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Disruptions in to Opportunities

Turning Disruptions in to Opportunities: UK Recruitment Industry Perspective

One of the key risks emerging out of the global COVID19 pandemic is the extent of potential disruptions to global supply chains. The direct bearing of this is on the demand and supply metrics across industry groups and business functions. The worrying part is, there is no vaccine currently available on the market and the possibility is none would be available in the immediate future – at least 5-6 months. The slack in demand, if prolonged can severely damage business models, forcing business outcomes which may be out of control. Studying the responses by companies the world over, bears out …
Virtual Interview Platforms

Virtual Interview Platforms as a Viable and Cost-Effective Tool

The ongoing COVID-19 pandemic is bringing about large-scale changes in business operations. Social distancing is the new norm and businesses are waking up to the idea of remote/virtual operations to manage certain aspects of their operations. The hiring sector is also going through its share of challenges – while some companies with global operations have put a temporary freeze on their recruitment operations, there are many others which are trying to develop a framework based on technology to ensure business continuity. One of the important aspects of recruitment is scheduling in-person interviews at least once during the hiring process, notably …
AI support in recruitment

Counting on AI Support in Recruitment

Artificial Intelligence in recruitment – A Case for automating tasks AI, within the scope of recruitment/HR functions is witnessing expansion to help streamline and/or automate high volume or repetitive tasks. It is also helping to minimize manual screening of resumes. This is just one application of the technology in recruitment. The major challenge for recruiters is screening of candidates from a large pool of talent. Manual screening is one of the most time-consuming functions; on an average, recruiters spend 13 hours per week to just to source candidates for one role, and expectedly, there are so many resumes that they …
Hiring Trends UK US during COVID

Hiring Trends in the UK and US during the COVID Pandemic

The COVID-19 pandemic has disrupted the global recruitment and staffing industry. Companies are no longer calling candidates to come for in-person interviews, preferring to conduct interviews using  virtual means such as video calling or live sessions instead.  Technology companies have taken the current crisis seriously and have displayed utmost concern for their employees. Companies have started to prepare for a post-COVID world where social distancing will hold sway for some time to come. Companies are exercising caution when it comes to recruiting; many are requesting  candidates’ travel history (both personal and official itinerary, if any) made in the past three …
Recruiting Data Privacy Laws

Recruiting in the Age of Stringent Data Privacy Laws

While analytics, decision-sciences and AI/ML-led automation have become mainstream technologies for virtually every major corporation today, and the smaller companies being at different stages of adoption ranging from assessment to blueprint to vendor selection or starting up with implementation, the focal point of discussion has shifted – to the ingredient that enables digital transformation; Data. Factors like competition, changing customer expectations, demand for more personalized digital journeys and market forces are determining the direction and urgency of an organization’s transformation needs. New technologies are often seen as disruptors; and serve as levers to drive innovation. Ethics as a competitive differentiator …
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 …