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5 types of HR automation tools for effective hiring process

With advanced technology at our fingertips, isn’t it only logical that this technology is used for HR automation so that some of these mundane and transactional tasks to a bot, freeing up the HR personnel to focus on more value-added tasks?

Technology has made huge inroads into our professional and personal lives.

And it is no wonder then that a department that hustles several transactional tasks, which are routine yet vital to the smooth running of the organization, is undergoing a major transformation with technology at the helm.

Right from recruiting skilled talent (quite a long-drawn-out process that one!), onboarding them, entering employee data into the payroll system and updating it regularly. As part of this transformation, many companies are also adopting online billing servicesto streamline their financial operations. These services help automate invoicing, payments, and expense tracking, reducing the administrative burden on HR and finance teams. Utilizing anaccurate paystub makerfurther enhances efficiency by ensuring precise and compliant payroll documentation.

Granting leaves, handling shifts, assisting employees with any documents they might need.

Preparing tons of recruiting reports to promote companies at job events, organize external/internal training for employees, gathering feedback from employees, managing internal communication with employees, the operational and functional tasks that come under the purview of Human Resources are rigorous.

From the above list of exhaustive tasks that every HR department is laden with, most rely very heavily on documentation and manual processing.

(Also read – How to begin your digital recruitment strategy)

5 types of HR automation tools

  1. Pre-Recruitment HR automation

    In this article, we will focus on one of HR’s most crucial functions — recruitment. Traditionally, this has been an area that demanded a considerable chunk of the HR department’s time and efforts.

    A majority of the Millenials are familiar with how recruitment was done before the advent of technology.

    It was not very long ago that most households with job aspirants were witness to a morning routine of the aforementioned character hunched over the morning’s newspaper, armed with a pen in hand circling a few of the many job postings in the classified section while sipping a cup of piping hot coffee.

    Once the job postings were selected, the next task was to send printed copies of their resumes in neatly addressed envelopes to the addresses mentioned in the postings or at times, personally go deliver it at the organization.

    The HR department of the organization, upon receiving this application would go through it and on finding it relevant, would forward it to the manager, who would take a call on whether to proceed with the particular applicant.

    While this picture looks simple enough, in reality, there is a stark difference.

    For instance, it was not just one or two such applications that the HR department would have to go through, but several hundred for each role advertised.

    Manually going through each and every one of these was hardly time efficient if not impractical. All that changed with the advent of technology.

    While newspapers still post job ads, most of the advertising happens online on career building network sites, forums, or other forms of social media.

    Job aspirants, too, are no longer hunched over their daily newspapers, but are constantly checking for notifications about their job applications ((among other things, of course!) on their phones or laptop (with the hunching intact).

  2. Post-recruitment HR automation

    Recruiters can now sift qualified candidate resumes and discover some gems in the process from the many networking sites and other sources.

    The ease of applying for a job that the internet has facilitated comes with another daunting challenge for the recruiter.

    Selecting the right candidate from a sea of qualified and skilled applicants would be akin to fishing with a handy little fishing rod (to take the analogy further)!

    Let’s take a look at some specific areas of recruitment where automation can assist the HR to make the entire process easier, faster, and better.

  3. Resume screening automation

    The task of manually filtering through scores of resumes to find the ideal candidate is a daunting one, with a recruiter spending on average 23 hours screening resumes for a single hire!

    Around 52 percent of talent acquisition leaders consider resume screening to be the hardest and most time-consuming part of recruitment.

    It is for this reason that recruiters are turning to technology that goes a long way to alleviate this burden. With the help of data-driven automation software and applicant tracking systems, companies are able to function efficiently even when faced with a barrage of resumes.

    This intelligent software empowers the HR team to screen a select few candidates who meet their requirements.

    However, many industry experts such as Lou Adler, CEO of Search and Training firm The Adler Group, believe that today’s prevalent technology is ‘still about weeding out the weak rather than finding the best’.

    Volume recruiters would beg to disagree since they consider these software invaluable tools that enable them to focus on more value-adding tasks.

  4. Talent assessment automation

    Manually keeping an applicant updated throughout the recruitment process is yet another one of those crucial yet challenging tasks that the HR team struggles with.

    Considering the importance job seekers place on being regularly updated (67 percent reported to have a positive impression of the company that gave them consistent updates according to data from CareerBuilder).

    What better way to communicate with the applicant in a consistent manner than to engage them in some important pre-qualification information pertaining to their location, compensation, intent, and special skills if any?

    Not only would this be helpful in understanding the candidate better, but it would also engage the candidate during the recruitment process.

    An intelligent chatbot can handle the task of asking repetitive questions to candidates, thus engaging the candidate as well as enabling the recruiter to focus on other tasks.

    (Also read – 5 reasons you should use talent assessment software)

  5. Interview process automation

    Interviewing a candidate to get the best out of him/her requires skill, tact, and intuition among other qualities, which an interviewer may not always be blessed with.

    How many times have we sat across an interviewer, wiping sticky sweat across our brows and upper lip (ughh…), under his agonizing gaze, trying to form coherent sentences that would make even our weaknesses look like our strengths!

    This is not to say that all interviews are disasters, but with human biases aplenty, understanding a candidate’s strengths and weaknesses, his/her passion is not an easy task.

    Automation can help recruiters immensely in this respect — recruitment interviews conducted in collaboration with digitized interview technology equipped to assess factors such as their word choices, speech patterns, and even facial expressions can help decide how well a candidate will fit the role.

    Apart from these benefits, automated recruitment software also empowers candidates to schedule interviews as per their convenience at home or a venue of their choice.

    (Also read- How to improve your recruitment process using skill assessment)

HR automation software, a necessity?

As discussed above, automation of certain processes pertaining to resume screening, pre-qualification, and interviews make the entire process efficient and provide a positive experience to the candidate as well.

According to Ideal, a virtual recruitment assistant, a great example of HR automation aiding in recruitment is the iconic British clothing retailer M&S, who created over 35,000 job vacancies by automating the entire process, manually supported only by two human touch points making it an extremely efficient process and garnering a whopping 98% rating from its users!

Apart from providing a positive experience to the candidate, technology is helping recruiters with their administrative burden drastically.

With an ever-increasing hiring volume (56 percent according to a survey of talent acquisition leaders) but with 66 percent of recruitment teams remaining the same size, automation can help ease the burden on HR personnel.

(Also read – What are common mistakes in tech hiring)

Recent studies have revealed that some of the best-in-class recruitment practices involve reaching out to candidates long before they apply (or even sense the need for a job change) for the position.

More and more organizations are opting to engage and educate potential talent about the opportunities they offer, a paradigm shift from a traditional recruiter to a strategic one that follows proactive recruiting.

According to Aptitude Research partners, a Boston-based analyst, and advisory firm, this strategic shift is also resulting in close to 70 percent of enterprise companies investing in these functions.

This transformation of HR from an administrative facilitator to a strategic partner has been made possible thanks to a technological collaboration.

Boon for some, bane for others, it is imperative to understand that automation, when strategically applied to one’s recruitment process, can yield significant results.

Automate your hiring process using HackerEarth’s Talent Assessment Software

Hiring and recruitment challenges in Japan

For various reasons, powerful companies in Japan home to amazingly advanced technology and manufacturing capabilities in several industries have failed to become as global as their peers overseas.

One of the challenges in achieving their globalization goals is their inadequate talent management strategy.

Like everywhere, Japanese HR professionals are trying to do justice to everything from recruiting to engaging to retaining talent in everchanging competitive markets to help organizations remain innovative.

What’s stopping businesses in Japan from moving forward

  • Traditional hiring practices

White-collar recruiting typically begins at the graduate level, where companies ready promising students from prestigious universities for “lifelong employment.”

In this “Shinotsu” culture, new graduates are recruited systematically every April based on their ambition, communication skills, and character.

Unfortunately, these fresh hires come with no specific job skills. According to a 2015 Robert Walters survey, nearly 50% of the employers had difficulty finding candidates with the required technical knowledge.

Firms then lack the flexibility to adapt to the changing requirements, and the training period to get them to work ready can be time-intensive.

Job positions are usually filled by internal candidates.

For recruiters, when there is a lack of adequate domestic talent, hiring foreign workers is not seen as an attractive option by most companies. (But this is changing!)

  • Rigid business practices

The Japanese “Tateshakai,” or vertical society, age, and seniority are sacrosanct. This can be demotivating for young, creative employees who also can’t get ahead based on skill alone.

Personal desires have no place in the traditional workplace where conformity, teamwork, and loyalty are all important attributes.

The egalitarian compensation companies and tenure-based promotion are not quite enough for the newer generation. Furthermore, social alienation and fear of failure prevent many young workers from becoming the entrepreneurs they would like to be.

For recruiters contacting potential employees can be difficult as “individual ambition” is frowned upon and the stigma of disloyalty is a huge barrier.

Most companies follow a job rotation/multi-tasking system that ends up producing generalists rather than specialists.

  • Dwindling and inadequate talent pool

The same survey showed that 72% of Japanese companies have been affected by talent shortages. Companies will suffer when looking for talent in emerging technologies such as artificial intelligence, self-driving technology, financial planning analysis, and web analytics.

The Hays 2016 Global Skills Index showed a significant talent mismatch in Japan (with a score of just 9.8) resulting in “wage pressure in high-skill occupations and talent shortage.”

A shrinking workforce, low birth rate, lack of creative confidence, and the inability to communicate fluently in English have contributed to a labor squeeze hampering economic development.

The current labor force in several sectors is quite ill-equipped to deal with the pressures of competition and globalization. In jobs which require employees to be bilingual, there are few candidates to choose from.

(This will an urgent need as Japan gets closer to the 2020 Tokyo Olympics and 2019 Rugby World Cup.)

  • Cultural impact

An intensely private people, the Japanese show very little engagement on social sites such as LinkedIn (less than 1% of the population is on it!).

However, sites such as Twitter, Facebook, and YouTube which offer anonymity have more success. Then again, for contacting them this becomes a challenge.

For recruiters, sourcing and attracting talent are significantly impacted by cultural factors. Apart from privacy and confidentiality issues, winning employees’ trust and convincing them to change jobs can be daunting.

Company culture favors recruitment of qualified candidates via referrals, and job advertisements typically have poor response rates in Japan.

