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talent pipeline strategy

Developing an effective talent pipeline strategy for the post-pandemic world

COVID-19 Impact on the Job Market The spread of COVID-19 has led to large-scale disruptions to the world’s economy, resulting in among other things, millions of job cuts. The impact has been across industries irrespective of their nature, size, and location of the business. The Services industry has been the hardest-hit; Hospitality, Travel & Tourism, Transportation are among the most affected. Brick & Mortar companies have also been laying off their workforce. The software industry, apart from a few large organizations which held on to its workforce for the first few months of the pandemic (e.g. Salesforce had pledged not …
Pandemic Impact in UK

Government Response & Initiatives To Manage Pandemic Impact – UK

Europe is facing one of the gravest challenges since theSecond World War and is one of the most affected regions globally with respect to the Pandemic. To safeguard economic interests and to lend a helping hand to those who have lost their jobs or have been furloughed, or for the businesses that are finding it hard to sustain, the Government has set in to motion several programs primarily for the UK Private Sector. This article enumerates the various programs that have been unveiled to counter the widespread effects of the economic slowdown. Job Retention Scheme The Coronavirus Job Retention Scheme …
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 …