, recruiters are learning new ways to do their jobs.
With the pandemic making face-to-face meetings and interviews less common, recruiters shifted to virtual recruiting technologies. Recruiters quickly adopted using video conferencing tools to replace the traditional in-person interviews and onboarding. Additionally, using these virtual recruiting technologies has helped attract remote candidates while increasing diversity, equity, and inclusion (DE&I) in the workforce.
Recruiting Trends In A Nutshell
LinkedIn conducted a recent survey of over 1,500 talent acquisition professionals from nearly 30 countries. The survey revealed important and emerging trends in the recruiting field over the last 18 months. The three emerging trends seen in the study are as follows:
Hybrid Hiring And A Hybrid Workforce
In 2020, recruiters quickly adopted using video software to conduct virtual interviews instead of in-person interviews and onboarding as part of their recruitment process. With companies adjusting to becoming both remote and in-office, more and more companies have become hybrid. By remaining hybrid, this has allowed companies and recruiters to expand the number of candidates for positions with the ability to look for candidates all over the country.
While virtual hiring practices were used before the pandemic, it wasn’t commonplace. Moving forward, virtual hiring is here to stay. This is true for industries and organizations worldwide.
About 70% of survey participants agree that a workforce that combines remote and onsite employees will become the norm. Moreover, hiring practices that combine virtual and in-person elements are going to become increasingly automated going forward.
However, humans are social beings. They require interactions with other people to thrive, and not everyone necessarily wants to work from home. Many jobs also require being in the office.
It’s safe to say that a hybrid workforce is here to stay.
Diversity, Equity, And Inclusion
Experts believe that a company’s diversity, equity, and inclusivity commitment determine the quality of candidates they attract. Because of this, many organizations have begun to promote diversity goals aggressively.
According to Dan Schawbel, a best-selling author and HR research advisory specialist, “This year, 70% of job seekers said they want to work for a company that demonstrates a commitment to diversity and inclusion.”
Almost 50% of talent professionals believe that hiring managers are not actively seeking a diverse selection of candidates. Because of this, it has become up to recruiters to remove arbitrary entrance hurdles like educational requirements from job qualifications.
Recruiters, including real estate executive recruiters, should advocate for diverse candidates. They must hold hiring managers to task for guiding those applicants through the hiring process. According to Mark Lobosco, vice president of talent solutions at LinkedIn, “Diversity is a business-critical imperative, and one that recruiting can lead.”
He adds, “recruiters must also play an important advisory role for the hiring managers they support. This could be through restructuring hiring processes to reduce bias, building diverse interview panels, and mandating data-driven reporting against diversity goals.” This is true for internal recruiters as well as external executive recruiters.
Recruiters can use increasingly sophisticated tools to eliminate bias while promoting equity in the workforce. Without geography limits, recruiters can help hiring managers build diverse teams.
New Skills Mean New Opportunities
Working from home has had its challenges for companies. Recruiters have had to study the evolving labor market and trends to provide hiring managers with the right candidate. Since March 2020, recruiters have had to re-learn hiring techniques. They had to adjust to the challenges the pandemic has presented.
According to a LinkedIn survey, the most important skill recruiters have learned during the pandemic is adaptability. Due to the difficulties recruiters have encountered during the pandemic, they’ve had to learn new skills to keep up with the changes quickly. Talent data clarification, employer band restructuring, and virtual process tweaking have all become new and invaluable skills.
We Network With A Purpose
The Newport Group is a leading executive recruiting firm with expertise in numerous industry verticals. We deploy proprietary data sets and meticulous processes to identify, recruit, place, and help retain blue-chip talent at leading companies nationwide. Turn the challenges ahead into competitive advantages alongside our help. Roles we’ve placed include Senior VP, VP of
Operations, Sr. Construction Manager, and Operations Manager Telecom, to name a few. Our team of recruiters is active in all sectors of real estate development, including production homebuilding, multifamily, commercial, retail, land, and asset, and property management. Construction verticals include commercial, civil, telecom, gas, power, pipeline, infrastructure, environmental consulting, and remediation. Ever strategic in our approach—we present talent that aligns with our client’s strategic objectives.