For companies that don’t command strong brand reputation, attracting a candidate is not easy.

In Japan, changing jobs is an important decision and often candidates need time to speak with families before accepting an offer.

This can be frustrating for hiring professionals.

How the HR function can reassess its recruitment strategies

In the last decade, Japanese companies have been rigorously rethinking their hiring practices and revamping the traditional talent management system to deal with the changing economic environment.

To boost its innovative culture, social norms are now shifting to become more supportive of a vibrant startup ecosystem.

HR professionals understand that the values, both business and social, which were once dominant are no longer on the front burner.

Let’s look at some of the new recruitment approaches of talent acquisition professionals in Japan companies:

  • Embracing diversity

With its working population decreasing, Japan is embracing diversity and inclusion to meet the goal of sustainable economic growth. In light of Abe’s “womenomics,” HR professionals in firms such as Daiwa Securities Group Inc. are working to boost women involvement and mobilize the elderly population by modifying policies; examples include providing childcare and flexible work arrangements and initiating executive leadership training programs for women.

For example, Snack food maker Calbee Inc. had 20% women managers in 2014 compared to 5.9% in 2009. In a bid to improve diversity, the company also had the drive to recruit people who graduated five years ago.

There are more than two jobs for every job applicant in Tokyo.

The talent shortage is worse in smaller companies. However, rigid hiring practices are changing; HR is considering foreigners (and bots).

In 2017, Japan had over a million foreign workers. Japanese HR are also stepping up mid-career hiring efforts to fill positions.

  • Creating a global rotation system

Japanese firms are slowly moving toward global HR practices.

Companies such as Shiseido, Komatsu, Nissan, and Sony send top executives for an international stint to broaden their experience and skill set.

HR can ensure training of core employees to successfully function globally, be comfortable in cross-cultural settings, and be able to make sensible, management decisions independently.

For foreign ops, employees hired locally also need to be given career advancement and rotational opportunities and not just left to higher management, which is mostly Japanese.

  • Doing more than recruiting and internal placement

Traditional HR philosophies are not helping to manage a younger or diverse workforce.

HR can enforce policies where Japanese employees are required to communicate with foreign co-workers in English (as Mitsubishi Corp. does). HR should identify employees (regardless of their nationality) who can be pushed for global executive training and deployed overseas.

HR needs to create a compelling employer brand to attract the right talent. A Gallup survey shows that Japan has a really low (7%) percentage of engaged people.

HR professionals must address issues such as long working hours, low take-home pay, rigid corporate culture, seniority-based promotion, harassment, and unfair reward systems to reduce disengagement.

Long-term engagement will result in more actively engaged employees, lower attrition, and better productivity due to increased motivation.

The current business landscape in Japan

Japan's business landscape is marked by a blend of traditional practices and modern challenges. Despite being a global leader in technology and manufacturing, Japanese firms often struggle with globalization due to rigid hiring practices and a conservative business culture. The traditional "Shinotsu" recruitment system, focusing on hiring fresh graduates for lifelong employment, poses challenges in acquiring specialized skills quickly. Additionally, the vertical societal structure ("Tateshakai") impacts workplace dynamics, often stifling young, innovative talent.

Japan also faces demographic challenges like an aging population and low birth rates, which exacerbate talent shortages, especially in emerging technologies. While there's a gradual shift towards more inclusive and diverse hiring practices, including mid-career hiring and increased women's participation, the transition is slow. These factors collectively create a unique business environment in Japan, requiring innovative strategies to navigate successfully.

How HackerEarth can make your talent search easier in Japan?

HackerEarth offers solutions that can significantly ease the talent search in Japan's unique business environment. By leveraging its comprehensive suite of technical assessment and remote interviewing tools, HackerEarth can help Japanese companies overcome traditional recruitment barriers.

For instance, HackerEarth's platform can assist in identifying highly skilled candidates regardless of their educational background, which is particularly valuable in a market dominated by the "Shinotsu" system. Its skill-based assessments and coding tests allow companies to focus on practical skills rather than just academic pedigree. This approach is beneficial for identifying talent in emerging technologies, where there's a current shortage in Japan.

Furthermore, HackerEarth's platform supports diversity in hiring, enabling companies to tap into a broader talent pool, including mid-career professionals and underrepresented groups. This aligns well with the changing dynamics in Japan's workforce. Additionally, its user-friendly interface and efficient screening process make it easier for companies to adapt to global HR practices, facilitating a smoother transition into modern recruitment methodologies.

Conclusion

HR has to work with the business leaders to ensure the success of their initiatives—flexibility, skill-based recognition, self-development, challenging work opportunities, social projects, strong language skills, diversity, candidate experience, and individual enterprise.

Japan has gone from being a seller’s market to a buyer’s one. Potential recruits are asking more questions and are more focused on individual career advancement than before.

Source: Japan Today

“Recruitment today is about processes, technology, and people who represent your brand and messages on your behalf,” says Lanis Yarzab, VP Asia–Pacific operations, Pontoon Solutions.

HR need to actively build an attractive employee brand and showcase the company culture via social channels to ensure that a consistent, positive message is delivered.

Japanese companies are ripe for the automation of the recruitment processes such as screening and some unbiased, skill-specific hiring which can leave the HR to deal with more value-adding services.

Instead of developing talent (not buying) or leveraging internal talent through job rotation, HR needs to use tools for objective assessment and do some strategic workforce planning if organizations are to stay innovative.

Hire talent in your organization with HackerEarth Recruit. Be unbiased.

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5 reasons why China is growing so fast

#DidYouKnow: China, and not US, added the maximum number of billionaires in the global economy in 2016. The country’s contribution stands at 67, that’s one billionaire every 5th day!

Majorly due to China’s contribution, Asia (637 billionaires) has superseded US (538 billionaires) in the total number of billionaires per continent.

Currently, the US has a higher concentration of billionaire wealth but Asia will overtake in three to four years. According to reports, the major driver in Asia’s progress in technology.

#DidYouKnow: Tesla fired its workers in the US but is rigorously looking out for 500 recruits in China.

Tesla is looking at manufacturing its cars in China, and not just this, the brand has taken an ambitious project of doubling the number of stores in China in near future.

The country contributes to one-seventh of the net revenue of Tesla despite the prices being 50% higher than in the US. Also, Tesla is poised to kickstart its biggest charging station in the world in Shanghai.

This makes us take a closer look at China and it’s economy’s dynamics.

Despite being a closed economy and plagued with language barriers, China has managed to pull off its position as a global innovation and manufacturing hub.

It is not just standing at par with global giants but is also beating them at their own game. It’s attracting the manufacturers and the best talent.

5 Reasons why China is growing so fast

  • Relaxation of permanent-residence requirements and other government support

Firstly, a lot of credit for this development goes to the relaxation of permanent-residence requirements and other government support provided to individuals and organizations alike.

The Chinese government put into effect some twenty measures on March 1, 2016, to attract managerial-level professionals, Chinese born abroad, entrepreneurs, fresh graduates of foreign origin.

Other than this, the Chinese 3.0 leadership, as we call it, is emphasizing the importance of creating new growth drivers that will eventually take over the older economy issues.

This is clearly visible in various industry initiatives of China, they are now even giving implicit approval to foreign investment in technology.

This has been seen over time and also in industry initiatives like the implicit approval for foreign investment in technology.

Chinese entrepreneurs are keen on hiring overseas staff as it helps them build stronger links between international markets and Chinese companies.

From common entrepreneurs to Nobel Laureates, China is becoming a preferred destination for business ideas.

  • Promoting a ‘revolving door’ policy

Secondly, China is following the USA’s suite of promoting a ‘revolving door’ policy in the political landscape to encourage a seamless exchange of thoughts and ideas between the government and non-government bodies.

In the US, the think tank staff often engages in government services, and, similarly, former government officials ‘revolve’to replace these think tanks in their organization.

This has been extremely effective in driving technology and business growth in the US. China, on the other hand, had the ‘revolving door’ culture but only partially, it only saw former government employees joining think tanks but never the reverse.

But in the current scenario, the Chinese president, Xi Jinping’s initiatives are bringing a change. In the last two years, he has continuously worked on developing the Chinese think tanks.

In one of his speeches in April 2016, he even talked about the readiness of the Chinese government in recruiting party leadership from the think tank community.

This has lead to a fresh wave of appreciation among the think tank community and their will to stay and promote the Chinese business landscape and as a major reason why China is growing so fast.

  • China is attracting talent and businesses from the world.

Thirdly, China is sending out a clear message that it’s on a rigorous reformative mission. The Chinese economy has grown at a faster pace than the global markets.

China’s three-step development strategy which it opted for a way back in 1980 aimed to quadruple its gross national product by the end of the 20th century.

Successful execution of this policy has not just put China at par with the global economies but has left the country with surplus resources and products to share with the world.

In its quest for development, China is attracting talent and businesses from the world.

Success to why China is growing so fast can be explained by what a young entrepreneur, Nils Pihl has to say about the country’s support system for foreign nationals.

“Beijing offered us cheap housing and food, a network of experienced mentors that were happy to take the time to help, steady access to some of the world’s greatest engineering talent at a sixth of the cost of a junior engineer in Silicon Valley and access to a vast market of clients.”

Nils Pihl, originally from Sweden, tried his luck in the Silicon Valley and the New York and then finally moved to Beijing to set up a tech startup.

There are enough examples of such young minds from developed and developing nations who are ready to make China their home.

A policy like this is helping the country encourage the exchange of ideas among its youth.

Chinese youngsters, despite the language barrier, are getting exposed to global trends and are building products for international markets.

  • Improved the quality of life of the citizens

Fourthly, China is not just focusing on rapid development but it’s also keen on improving the quality of life of the citizens and countering issues such as wealth gap and pollution.

In a recent speech, President Xi Jinping directed the global giants operating in China to work on employee welfare and ensure better living standards for them.

Over the years, global players such as Intel, Ford, and others have banked on the advantage of being a good corporate citizen and have shared knowledge with local citizens via research centers and startup engagement.

“Multinationals and local companies will need to cope with this agenda of more balanced growth and the focus on the quality of life,” said Weiwen Han, Greater China managing partner for Bain & Co. in Shanghai. He further added, “When they look at China as an opportunity, they cannot seek growth as the primary target.”

