The employment sector is no exception to the rapid industrial disruption caused by technological developments over the previous two decades. Online classifieds like Monster and Craigslist came first. Next came sites like Indeed that compiled job listings from all over the web in one convenient location.
Every year brings changes to the staffing industry, from technological developments to the habits of job seekers to the emergence of new pandemics that need agencies to rely more heavily on distant recruiting.
We have identified the most pressing problems plaguing staffing agencies today, and each can be traced back to one or more of the causes above. In addition to these difficulties, we have also uncovered the trends that have arisen in response to them, and we have shown how the application of technology is helping to facilitate the effective and efficient resolution of these problems.
1. Insufficiencies in Available Skills
Finding a candidate with the ideal skills and experience in a crowded job market can be challenging.
Finding individuals with the proper abilities can feel like looking for a needle in a haystack due to a lack of specific skills needed for the position and excessive competition.
Looking ahead, we think reskilling or upskilling applicants who lack ideal certificates or skills but are otherwise a good fit for the organization is becoming increasingly crucial in hiring the best workers. Successfully filling a position requires finding people willing to learn and share the company’s values.
The right individual can acquire the necessary information. To locate the best applicant willing to learn and check the most boxes, and then train them to become the perfect fit for your current and future clients, consider finding the most excellent prospect willing to learn and looking for work.
2. Intense Rivalry
Competition has increased, and at a far quicker pace, because of technological advancements. In addition to the skills gap, many companies have trouble attracting and retaining top talent.
Differentiating oneself is crucial in today’s highly competitive market due to a shortage of talent and resources. Successful recruitment relies heavily on strong employer branding and outstanding candidate engagement. With always-on monitoring technology, recruiters may locate and contact the most desirable applicants in record time.
3. Lack of Speed
When it comes to making hires, time is of the essence. The average time it takes to hire a great candidate is 10 days.
You won’t last long in the recruitment business if you stick to the tried-and-true methods of yesteryear. Getting things done quickly and effectively is crucial. Recruiting top talent for available positions and showcasing your company’s success to customers are two tasks that require close collaboration.
Now, numerous staffing agencies cannot function without some form of automation.
4. Boosted Transparency
The lack of clarity in the process has always been a problem between clients and potential employees.
Half of all applicants don’t hear back from employers for two to three months (or more) after applying, per a G2 study.
That’s just awful business sense if you ask us. Maintaining open lines of contact with all applicants, whether they have been accepted or rejected, or are still under review, is crucial to the success of any organization.
Automated marketing sequences prompted by user behavior are the most effective response to this problem.
Trust may be established from the client’s perspective, and the hiring process can be expedited through collaboration and full access, making remote recruitment simpler. Clients can get real-time updates via video interviews and individualized reports generated by cloud-based tools.
5. Outdated Strategies
It’s risky to assume that the methods you’ve developed or are using will always be effective. Everything—society, culture, ethics, and so on—is constantly evolving. The way we take in data and process it is also growing. The best strategies are those that can adapt to changing conditions. The usage of technology bolsters the strategy.
