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Talent Acquisition using Immersive Technologies

Talent acquisition using Immersive Tech? The time may have arrived!!

The global immersive technologies market size, which includes Augmented Reality (AR) and Virtual Reality (VR) is expected to zoom past US$180bn by 2022, as per a research conducted by an international technology M&A advisory firm Hampleton Partners. While the global market for VR technologies is likely to surpass US$17bn (up from US$2bn in 2016, growing at a CAGR of 44.5%), the AR market will witness a faster trajectory of growth to reach a size of US$161bn (up from US$4bn in 2016), growing by a massive CAGR of 85.4%. While the global gaming and entertainment industry is behind the surge in …
Talent Re-discovery

How Talent Re-discovery can save your time and costs

Have you ever tried to assess the RoI on your sourcing costs? Most probably your answer would be a ‘no’. Recruiting teams spend dollars while trying to create a resume pool/ talent pipeline but the majority are not very particular about the value-add on the monies spent. In all probability, it is because most organizations view sourcing as a part of the overall recruiting function and not as a separate function. Measuring performance  including financial is generally done on the overall process rather than at individual stages. The volume of resumes is a double-edged sword. On the one hand there …
Predictive Analytics in Recruitment

Making the case for Predictive Analytics in Recruitment

In one of our earlier blogs, we had started with the basics as to what constitutes data-driven recruitment, the potential pitfalls of a bad hire, the economic aspect of it and where does data-driven recruitment come in – not only as an enabler but also as an important value-add to the recruitment value chain. While a metric-based or a performance-centric approach can mark the initiation of a data-driven strategy in recruitment, research points out that the growing importance of the recruitment function at the strategic level calls for a well-defined strategy that finds resonance with the overall business objectives. In …
mobile recruiting

Is your hiring team geared up for Mobile Recruiting

Mobile recruiting, also known as on-the-go-recruiting brings together the best of user experience (UX) design, app functionalities, a mobile-first approach, instant communication systems and of course, recruting. The talent acquisition/recruitment industry has, like many other industries, been both impacted by the advent of newer technologies and has also been flexible in terms of adopting many of these technologies as they evolved. The staffing and recruitment space is not immune to the advances made in the ‘Digital’ space. In fact, a combination of market forces – competition, time to market, and the proliferation of digital-enabled devices such as tablets and mobile …
Candidate Experience

Candidate Experience is more about communication than processes

Candidate experience, also written as CandE is the net cumulative effect of a company’s talent acquisition process on applicants/job-seekers. It is defined in terms of applicant perception towards the employer as she moves through the different stages of the recruiting process – from sourcing, to screening, to interviewing, and finally on-boarding or rejection. It is a key cornerstone for measuring recruitment performance and is one of the most discussed talent acquisition topics today. Kimberley-Clark treats its candidates as an extension of its customers. One of the novel ideas adopted by the company involved improving the travel experience of the candidates …
AI and Recruitment

How Will AI Transform the Recruitment Process

AI technology is becoming an increasingly common component of modern businesses across a variety of fields. As more companies strive to outpace their competitors in efficiency and productivity, these digital tools will become an essential part of their corporate structure. One such field that is being impacted in particular by AI technology is human resources. In addition to automating lower-level tasks within HR departments in general, there are several ways in which the use of AI solutions can transform a company’s recruitment processes for the better. Finding better candidates AI technology that is capable of sifting through candidate pools can …