Taking a cue from the president’s move, Starbucks Corp., the global coffee brand that has more than 2,800 outlets in China has committed to provide health insurance that covers not just them and their spouse but also their parents.

Other than this, the massive outrage against rising pollution has opened an opportunity for electric carmakers such as Tesla and Anhui Zotye Automobile Co. to push for business expansion.

Even traditional auto manufacturers such as Ford are now talking about venturing into the hybrid cars space.

  • Relaxed the rules for Foreign Direct Investment and global partnerships

Lastly, China with its vast population and high rate of smartphone and social media penetration gives enough data for analysis for the companies.

Technology leaders are banking on Big Data generated to feed algorithms and identify trends. These trends will go a long way in defining customer personalization for the brands.

Also, the Chinese government has now relaxed the rules for Foreign Direct Investment and global partnerships, making it an attractive venue for business. (Also read – Hiring and recruitment challenges in Japan)

China is laying strong emphasis on compassionate capitalism and is changing the rules of business globally. They are ensuring that they attract enough talent from the globe and at the same time build new opportunities for their own.

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PS: For more such insights on tech recruitment, we invite you to join our LinkedIn group - "Yours Truly HR"

How can mathematics make you a better recruiter!

Hiring the right talent is crucial to any organization’s growth and success. “By implementing recruiting best practices and supporting technology, you can potentially reduce your time to hire by up to 50 percent, reduce cost per hire by up to 70 percent, and improve recruiter efficiency while finding the talent you need for driving business results.”1

Companies try everything from recruiting agencies to job boards to employee referrals to social media. But the efficacy of these approaches can be often debatable. But that’s a post for another day.

Here, we bring you some sure-fire concepts that will boost hiring efficiency.

Did you say mathematics?

Yes, you read it right. Mathematics! Perhaps the most hated subject ever, math can help recruiters solve one of the most prominent problems they face while trying to zero in on great talent.

Let’s see how exactly it helps.

How many candidates should you interview before making a decision to hire? Imagine a situation where you have a hundred applicants for a position. The problem is that neither will you interview just one candidate nor will you interview all hundred. The dilemma is not whom to pick but how many to even consider before you hire (or you give up).

The most intuitive answer would be that it requires a balance between looking and leaping - that you must look at enough candidates to build a standard and decide on whatever satisfies the established standard. This looks like the perfect answer but here is the catch. Most people can’t say what this standard or balance should be. Luckily, mathematics comes to your rescue and provides the answer. Optimal Stopping Theory...

It is an idea “that every decision is a decision to stop what you are going to make a decision.”2 The theory suggests that you should reject the initial 37% of all the applicants and hire only after that. After this point, you should select the next applicant who is better than all candidates you interviewed before the cutoff. This is not intuition or a compromise between looking and leaping. It is a probable result.



Here look at this example if you have five weeks to choose a primary contractor. You could expect to see possibly four a week; that is an anticipated total of 20 suppliers. If you selected normally and selected the first ‘good enough’ option, the probability of finding the optimum supplier is just 5%. However, if you rejected the first 37% suppliers, in this case, 18 suppliers, and then selected the next supplier that was better than all the previous suppliers, then your odds of selecting the optimum supplier would increase to 40% (For the more curious people, go here to read about the famous example, the Secretary problem.)

This is just one of the mathematical theories that can help recruiters. To list a few more, there is Negativity Threshold which can help you identify the candidates that are inconsistent in their interview answers or are withholding information. Negativity Threshold was presented by Hannah Fry in her TED talk “The Mathematics of Love.” It was coined by John Gottman by observing how couples interact with each other.

The equations look something like this:

Mathematics, Recruiter, Mathematics in hiring, mathematics example, Recruitment, Hiring, Mathematics in recruitment

The left-hand side of the equation tells how positive or negative a wife/husband will be in the next thing she/he says. Here, w is the mood of the wife in general, r_w.W_t is the mood of the wife when she’s with her husband and I_(HM) is the influence that her husband’s actions will have on her. Researchers have plotted the effects the two partners have on each other. The plot looks as follows:

Mathematics, Recruiter, Mathematics in hiring, mathematics example, Recruitment, Hiring, Mathematics in recruitment

Here, the term T_ is the negativity threshold. At this point, the husband’s negative impact becomes so high that the wife responds with more negativity. To know more about this theory you can watch [ted talk link] or read this.

The negativity threshold suggests you be upfront about any issues and get all sorts of concerns out in open to avoid issues further down the line.

Another interesting equation that is worth looking at is The Drake Equation. The equation was conceived in 1961 by Dr. Frank Drake in an attempt to find the number of potential extraterrestrial bodies with life in the universe. He took something extremely complex and daunting and broke it down into something easy to understand. The Drake equation looks something like this:
N = R*•fp• ne• fl• fi• fc• L

The equation involves various factors such as the average rate of star formation in our galaxy, the fraction of stars that have formed planets, and much more which we will not get into. But, what how does this apply to hiring practices? A very obvious similarity is that both use data to pinpoint something or “someone” out there.

An important step in hiring candidates is determining the business factors your company wants to improve, says Emilio J. Castilla, Nanyang Technological University professor of management at the MIT Sloan School of Management. Determining these factors brings clarity to the business and helps everyone understand their roles. For instance, there is something called Sales Velocity, defined as:
Sales Velocity = Work In Progress ? Win Rate ? Avg. Deal Size ÷ Time Taken To Close

This equation does not help in identifying the top performers but also helps in determining the areas where an individual needs to improve. Drake’s theory is extremely useful when it comes to bringing order to a chaotic world.

Although most of the recruiting process is often dominated by emotion, mathematics is the one subject which can be applied everywhere, even hiring, without this particular bias.

Can you math enthusiasts think of any more? Let us know in Comments.

& for some of you who are super busy or are less inclined to "appreciating" math concepts, let us do the work for you.

Take a free trial for our Online Assessment software to hire the best mathematician (or developers) in your talent pipeline

Best Talent Assessment Tools for Human Resource 2024

“The human workforce is valued at $ 1.2 quadrillion, compared to $ 521 trillion value of physical Assets,”

says Korn Ferry, an executive search, and recruiting firm. With such value being placed on people, resources that typically appreciate over time, there really is little need to underline the need for top quality talent if organizations hope to walk confidently into the future.

We couldn’t agree more.

Changing perceptions and technological advances have redefined the role of Human Resources. In the realm of talent management, HR is no longer confined to tasks such as screening, interviewing, and hiring candidates. HR Managers are transforming into Talent Acquisition Managers, Happiness Officers, People’s Operation Managers, and a lot more. They have now become the harbingers of change in dynamic business models.

What is a talent assessment tool?

A talent assessment tool is a software application used by HR professionals to evaluate candidates’ skills, abilities, and potential for specific job roles. These tools use various methods, such as psychometric tests, cognitive assessments, and skills evaluations, to provide a comprehensive understanding of a candidate’s qualifications.

Talent assessment tools use data-driven insights to help organizations make informed hiring decisions, identify high-potential employees, and tailor development programs. They enhance the recruitment process, ensuring a better match between job requirements and candidate capabilities, ultimately leading to improved organizational performance.

What challenges do they need to overcome?

“Human resources are like natural resources; they’re often buried deep. You have to go looking for them, they’re not just lying around on the surface. You have to create the circumstances where they show themselves.” (Ken Robinson)

When it comes to talent acquisition, be it a Fortune 500 company or a startup, their hiring concerns are quite similar. Apart from struggling to find skilled, committed workers, they have to deal with so much more. One in four candidates complaints about bad recruiting experiences and that hampers the brand image considerably. With companies like PepsiCo adopting location-free work arrangements to retain talent and companies like Panasonic touting ‘Learn, Live, Achieve’ as their core philosophy, job seekers now demand a better recruitment experience. The HR personnel is expected to make this happen and deal with any fallout. (Read: 7 ways recruiters can increase the offer to joining ratio & avoid drop off)

Instead of leaving you to wonder how you can get the most suitable talent for the job roles you advertise, we’ve got a near-perfect solution for you. Switch to a talent assessment tool that can resolve the fundamental concerns of managing volumes of applicants while ensuring you shortlist the right technical candidates.

Why are talent management tool important for human resource?

Newspaper advertisements and paper-based job applications are a thing of past. Brick-and-mortar offices are changing into work-from-anytime-anywhere business models. You no longer have tons of skilled candidates, and struggles of ‘talent hunts’ are real. Millennials are the “new adventure” for HR managers as they don’t often stick to a place for long anymore. Employees now demand real-time feedback and innovative recruitment campaigns.

These changes need new kinds of approaches, out-of-the-box thinking, and more. This shift in the role of HR has compelled the industry to think of technology solutions that not only help HR managers understand the right skill set easily but also help them retain and encourage the right resources while ensuring candidates enjoy personalized experiences and regular constructive feedback.

For example, to deal with a deluge of applicants and find the brightest software developer, Microsoft included a small test at the time of application. Those who had the requisite know-how and a mathematical bent of mind easily cracked a cryptic phone number in the test and were shortlisted for further rounds. A gamification of this sort increased the volume of quality candidates and helped the company reject candidates with a concrete reason, hinting at a scope for improvement.

Talent assessment tools track the applicants through their performance on a coding platform like HackerEarth and other sources and help the HR to build a personalized experience for the candidates based on their performance in each challenge they have participated. This includes mapping their journey from the time they apply for a job to their joining and service with the company.

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When do you need a talent assessment tool?

More than 60% millennials believe in proper background research on organizations and the job roles they’re applying for.

HR has to make the company look good. Negative reviews can do serious damage.

This has made the job of HR managers tougher. The one-shoe-fits-all approach needs to change and they’re now responsible for painting a better picture of the organization and ensure complete transparency.

To showcase the best of company culture, Twitter did a “Join the Flock”recruitment campaign. It was a hack week for employees as they were challenged to make the best/worst recruiting video. The campaign culminated in a video that featured the company CEO, Dick Costolo, who shared the hiring information and at the same time mocked the outdated workplace and their training material. A campaign of this sort leads to better employee engagement and also gets the message across interestingly.

Managers can no longer reject candidates without giving them concrete answers. Talent management assessment tools, empowered with predictive and prescriptive analytics, empower HR with the right recommendations to aid decision-making while selecting candidates.

