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Hiring Trends to Anticipate in 2016

As policy and social changes continue to spur business growth in Memphis, the job market is ripe for both companies and candidates alike. And, with any active market, changes are inevitable. While I don’t have a crystal ball for 2016, signs are pointing to a few hiring trends we could expect in the coming year:
Employers will rely less on job postings and, instead, utilize employee networks (via employee referral programs) to recruit new hires.
The traditional job posting is not dead; however, you may lose out on precious talent and time if you don’t think beyond that. Posting an open job is a must, but to solely rely on a qualified candidate to find it and respond might leave a hiring manager scratching his or her head. A great way to find your next great hire is to utilize your existing employee network by offering employee referral programs. These programs incentivize your employees to recommend people they know who are in the market. Many times, they know of someone who is searching for a career change, and your existing employees can be strong advocates for your company’s open positions. Creating updates for employees to post to their social media accounts (i.e. LinkedIn, Twitter, Facebook, etc.) is a great way to get the word out quickly.

Employers will save time and money by utilizing technology to interview candidates.
Flying candidates in for interviews can be very expensive. Thanks to technology (i.e. Skype, GoToMeeting, Google Hangouts, etc.), we are able to interview candidates face to face via video conferencing. More companies are adopting this practice as it not only allows for cost savings for the company, it is a huge time savings on the future employee’s end and cuts down on the application-to-hire process, allowing both sides to get back to work quickly.

Industry-specific networking groups will be considered a hot spot for finding new talent.
Companies can enjoy multiple benefits from joining industry-specific networking groups, including being surrounded by the best and brightest in the business. This is especially helpful for when you have a hiring need. Reaching out to the members of your association to see who may be in the market for a new career is a great way to find candidates for your open position.

Companies will adopt and promote a more flexible work schedule to recruit new talent.
Flex schedules and work-life balance are words that always perk employees’ ears. Companies are starting to understand that the standard two-week vacation allotment is not allowing for top productivity. It’s been shown that allowing employees to work remotely or allowing a flex schedule reduces employee burnout, as well as lowers childcare and commuting costs for employees, among other benefits. Therefore, employee morale, engagement and commitment to the organization increase, thus increasing employer appreciation and ultimately reducing turnover.
Jessica Van Eyck is an executive recruiter for Vaco Memphis.

Posted: 12/16/2015 7:30:00 AM | with 0 comments
Filed under: 2016, Business, Eyck, Hiring, Human, Jessica, Memphis, Resources, Small, Trends, Vaco, Van

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