SALT LAKE CITY, UTA, February 23, 2022 (GLOBE NEWSWIRE) – HireVue, the world leader in video-based interviews, assessments and recruitment tools, today announced the results of its annual report on global trends with key ideas as leading companies rely on technology to focus on an increasingly competitive job market.
The annual survey asked more than 1,600 hiring leaders in a variety of fields, including finance, retail, construction, healthcare and manufacturing, how they address current challenges and what changes they have experienced over the past year. Problem number one is still rapidly filling roles, and companies are leaning toward technical solutions to save money. Respondents who have adopted text and chat tools, approach skills and a combination of virtual and personal points of contact report:
54% feel more flexible54% say time-saving benefits 43% say it’s easier to identify better candidates 42% say they’ve saved a lot of money
“This year’s poll shows that standard problems (such as time to fill) are still a major concern, but factors beyond the control of any company, such as the Great Resignation and the Prolonged Pandemic, make them even more dire,” he said. Anthony Reynolds, CEO. HireVue. “However, it is encouraging that if you are deep in the data, companies address bottlenecks in talent through a sophisticated approach to technology combined with a constant priority of diversity and affiliation – these strategic decisions help respondents both in hiring and in retention.”
Hiring technology removes obstacles amid mass backlogs
When businesses start another year where flexibility is paramount, talent teams use all the tools at their disposal. Leaders who are more successful and more likely to meet hiring requirements have made the following changes in the last year alone:
57% have introduced job selection technologies for both external and internal recruitment37% have switched to a combination of personal and virtual interviews24% have introduced technologies such as artificial intelligence, chatbots and skills assessment
Despite the successful and widespread introduction of technology, approaches to hiring do not depend on productivity or skills of the candidate. More than a third (38%) of hiring teams say they continue to make hiring decisions based on instinct. Another third (31%) are hired on the basis of personal connections. This tactic does not create a fair or equitable hiring process, and moving away from subjective measures combined with the right tools will help companies find more qualified candidates as well as achieve DEI&B goals.
Companies that have given priority to DEI & B’s efforts have experienced lower turnover in 2021
By encouraging mobilization for change in diversity, equity, inclusion and belonging, talent leaders around the world are setting significant goals in 2021. Perhaps most significant in the context of insane staff turnover: companies with lower outflows report doing more to achieve DEI & B’s goals. Companies that put words into action also:
Focuses on reviewing how candidates are evaluated. These included adopting a skills approach (45%), replacing resumes with skills-based assessments (33%), waiving higher education requirements (16%) and prioritizing certification in training camps, rather than excluding candidates without degrees (18%) who have a qualification. candidates from marginalized and unnoticed working groups, including older workers (47%), students (44%) and junior workers (38%)
The 2022 Global Trends Report demonstrates how best-in-class hiring combines technology with a focus on equity. To access the full report, click here.
HireVue is a place where hiring takes place – changing the way organizations discover, attract and hire the best talent. Connecting companies and candidates anytime, anywhere, HireVue’s industry-leading end-to-end hiring platform offers video interviewing, evaluation and conversational AI. HireVue has conducted more than 26 million video interviews and 150 million clashes with chat candidates for more than 800 top customers worldwide.
HireVue social networks
Emma Fern HireVue email@example.com
Copyright 2022 GlobeNewswire, Inc.