How do you find the best talent assessment tool?

That’s a tricky question. HR personnel is constantly dealing with the dilemma of deciding to buy a tool or develop it in-house. Most of the time, the latter case gets ruled out due to limited technical knowledge in HR departments. The right approach is to rely on experts with proven experience in the HR-tech domain. It’s important to hire vendors who understand your business models and the needs of the job profiles.

Tools using Machine Learning and BigData Analytics are considered better and more reliable as compared to tools which lack data analysis and in depth candidate report. Organisations can use Social Media Analytics and other forms of data analysis to get an in-depth knowledge of candidate behavior. These tools give you solutions like work samples and simulations, cognitive ability tests, personality, or conscientiousness tests, structured interviews, unstructured interviews and a lot more effective forms of candidate examination. (Read: How to pick right assessment tool?)

5 best talent assessment tools

  1. HackerEarth HackerEarth is a comprehensive coding assessment platform that helps organizations identify and evaluate technical talent through coding challenges, hackathons, and real-world projects. Its user-friendly interface and robust features make it a popular choice for both recruitment and employee development. The platform offers automated grading, anti-cheating measures, and detailed analytics, ensuring accurate and fair assessments. Additionally, it provides real-world projects that simulate on-the-job tasks, helping to assess practical skills and problem-solving abilities.
  2. Criteria Corp Criteria Corp offers a wide range of pre-employment tests designed to measure cognitive aptitude, personality, and skills. Their scientifically validated assessments help organizations predict job performance and ensure a good fit between candidates and roles. The platform’s user-friendly interface and detailed reporting make it a valuable tool for HR professionals.
  3. SHL SHL provides a variety of talent assessment solutions, including cognitive ability tests, personality assessments, and situational judgment tests. Their tools are backed by extensive research and are used globally to improve hiring decisions, identify high-potential employees, and support talent development initiatives.
  4. iMocha iMocha is an advanced skills assessment platform that offers a wide range of tests covering technical, cognitive, and soft skills. It features an AI-powered proctoring system, automated grading, and detailed analytics to ensure comprehensive and unbiased assessments. The platform supports over 500 skill assessments, making it versatile for various industries.
  5. Mettl Mettl is a robust online assessment platform that provides a suite of tools for pre-employment testing, employee development, and certification. It offers customizable assessments, real-time proctoring, and detailed reporting. Mettl’s platform is highly scalable and supports a wide range of assessment types, including cognitive, technical, and behavioral tests.

How do HR analytics technologies help?

According to PwC’s Global HR Tech survey 2017, only 14% employers are very satisfied with the HR analytics technologies they have on board. This throws open massive opportunities for HR managers and domain experts to come up with viable solutions for talent management. Here are a few recommendations to improve your HR technology support and planned implementations.

  • Draft a report which gives insights beyond basic operational and compliance statistics
  • Do not be afraid to integrate data from external resources
  • Select the right metrics and Key Performance Indicators (KPIs) and place them in easy to understand dashboards
  • Invest in applying Big Data concepts
  • Leverage Cloud Technology to safeguard data for predictive and prescriptive analytics
  • Increase the use of analytics and data-driven decisions

What are the benefits of talent assessment tools?

Like we said earlier, talent assessment tools are the need of the hour. Technology is now the key enabler in businesses and helps in strategic decision making. The biggest benefit is that these tools help you counter the volume of applicants with a lot more ease. Machine Learning algorithms shortlist the best candidates on the parameters you want and leave you with results that are to the point. This also confers a global mindset to the organizations by ensuring the best applicant experience for their potential candidates.

Real-time feedback, which you get from talent assessment tools, plays a crucial role in ensuring an employee’s progress and loyalty. Gamification is another advantage as it helps employers up their game in terms of employee engagement. The best example of gamification for recruitment and employee engagement possibly comes from Marriott Hotels. The global hotel chain designed virtual tours and video games on their website to attract potential employees through their websites. The players completing some of the “tasks” were shortlisted and later called for interview.

What is the next step?

The future belongs to those who will lead the change and that can happen only if you acquire and retain the right talent. Join the bandwagon of change and get your talent assessment tool today to see your organization scale up in your quest for transformation.

Signing off with a thought from industry leader Jay Samit, Independent Vice Chairman of Deloitte Digital:

“To thrive, all businesses must focus on the art of self-disruption. Rather than wait for the competition to steal your business, every founder and employee need to be willing to cannibalize their existing revenue streams in order to create new ones. All disruption starts with introspection.”

HackerEarth Recruit – A talent Assessment Platform


PS: For more such insights on tech recruitment, we invite you to join our LinkedIn group“Yours Truly HR”

Benefits of creating a campus hiring strategy in India

Reports are mixed about the efficacy of campus hiring.

Say, Amazon India is quite gung-ho about it. But Indian PSUs are going to stop the practice. And to stir the pot a bit, we have some companies not honoring their promises to recruited graduates.

“Campus placements didn’t work for one of every three IIT students expected to graduate in 2017.”

By 2020, campus recruitment is expected to decrease by about 25% according to People Strong. “There are various reasons for this gradual decrease. Some of them include a reduction in hiring numbers of IT giants due to the global economic slowdown, automation of transaction-heavy jobs through Artificial Intelligence and lack of job-readiness in the campus pass-outs,” says the firm’s CEO Pankaj Bansal.

Graduates from these hallowed institutions have always taken great jobs for granted! Why?

Visa restrictions? Automation of lower-level jobs? Economic downturn? Wrong evaluation practices? Reskilling existing employees?

Manipulating global downturns or visa policies may be out of our hands, but using better assessment methods and upskilling employees aren’t.

What is campus recruitment?

Campus recruitment encompasses the strategies and efforts undertaken by employers to engage, assess, and hire graduating students for roles that match their academic background and career aspirations. This initiative is mutually beneficial: students gain direct access to potential employers and career opportunities, while employers get the chance to select from a pool of fresh, talented individuals who are eager to start their professional journeys.

Key features of a good campus recruitment strategy

  • On-site visits and presentations: Companies often visit educational campuses to conduct informational sessions, workshops, and presentations. These events are designed to introduce the company to the student body, showcasing their culture, values, and the opportunities available.
  • Recruitment drives: These are the core of campus recruitment, where companies conduct tests, interviews, and group discussions to evaluate candidates' abilities and fit for various roles.
  • Internship offers: Many organizations use campus recruitment to offer internships to students. These internships can sometimes lead to full-time job offers upon graduation, depending on the student's performance and the company's hiring needs.
  • Diversity in hiring: Campus recruitment allows companies to enhance diversity in their workforce. Students from different academic backgrounds, cultures, and regions bring a variety of perspectives and ideas to the company.
  • Early identification of talent: By engaging with students before they graduate, companies can identify and secure talented individuals early in their career search, often leading to long-term employment and loyalty.

Why campus hiring in India is a great bet

President Obama certainly thought so with his Pathways Program.

Where else can you find a huge and assured pool of enthusiastic potential hires who have undergone rigorous and top quality academic programs? Although most on-campus programs of top companies target only Tier-1 colleges, campus hiring is largely non-discriminatory. (The world be a much happier place if people understood that prestige doesn’t necessarily mean quality. Wonder how they plan to achieve diversity goals?)

Think of the time and money you save by going to campuses and comparing students of a great caliber to pick only the best. (Check out this ROI calculator when you hire better performers.) And, it is quite likely they are up-to-date with what’s happening in their field; they can get into the swing of things easily enough.

“We like their energy, passion, willingness to roll up their sleeves, desire to find an answer when a solution doesn’t exist, ability to dive deep into (a) specific issue and not just stay at a superficial level, and their ability to look at a problem differently, thereby finding a solution that is good for our customers,” says Amazon’s Asia-Pacific HR Head, Raj Raghavan about hiring young talent.

Benefits of campus hiring strategy?

Obviously, conventional methods, such as career fairs, are fast losing their usefulness. Better strategies to improve campus hiring include
  • Connecting early with aspiring young minds
  • Building an online personality that can’t be faulted
  • Re-designing time-worn pre-placement presentations
  • Infusing creativity into existing hiring practices and performance-based exercises
  • Using a smart sourcing/screening/interviewing approach through online tools*
*Online assessment tools, such as those for psychometric or skill testing, score over pen and paper based tests in terms of time, speed, validity, authenticity, and intrinsic motivation.

(For more ideas, check 5 strategies for campus recruitment)

The amazing turnaround time and lack of prejudice are USPs of automated evaluation tools. As the first level for filtering candidates, for example for a tech-related role, use customized coding tests or hackathons to identify exceptional talent. Most automated tools, such as Recruit and Codility platforms, come with a plagiarism detector, window proctoring, curated question library, and webcam monitoring.

Hire for the long term

As Marsha Forde, Workopolis HR Director, says, “More and more companies are realizing the necessity for a solid campus recruitment strategy.” Apart from getting a leg up on changing demographics, campus recruiting allows you to engage with emerging talent, right on their own turf. This can be invaluable to your company’s future, providing key intel for recruiting and marketing initiatives, among others.”

Efficient campus hiring practices do not revolve around branding or sourcing or dedicated recruitment teams. It isn’t about swag. It is about being an Equal Opportunity Employer who values great talent and rewards it no matter where it comes from.

Be the smartest brand on campus. Try HackerEarth Recruit for campus hiring.



PS: For more such insights on tech recruitment, we invite you to join our LinkedIn group - "Yours Truly HR"
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Forecasting Tech Hiring Trends For 2023 With 6 Experts

2023 is here, and it is time to look ahead. Start planning your tech hiring needs as per your business requirements, revamp your recruiting processes, and come up with creative ways to land that perfect “unicorn candidate”!

Right? Well, jumping in blindly without heeding what this year holds for you can be a mistake. So before you put together your plans, ask yourselves this—What are the most important 2023 recruiting trends in tech hiring that you should be prepared for? What are the predictions that will shape this year?

We went around and posed three important questions to industry experts that were on our minds. And what they had to say certainly gave us some food for thought!

Before we dive in, allow me to introduce you to our expert panel of six, who had so much to say from personal experience!

Meet the Expert Panel

Radoslav Stankov

Radoslav Stankov has more than 20 years of experience working in tech. He is currently Head of Engineering at Product Hunt. Enjoys blogging, conference speaking, and solving problems.

Mike Cohen

Mike “Batman” Cohen is the Founder of Wayne Technologies, a Sourcing-as-a-Service company providing recruitment data and candidate outreach services to enhance the talent acquisition journey.

Pamela Ilieva

Pamela Ilieva is the Director of International Recruitment at Shortlister, a platform that connects employers to wellness, benefits, and HR tech vendors.

Brian H. Hough

Brian H. Hough is a Web2 and Web3 software engineer, AWS Community Builder, host of the Tech Stack Playbook™ YouTube channel/podcast, 5-time global hackathon winner, and tech content creator with 10k+ followers.

Steve O'Brien

Steve O'Brien is Senior Vice President, Talent Acquisition at Syneos Health, leading a global team of top recruiters across 30+ countries in 24+ languages, with nearly 20 years of diverse recruitment experience.

Patricia (Sonja Sky) Gatlin

Patricia (Sonja Sky) Gatlin is a New York Times featured activist, DEI Specialist, EdTechie, and Founder of Newbies in Tech. With 10+ years in Higher Education and 3+ in Tech, she now works part-time as a Diversity Lead recruiting STEM professionals to teach gifted students.

Overview of the upcoming tech industry landscape in 2024

Continued emphasis on remote work and flexibility: As we move into 2024, the tech industry is expected to continue embracing remote work and flexible schedules. This trend, accelerated by the COVID-19 pandemic, has proven to be more than a temporary shift. Companies are finding that remote work can lead to increased productivity, a broader talent pool, and better work-life balance for employees. As a result, recruiting strategies will likely focus on leveraging remote work capabilities to attract top talent globally.

Rising demand for AI and Machine Learning Skills: Artificial Intelligence (AI) and Machine Learning (ML) continue to be at the forefront of technological advancement. In 2024, these technologies are expected to become even more integrated into various business processes, driving demand for professionals skilled in AI and ML. Companies will likely prioritize candidates with expertise in these areas, and there may be an increased emphasis on upskilling existing employees to meet this demand.

Increased focus on cybersecurity: With the digital transformation of businesses, cybersecurity remains a critical concern. The tech industry in 2024 is anticipated to see a surge in the need for cybersecurity professionals. Companies will be on the lookout for talent capable of protecting against evolving cyber threats and ensuring data privacy.

Growth in cloud computing and edge computing: Cloud computing continues to grow, but there is also an increasing shift towards edge computing – processing data closer to where it is generated. This shift will likely create new job opportunities and skill requirements, influencing recruiting trends in the tech industry.

Sustainable technology and green computing: The global emphasis on sustainability is pushing the tech industry towards green computing and environmentally friendly technologies. In 2024, companies may seek professionals who can contribute to sustainable technology initiatives, adding a new dimension to tech recruiting.

Emphasis on soft skills: While technical skills remain paramount, soft skills like adaptability, communication, and problem-solving are becoming increasingly important. Companies are recognizing the value of these skills in fostering innovation and teamwork, especially in a remote or hybrid work environment.

Diversity, Equity, and Inclusion (DEI): There is an ongoing push towards more diverse and inclusive workplaces. In 2024, tech companies will likely continue to strengthen their DEI initiatives, affecting how they recruit and retain talent.

6 industry experts predict the 2023 recruiting trends

#1 We've seen many important moments in the tech industry this year...

Rado: In my opinion, a lot of those will carry over. I felt this was a preparation year for what was to come...

Mike: I wish I had the crystal ball for this, but I hope that when the market starts picking up again...

Pamela: Quiet quitting has been here way before 2022, and it is here to stay if organizations and companies...

Pamela Ilieva, Director of International Recruitment, Shortlister

Also, read: What Tech Companies Need To Know About Quiet Quitting


Brian: Yes, absolutely. In the 2022 Edelman Trust Barometer report...

Steve: Quiet quitting in the tech space will naturally face pressure as there is a redistribution of tech talent...

Patricia: Quiet quitting has been around for generations—people doing the bare minimum because they are no longer incentivized...

Patricia Gatlin, DEI Specialist and Curator, #blacklinkedin

#2 What is your pro tip for HR professionals/engineering managers...

Rado: Engineering managers should be able to do "more-with-less" in the coming year.

Radoslav Stankov, Head of Engineering, Product Hunt

Mike: Well first, (shameless plug), be in touch with me/Wayne Technologies as a stop-gap for when the time comes.

Mike “Batman” Cohen, Founder of Wayne Technologies

It's in the decrease and increase where companies find the hardest challenges...

Pamela: Remain calm – no need to “add fuel to the fire”!...

Brian: We have to build during the bear markets to thrive in the bull markets.

Companies can create internal hackathons to exercise creativity...


Also, read: Internal Hackathons - Drive Innovation And Increase Engagement In Tech Teams


Steve: HR professionals facing a hiring freeze will do well to “upgrade” processes, talent, and technology aggressively during downtime...

Steve O'Brien, Senior Vice President, Talent Acquisition at Syneos Health

Patricia: Talk to hiring managers in all your departments. Ask, what are the top 3-5 roles they are hiring for in the new year?...


Also, watch: 5 Recruiting Tips To Navigate The Hiring Freeze With Shalini Chandra, Senior TA, HackerEarth


#3 What top 3 skills would you like HR professionals/engineering managers to add to their repertoire in 2023 to deal with upcoming challenges?

6 industry experts predict the 2023 recruiting trends

Rado: Prioritization, team time, and environment management.

I think "prioritization" and "team time" management are obvious. But what do I mean by "environment management"?

A productive environment is one of the key ingredients for a productive team. Look at where your team wastes most time, which can be automated. For example, end-to-end writing tests take time because our tools are cumbersome and undocumented. So let's improve this.

Mike: Setting better metrics/KPIs, moving away from LinkedIn, and sharing more knowledge.

  1. Metrics/KPIs: Become better at setting measurable KPIs and accountable metrics. They are not the same thing—it's like the Square and Rectangle. One fits into the other but they're not the same. Hold people accountable to metrics, not KPIs. Make sure your metrics are aligned with company goals and values, and that they push employees toward excellence, not mediocrity.
  2. Freedom from LinkedIn: This is every year, and will probably continue to be. LinkedIn is a great database, but it is NOT the only way to find candidates, and oftentimes, not even the most effective/efficient. Explore other tools and methodologies!
  3. Join the conversation: I'd love to see new names of people presenting at conferences and webinars. And also, see new authors on the popular TA content websites. Everyone has things they can share—be a part of the community, not just a user of. Join FB groups, write and post articles, and comment on other people's posts with more than 'Great article'. It's a great community, but it's only great because of the people who contribute to it—be one of those people.

Pamela: Resilience, leveraging data, and self-awareness.

  1. Resilience: A “must-have” skill for the 21st century due to constant changes in the tech industry. Face and adapt to challenges. Overcome them and handle disappointments. Never give up. This will keep HR people alive in 2023.
  2. Data skills: Get some data analyst skills. The capacity to transfer numbers into data can help you be a better HR professional, prepared to improve the employee experience and show your leadership team how HR is leveraging data to drive business results.
  3. Self-awareness: Allows you to react better to upsetting situations and workplace challenges. It is a healthy skill to cultivate – especially as an HR professional.

Also, read: Diving Deep Into The World Of Data Science With Ashutosh Kumar


Brian: Agility, resourcefulness, and empathy.

  1. Agility: Allows professionals to move with market conditions. Always be as prepared as possible for any situation to come. Be flexible based on what does or does not happen.
  2. Resourcefulness: Allows professionals to do more with less. It also helps them focus on how to amplify, lift, and empower the current teams to be the best they can be.
  3. Empathy: Allows professionals to take a more proactive approach to listening and understanding where all workers are coming from. Amid stressful situations, companies need empathetic team members and leaders alike who can meet each other wherever they are and be a support.

Steve: Negotiation, data management, and talent development.

  1. Negotiation: Wage transparency laws will fundamentally change the compensation conversation. We must ensure we are still discussing compensation early in the process. And not just “assume” everyone’s on the same page because “the range is published”.
  2. Data management and predictive analytics: Looking at your organization's talent needs as a casserole of indistinguishable components and demands will not be good enough. We must upgrade the accuracy and consistency of our data and the predictions we can make from it.

Also, read: The Role of Talent Intelligence in Optimizing Recruitment


  1. Talent development: We’ve been exploring the interplay between TA and TM for years. Now is the time to integrate your internal and external talent marketplaces. To provide career experiences to people within your organization and not just those joining your organization.

Patricia: Technology, research, and relationship building.

  1. Technology: Get better at understanding the technology that’s out there. To help you speed up the process, track candidate experience, but also eliminate bias. Metrics are becoming big in HR.
  2. Research: Honestly, read more books. Many great thought leaders put out content about the “future of work”, understanding “Gen Z”, or “quiet quitting.” Dedicate work hours to understanding your ever-changing field.
  3. Relationship Building: Especially in your immediate communities. Most people don’t know who you are or what exactly it is that you do. Build your personal brand and what you are doing at your company to impact those closest to you. Create a referral funnel to get a pipeline going. When people want a job you and your company ought to be top of mind. Also, tell the stories of the people that work there.

7 Tech Recruiting Trends To Watch Out For In 2024

The last couple of years transformed how the world works and the tech industry is no exception. Remote work, a candidate-driven market, and automation are some of the tech recruiting trends born out of the pandemic.

While accepting the new reality and adapting to it is the first step, keeping up with continuously changing hiring trends in technology is the bigger challenge right now.

What does 2024 hold for recruiters across the globe? What hiring practices would work best in this post-pandemic world? How do you stay on top of the changes in this industry?

The answers to these questions will paint a clearer picture of how to set up for success while recruiting tech talent this year.

7 tech recruiting trends for 2024

6 Tech Recruiting Trends To Watch Out For In 2022

Recruiters, we’ve got you covered. Here are the tech recruiting trends that will change the way you build tech teams in 2024.

Trend #1—Leverage data-driven recruiting

Data-driven recruiting strategies are the answer to effective talent sourcing and a streamlined hiring process.

Talent acquisition leaders need to use real-time analytics like pipeline growth metrics, offer acceptance rates, quality and cost of new hires, and candidate feedback scores to reduce manual work, improve processes, and hire the best talent.

The key to capitalizing on talent market trends in 2024 is data. It enables you to analyze what’s working and what needs refinement, leaving room for experimentation.

Trend #2—Have impactful employer branding

98% of recruiters believe promoting company culture helps sourcing efforts as seen in our 2021 State Of Developer Recruitment report.

Having a strong employer brand that supports a clear Employer Value Proposition (EVP) is crucial to influencing a candidate’s decision to work with your company. Perks like upskilling opportunities, remote work, and flexible hours are top EVPs that attract qualified candidates.

A clear EVP builds a culture of balance, mental health awareness, and flexibility—strengthening your employer brand with candidate-first policies.

Trend #3—Focus on candidate-driven market

The pandemic drastically increased the skills gap, making tech recruitment more challenging. With the severe shortage of tech talent, candidates now hold more power and can afford to be selective.

Competitive pay is no longer enough. Use data to understand what candidates want—work-life balance, remote options, learning opportunities—and adapt accordingly.

Recruiters need to think creatively to attract and retain top talent.


Recommended read: What NOT To Do When Recruiting Fresh Talent


Trend #4—Have a diversity and inclusion oriented company culture

Diversity and inclusion have become central to modern recruitment. While urgent hiring can delay D&I efforts, long-term success depends on inclusive teams. Our survey shows that 25.6% of HR professionals believe a diverse leadership team helps build stronger pipelines and reduces bias.

McKinsey’s Diversity Wins report confirms this: top-quartile gender-diverse companies see 25% higher profitability, and ethnically diverse teams show 36% higher returns.

It's refreshing to see the importance of an inclusive culture increasing across all job-seeking communities, especially in tech. This reiterates that D&I is a must-have, not just a good-to-have.

—Swetha Harikrishnan, Sr. HR Director, HackerEarth

Recommended read: Diversity And Inclusion in 2022 - 5 Essential Rules To Follow


Trend #5—Embed automation and AI into your recruitment systems

With the rise of AI tools like ChatGPT, automation is being adopted across every business function—including recruiting.

Manual communication with large candidate pools is inefficient. In 2024, recruitment automation and AI-powered platforms will automate candidate nurturing and communication, providing a more personalized experience while saving time.

Trend #6—Conduct remote interviews

With 32.5% of companies planning to stay remote, remote interviewing is here to stay.

Remote interviews expand access to global talent, reduce overhead costs, and increase flexibility—making the hiring process more efficient for both recruiters and candidates.

Trend #7—Be proactive in candidate engagement

Delayed responses or lack of updates can frustrate candidates and impact your brand. Proactive communication and engagement with both active and passive candidates are key to successful recruiting.

As recruitment evolves, proactive candidate engagement will become central to attracting and retaining talent. In 2023 and beyond, companies must engage both active and passive candidates through innovative strategies and technologies like chatbots and AI-powered systems. Building pipelines and nurturing relationships will enhance employer branding and ensure long-term hiring success.

—Narayani Gurunathan, CEO, PlaceNet Consultants

Recruiting Tech Talent Just Got Easier With HackerEarth

Recruiting qualified tech talent is tough—but we’re here to help. HackerEarth for Enterprises offers an all-in-one suite that simplifies sourcing, assessing, and interviewing developers.

Our tech recruiting platform enables you to:

  • Tap into a 6 million-strong developer community
  • Host custom hackathons to engage talent and boost your employer brand
  • Create online assessments to evaluate 80+ tech skills
  • Use dev-friendly IDEs and proctoring for reliable evaluations
  • Benchmark candidates against a global community
  • Conduct live coding interviews with FaceCode, our collaborative coding interview tool
  • Guide upskilling journeys via our Learning and Development platform
  • Integrate seamlessly with all leading ATS systems
  • Access 24/7 support with a 95% satisfaction score

Recommended read: The A-Zs Of Tech Recruiting - A Guide


Staying ahead of tech recruiting trends, improving hiring processes, and adapting to change is the way forward in 2024. Take note of the tips in this article and use them to build a future-ready hiring strategy.

Ready to streamline your tech recruiting? Try HackerEarth for Enterprises today.

Code In Progress - The Life And Times Of Developers In 2021

Developers. Are they as mysterious as everyone makes them out to be? Is coding the only thing they do all day? Good coders work around the clock, right?

While developers are some of the most coveted talent out there, they also have the most myths being circulated. Most of us forget that developers too are just like us. And no, they do not code all day long.

We wanted to bust a lot of these myths and shed light on how the programming world looks through a developer’s lens in 2021—especially in the wake of a global pandemic. This year’s edition of the annual HackerEarth Developer Survey is packed with developers’ wants and needs when choosing jobs, major gripes with the WFH scenario, and the latest market trends to watch out for, among others.

Our 2021 report is bigger and better, with responses from 25,431 developers across 171 countries. Let’s find out what makes a developer tick, shall we?

Developer Survey

“Good coders work around the clock.” No, they don’t.

Busting the myth that developers spend the better part of their day coding, 52% of student developers said that they prefer to code for a maximum of 3 hours per day.

When not coding, devs swear by their walks as a way to unwind. When we asked devs the same question last year, they said they liked to indulge in indoor games like foosball. In 2021, going for walks has become the most popular method of de-stressing. We’re chalking it up to working from home and not having a chance to stretch their legs.

Staying ahead of the skills game

Following the same trend as last year, students (39%) and working professionals (44%) voted for Go as one of the most popular programming languages that they want to learn. The other programming languages that devs are interested in learning are Rust, Kotlin, and Erlang.

Programming languages that students are most skilled at are HTML/CSS, C++, and Python. Senior developers are more comfortable working with HTML/CSS, SQL, and Java.

How happy are developers

Employees from middle market organizations had the highest 'happiness index' of 7.2. Experienced developers who work at enterprises are marginally less happy in comparison to people who work at smaller companies.

However, happiness is not a binding factor for where developers work. Despite scoring the least on the happiness scale, working professionals would still like to work at enterprise companies and growth-stage startups.

What works when looking for work

Student devs (63%), who are just starting in the tech world, said a good career growth curve is a must-have. Working professionals can be wooed by offers of a good career path (69%) and compensation (68%).

One trend that has changed since last year is that at least 50% of students and working professionals alike care a lot more about ESOPs and positive Glassdoor reviews now than they did in 2020.


To know more about what developers want, download your copy of the report now!


We went a step further and organized an event with our CEO, Sachin Gupta, Radoslav Stankov, Head of Engineering at Product Hunt, and Steve O’Brien, President of Talent Solutions at Job.com to further dissect the findings of our survey.

Tips straight from the horse’s mouth

Steve highlighted how the information collated from the developer survey affects the recruiting community and how they can leverage this data to hire better and faster.

  • The insight where developer happiness is correlated to work hours didn’t find a significant difference between the cohorts. Devs working for less than 40 hours seemed marginally happier than those that clocked in more than 60 hours a week.
“This is an interesting data point, which shows that devs are passionate about what they do. You can increase their workload by 50% and still not affect their happiness. From a work perspective, as a recruiter, you have to get your hiring manager to understand that while devs never say no to more work, HMs shouldn’t overload the devs. Devs are difficult to source and burnout only leads to killing your talent pool, which is something that you do not want,” says Steve.
  • Roughly 45% of both student and professional developers learned how to code in college was another insight that was open to interpretation.
“Let’s look at it differently. Less than half of the surveyed developers learned how to code in college. There’s a major segment of the market today that is not necessarily following the ‘college degree to getting a job’ path. Developers are beginning to look at their skillsets differently and using various platforms to upskill themselves. Development is not about pedigree, it’s more about the potential to demonstrate skills. This is an interesting shift in the way we approach testing and evaluating devs in 2021.”

Rado contextualized the data from the survey to see what it means for the developer community and what trends to watch out for in 2021.

  • Node.js and AngularJS are the most popular frameworks among students and professionals.
“I was surprised by how many young students wanted to learn AngularJS, given that it’s more of an enterprise framework. Another thing that stood out to me was that the younger generation wants to learn technologies that are not necessarily cool like ExtJS (35%). This is good because people are picking technologies that they enjoy working with instead of just going along with what everyone else is doing. This also builds a more diverse technology pool.” — Rado
  • 22% of devs say ‘Zoom Fatigue’ is real and directly affects productivity.
“Especially for younger people who still haven’t figured out a routine to develop their skills, there is something I’d like you to try out. Start using noise-canceling headphones. They help keep distractions to a minimum. I find clutter-free working spaces to be an interesting concept as well.”

The last year and a half have been a doozy for developers everywhere, with a lot of things changing, and some things staying the same. With our developer survey, we wanted to shine the spotlight on skill-based hiring and market trends in 2021—plus highlight the fact that developers too have their gripes and happy hours.

Uncover many more developer trends for 2021 with Steve and Rado below:

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Best Pre-Employment Assessments: Optimizing Your Hiring Process for 2024

In today's competitive talent market, attracting and retaining top performers is crucial for any organization's success. However, traditional hiring methods like relying solely on resumes and interviews may not always provide a comprehensive picture of a candidate's skills and potential. This is where pre-employment assessments come into play.

What is Pre-Employement Assessment?

Pre-employment assessments are standardized tests and evaluations administered to candidates before they are hired. These assessments can help you objectively measure a candidate's knowledge, skills, abilities, and personality traits, allowing you to make data-driven hiring decisions.

By exploring and evaluating the best pre-employment assessment tools and tests available, you can:

  • Improve the accuracy and efficiency of your hiring process.
  • Identify top talent with the right skills and cultural fit.
  • Reduce the risk of bad hires.
  • Enhance the candidate experience by providing a clear and objective evaluation process.

This guide will provide you with valuable insights into the different types of pre-employment assessments available and highlight some of the best tools, to help you optimize your hiring process for 2024.

Why pre-employment assessments are key in hiring

While resumes and interviews offer valuable insights, they can be subjective and susceptible to bias. Pre-employment assessments provide a standardized and objective way to evaluate candidates, offering several key benefits:

  • Improved decision-making:

    By measuring specific skills and knowledge, assessments help you identify candidates who possess the qualifications necessary for the job.

  • Reduced bias:

    Standardized assessments mitigate the risks of unconscious bias that can creep into traditional interview processes.

  • Increased efficiency:

    Assessments can streamline the initial screening process, allowing you to focus on the most promising candidates.

  • Enhanced candidate experience:

    When used effectively, assessments can provide candidates with a clear understanding of the required skills and a fair chance to showcase their abilities.

Types of pre-employment assessments

There are various types of pre-employment assessments available, each catering to different needs and objectives. Here's an overview of some common types:

1. Skill Assessments:

  • Technical Skills: These assessments evaluate specific technical skills and knowledge relevant to the job role, such as programming languages, software proficiency, or industry-specific expertise. HackerEarth offers a wide range of validated technical skill assessments covering various programming languages, frameworks, and technologies.
  • Soft Skills: These employment assessments measure non-technical skills like communication, problem-solving, teamwork, and critical thinking, crucial for success in any role.

2. Personality Assessments:

These employment assessments can provide insights into a candidate's personality traits, work style, and cultural fit within your organization.

3. Cognitive Ability Tests:

These tests measure a candidate's general mental abilities, such as reasoning, problem-solving, and learning potential.

4. Integrity Assessments:

These employment assessments aim to identify potential risks associated with a candidate's honesty, work ethic, and compliance with company policies.

By understanding the different types of assessments and their applications, you can choose the ones that best align with your specific hiring needs and ensure you hire the most qualified and suitable candidates for your organization.

Leading employment assessment tools and tests in 2024

Choosing the right pre-employment assessment tool depends on your specific needs and budget. Here's a curated list of some of the top pre-employment assessment tools and tests available in 2024, with brief overviews:

  • HackerEarth:

    A comprehensive platform offering a wide range of validated skill assessments in various programming languages, frameworks, and technologies. It also allows for the creation of custom assessments and integrates seamlessly with various recruitment platforms.

  • SHL:

    Provides a broad selection of assessments, including skill tests, personality assessments, and cognitive ability tests. They offer customizable solutions and cater to various industries.

  • Pymetrics:

    Utilizes gamified assessments to evaluate cognitive skills, personality traits, and cultural fit. They offer a data-driven approach and emphasize candidate experience.

  • Wonderlic:

    Offers a variety of assessments, including the Wonderlic Personnel Test, which measures general cognitive ability. They also provide aptitude and personality assessments.

  • Harver:

    An assessment platform focusing on candidate experience with video interviews, gamified assessments, and skills tests. They offer pre-built assessments and customization options.

Remember: This list is not exhaustive, and further research is crucial to identify the tool that aligns best with your specific needs and budget. Consider factors like the types of assessments offered, pricing models, integrations with your existing HR systems, and user experience when making your decision.

Choosing the right pre-employment assessment tool

Instead of full individual tool reviews, consider focusing on 2–3 key platforms. For each platform, explore:

  • Target audience: Who are their assessments best suited for (e.g., technical roles, specific industries)?
  • Types of assessments offered: Briefly list the available assessment categories (e.g., technical skills, soft skills, personality).
  • Key features: Highlight unique functionalities like gamification, custom assessment creation, or seamless integrations.
  • Effectiveness: Briefly mention the platform's approach to assessment validation and reliability.
  • User experience: Consider including user reviews or ratings where available.

Comparative analysis of assessment options

Instead of a comprehensive comparison, consider focusing on specific use cases:

  • Technical skills assessment:

    Compare HackerEarth and Wonderlic based on their technical skill assessment options, focusing on the variety of languages/technologies covered and assessment formats.

  • Soft skills and personality assessment:

    Compare SHL and Pymetrics based on their approaches to evaluating soft skills and personality traits, highlighting any unique features like gamification or data-driven insights.

  • Candidate experience:

    Compare Harver and Wonderlic based on their focus on candidate experience, mentioning features like video interviews or gamified assessments.

Additional tips:

  • Encourage readers to visit the platforms' official websites for detailed features and pricing information.
  • Include links to reputable third-party review sites where users share their experiences with various tools.

Best practices for using pre-employment assessment tools

Integrating pre-employment assessments effectively requires careful planning and execution. Here are some best practices to follow:

  • Define your assessment goals:

    Clearly identify what you aim to achieve with assessments. Are you targeting specific skills, personality traits, or cultural fit?

  • Choose the right assessments:

    Select tools that align with your defined goals and the specific requirements of the open position.

  • Set clear expectations:

    Communicate the purpose and format of the assessments to candidates in advance, ensuring transparency and building trust.

  • Integrate seamlessly:

    Ensure your chosen assessment tool integrates smoothly with your existing HR systems and recruitment workflow.

  • Train your team:

    Equip your hiring managers and HR team with the knowledge and skills to interpret assessment results effectively.

Interpreting assessment results accurately

Assessment results offer valuable data points, but interpreting them accurately is crucial for making informed hiring decisions. Here are some key considerations:

  • Use results as one data point:

    Consider assessment results alongside other information, such as resumes, interviews, and references, for a holistic view of the candidate.

  • Understand score limitations:

    Don't solely rely on raw scores. Understand the assessment's validity and reliability and the potential for cultural bias or individual test anxiety.

  • Look for patterns and trends:

    Analyze results across different assessments and identify consistent patterns that align with your desired candidate profile.

  • Focus on potential, not guarantees:

    Assessments indicate potential, not guarantees of success. Use them alongside other evaluation methods to make well-rounded hiring decisions.

Choosing the right pre-employment assessment tools

Selecting the most suitable pre-employment assessment tool requires careful consideration of your organization's specific needs. Here are some key factors to guide your decision:

  • Industry and role requirements:

    Different industries and roles demand varying skill sets and qualities. Choose assessments that target the specific skills and knowledge relevant to your open positions.

  • Company culture and values:

    Align your assessments with your company culture and values. For example, if collaboration is crucial, look for assessments that evaluate teamwork and communication skills.

  • Candidate experience:

    Prioritize tools that provide a positive and smooth experience for candidates. This can enhance your employer brand and attract top talent.

Budget and accessibility considerations

Budget and accessibility are essential factors when choosing pre-employment assessments:

  • Budget:

    Assessment tools come with varying pricing models (subscriptions, pay-per-use, etc.). Choose a tool that aligns with your budget and offers the functionalities you need.

  • Accessibility:

    Ensure the chosen assessment is accessible to all candidates, considering factors like language options, disability accommodations, and internet access requirements.

Additional Tips:

  • Free trials and demos: Utilize free trials or demos offered by assessment platforms to experience their functionalities firsthand.
  • Consult with HR professionals: Seek guidance from HR professionals or recruitment specialists with expertise in pre-employment assessments.
  • Read user reviews and comparisons: Gain insights from other employers who use various assessment tools.

By carefully considering these factors, you can select the pre-employment assessment tool that best aligns with your organizational needs, budget, and commitment to an inclusive hiring process.

Remember, pre-employment assessments are valuable tools, but they should not be the sole factor in your hiring decisions. Use them alongside other evaluation methods and prioritize building a fair and inclusive hiring process that attracts and retains top talent.

Future trends in pre-employment assessments

The pre-employment assessment landscape is constantly evolving, with innovative technologies and practices emerging. Here are some potential future trends to watch:

  • Artificial intelligence (AI):

    AI-powered assessments can analyze candidate responses, written work, and even resumes, using natural language processing to extract relevant insights and identify potential candidates.

  • Adaptive testing:

    These assessments adjust the difficulty level of questions based on the candidate's performance, providing a more efficient and personalized evaluation.

  • Micro-assessments:

    Short, focused assessments delivered through mobile devices can assess specific skills or knowledge on-the-go, streamlining the screening process.

  • Gamification:

    Engaging and interactive game-based elements can make the assessment experience more engaging and assess skills in a realistic and dynamic way.

Conclusion

Pre-employment assessments, when used thoughtfully and ethically, can be a powerful tool to optimize your hiring process, identify top talent, and build a successful workforce for your organization. By understanding the different types of assessments available, exploring top-rated tools like HackerEarth, and staying informed about emerging trends, you can make informed decisions that enhance your ability to attract, evaluate, and hire the best candidates for the future.

Tech Layoffs: What To Expect In 2024

Layoffs in the IT industry are becoming more widespread as companies fight to remain competitive in a fast-changing market; many turn to layoffs as a cost-cutting measure. Last year, 1,000 companies including big tech giants and startups, laid off over two lakhs of employees. But first, what are layoffs in the tech business, and how do they impact the industry?

Tech layoffs are the termination of employment for some employees by a technology company. It might happen for various reasons, including financial challenges, market conditions, firm reorganization, or the after-effects of a pandemic. While layoffs are not unique to the IT industry, they are becoming more common as companies look for methods to cut costs while remaining competitive.

The consequences of layoffs in technology may be catastrophic for employees who lose their jobs and the firms forced to make these difficult decisions. Layoffs can result in the loss of skill and expertise and a drop in employee morale and productivity. However, they may be required for businesses to stay afloat in a fast-changing market.

This article will examine the reasons for layoffs in the technology industry, their influence on the industry, and what may be done to reduce their negative impacts. We will also look at the various methods for tracking tech layoffs.

What are tech layoffs?

The term "tech layoff" describes the termination of employees by an organization in the technology industry. A company might do this as part of a restructuring during hard economic times.

In recent times, the tech industry has witnessed a wave of significant layoffs, affecting some of the world’s leading technology companies, including Amazon, Microsoft, Meta (formerly Facebook), Apple, Cisco, SAP, and Sony. These layoffs are a reflection of the broader economic challenges and market adjustments facing the sector, including factors like slowing revenue growth, global economic uncertainties, and the need to streamline operations for efficiency.

Each of these tech giants has announced job cuts for various reasons, though common themes include restructuring efforts to stay competitive and agile, responding to over-hiring during the pandemic when demand for tech services surged, and preparing for a potentially tough economic climate ahead. Despite their dominant positions in the market, these companies are not immune to the economic cycles and technological shifts that influence operational and strategic decisions, including workforce adjustments.

This trend of layoffs in the tech industry underscores the volatile nature of the tech sector, which is often at the mercy of rapid changes in technology, consumer preferences, and the global economy. It also highlights the importance of adaptability and resilience for companies and employees alike in navigating the uncertainties of the tech landscape.

Causes for layoffs in the tech industry

Why are tech employees suffering so much?

Yes, the market is always uncertain, but why resort to tech layoffs?

Various factors cause tech layoffs, including company strategy changes, market shifts, or financial difficulties. Companies may lay off employees if they need help to generate revenue, shift their focus to new products or services, or automate certain jobs.

In addition, some common reasons could be:

Financial struggles

Currently, the state of the global market is uncertain due to economic recession, ongoing war, and other related phenomena. If a company is experiencing financial difficulties, only sticking to pay cuts may not be helpful—it may need to reduce its workforce to cut costs.


Also, read: 6 Steps To Create A Detailed Recruiting Budget (Template Included)


Changes in demand

The tech industry is constantly evolving, and companies would have to adjust their workforce to meet changing market conditions. For instance, companies are adopting remote work culture, which surely affects on-premises activity, and companies could do away with some number of tech employees at the backend.

Restructuring

Companies may also lay off employees as part of a greater restructuring effort, such as spinning off a division or consolidating operations.

Automation

With the advancement in technology and automation, some jobs previously done by human labor may be replaced by machines, resulting in layoffs.

Mergers and acquisitions

When two companies merge, there is often overlap in their operations, leading to layoffs as the new company looks to streamline its workforce.

But it's worth noting that layoffs are not exclusive to the tech industry and can happen in any industry due to uncertainty in the market.

Will layoffs increase in 2024?

It is challenging to estimate the rise or fall of layoffs. The overall state of the economy, the health of certain industries, and the performance of individual companies will play a role in deciding the degree of layoffs in any given year.

But it is also seen that, in the first 15 days of this year, 91 organizations laid off over 24,000 tech workers, and over 1,000 corporations cut down more than 150,000 workers in 2022, according to an Economic Times article.

The COVID-19 pandemic caused a huge economic slowdown and forced several businesses to downsize their employees. However, some businesses rehired or expanded their personnel when the world began to recover.

So, given the current level of economic uncertainty, predicting how the situation will unfold is difficult.


Also, read: 4 Images That Show What Developers Think Of Layoffs In Tech


What types of companies are prone to tech layoffs?

2023 Round Up Of Layoffs In Big Tech

Tech layoffs can occur in organizations of all sizes and various areas.

Following are some examples of companies that have experienced tech layoffs in the past:

Large tech firms

Companies such as IBM, Microsoft, Twitter, Better.com, Alibaba, and HP have all experienced layoffs in recent years as part of restructuring initiatives or cost-cutting measures.

Market scenarios are still being determined after Elon Musk's decision to lay off employees. Along with tech giants, some smaller companies and startups have also been affected by layoffs.

Startups

Because they frequently work with limited resources, startups may be forced to lay off staff if they cannot get further funding or need to pivot due to market downfall.

Small and medium-sized businesses

Small and medium-sized businesses face layoffs due to high competition or if the products/services they offer are no longer in demand.

Companies in certain industries

Some sectors of the technological industry, such as the semiconductor industry or automotive industry, may be more prone to layoffs than others.

Companies that lean on government funding

Companies that rely significantly on government contracts may face layoffs if the government cuts technology spending or contracts are not renewed.

How to track tech layoffs?

You can’t stop tech company layoffs, but you should be keeping track of them. We, HR professionals and recruiters, can also lend a helping hand in these tough times by circulating “layoff lists” across social media sites like LinkedIn and Twitter to help people land jobs quicker. Firefish Software put together a master list of sources to find fresh talent during the layoff period.

Because not all layoffs are publicly disclosed, tracking tech industry layoffs can be challenging, and some may go undetected. There are several ways to keep track of tech industry layoffs:

Use tech layoffs tracker

Layoff trackers like thelayoff.com and layoffs.fyi provide up-to-date information on layoffs.

In addition, they aid in identifying trends in layoffs within the tech industry. It can reveal which industries are seeing the most layoffs and which companies are the most affected.

Companies can use layoff trackers as an early warning system and compare their performance to that of other companies in their field.

News articles

Because many news sites cover tech layoffs as they happen, keeping a watch on technology sector stories can provide insight into which organizations are laying off employees and how many individuals have been affected.

Social media

Organizations and employees frequently publish information about layoffs in tech on social media platforms; thus, monitoring companies' social media accounts or following key hashtags can provide real-time updates regarding layoffs.

Online forums and communities

There are online forums and communities dedicated to discussing tech industry news, and they can be an excellent source of layoff information.

Government reports

Government agencies such as the Bureau of Labor Statistics (BLS) publish data on layoffs and unemployment, which can provide a more comprehensive picture of the technology industry's status.

How do companies reduce tech layoffs?

Layoffs in tech are hard – for the employee who is losing their job, the recruiter or HR professional who is tasked with informing them, and the company itself. So, how can we aim to avoid layoffs? Here are some ways to minimize resorting to letting people go:

Salary reductions

Instead of laying off employees, businesses can lower the salaries or wages of all employees. It can be accomplished by instituting compensation cuts or salary freezes.

Implementing a hiring freeze

Businesses can halt employing new personnel to cut costs. It can be a short-term solution until the company's financial situation improves.


Also, read: What Recruiters Can Focus On During A Tech Hiring Freeze


Non-essential expense reduction

Businesses might search for ways to cut or remove non-essential expenses such as travel, training, and office expenses.

Reducing working hours

Companies can reduce employee working hours to save money, such as implementing a four-day workweek or a shorter workday.

These options may not always be viable and may have their problems, but before laying off, a company owes it to its people to consider every other alternative, and formulate the best solution.

Tech layoffs to bleed into this year

While we do not know whether this trend will continue or subside during 2023, we do know one thing. We have to be prepared for a wave of layoffs that is still yet to hit. As of last month, Layoffs.fyi had already tracked 170+ companies conducting 55,970 layoffs in 2023.

So recruiters, let’s join arms, distribute those layoff lists like there’s no tomorrow, and help all those in need of a job! :)

What is Headhunting In Recruitment?: Types & How Does It Work?

In today’s fast-paced world, recruiting talent has become increasingly complicated. Technological advancements, high workforce expectations and a highly competitive market have pushed recruitment agencies to adopt innovative strategies for recruiting various types of talent. This article aims to explore one such recruitment strategy – headhunting.

What is Headhunting in recruitment?

In headhunting, companies or recruitment agencies identify, engage and hire highly skilled professionals to fill top positions in the respective companies. It is different from the traditional process in which candidates looking for job opportunities approach companies or recruitment agencies. In headhunting, executive headhunters, as recruiters are referred to, approach prospective candidates with the hiring company’s requirements and wait for them to respond. Executive headhunters generally look for passive candidates, those who work at crucial positions and are not on the lookout for new work opportunities. Besides, executive headhunters focus on filling critical, senior-level positions indispensable to companies. Depending on the nature of the operation, headhunting has three types. They are described later in this article. Before we move on to understand the types of headhunting, here is how the traditional recruitment process and headhunting are different.

How do headhunting and traditional recruitment differ from each other?

Headhunting is a type of recruitment process in which top-level managers and executives in similar positions are hired. Since these professionals are not on the lookout for jobs, headhunters have to thoroughly understand the hiring companies’ requirements and study the work profiles of potential candidates before creating a list.

In the traditional approach, there is a long list of candidates applying for jobs online and offline. Candidates approach recruiters for jobs. Apart from this primary difference, there are other factors that define the difference between these two schools of recruitment.

AspectHeadhuntingTraditional RecruitmentCandidate TypePrimarily passive candidateActive job seekersApproachFocused on specific high-level rolesBroader; includes various levelsScopeproactive outreachReactive: candidates applyCostGenerally more expensive due to expertise requiredTypically lower costsControlManaged by headhuntersManaged internally by HR teams

All the above parameters will help you to understand how headhunting differs from traditional recruitment methods, better.

Types of headhunting in recruitment

Direct headhunting: In direct recruitment, hiring teams reach out to potential candidates through personal communication. Companies conduct direct headhunting in-house, without outsourcing the process to hiring recruitment agencies. Very few businesses conduct this type of recruitment for top jobs as it involves extensive screening across networks outside the company’s expanse.

Indirect headhunting: This method involves recruiters getting in touch with their prospective candidates through indirect modes of communication such as email and phone calls. Indirect headhunting is less intrusive and allows candidates to respond at their convenience.Third-party recruitment: Companies approach external recruitment agencies or executive headhunters to recruit highly skilled professionals for top positions. This method often leverages the company’s extensive contact network and expertise in niche industries.

How does headhunting work?

Finding highly skilled professionals to fill critical positions can be tricky if there is no system for it. Expert executive headhunters employ recruitment software to conduct headhunting efficiently as it facilitates a seamless recruitment process for executive headhunters. Most software is AI-powered and expedites processes like candidate sourcing, interactions with prospective professionals and upkeep of communication history. This makes the process of executive search in recruitment a little bit easier. Apart from using software to recruit executives, here are the various stages of finding high-calibre executives through headhunting.

Identifying the role

Once there is a vacancy for a top job, one of the top executives like a CEO, director or the head of the company, reach out to the concerned personnel with their requirements. Depending on how large a company is, they may choose to headhunt with the help of an external recruiting agency or conduct it in-house. Generally, the task is assigned to external recruitment agencies specializing in headhunting. Executive headhunters possess a database of highly qualified professionals who work in crucial positions in some of the best companies. This makes them the top choice of conglomerates looking to hire some of the best talents in the industry.

Defining the job

Once an executive headhunter or a recruiting agency is finalized, companies conduct meetings to discuss the nature of the role, how the company works, the management hierarchy among other important aspects of the job. Headhunters are expected to understand these points thoroughly and establish a clear understanding of their expectations and goals.

Candidate identification and sourcing

Headhunters analyse and understand the requirements of their clients and begin creating a pool of suitable candidates from their database. The professionals are shortlisted after conducting extensive research of job profiles, number of years of industry experience, professional networks and online platforms.

Approaching candidates

Once the potential candidates have been identified and shortlisted, headhunters move on to get in touch with them discreetly through various communication channels. As such candidates are already working at top level positions at other companies, executive headhunters have to be low-key while doing so.

Assessment and Evaluation

In this next step, extensive screening and evaluation of candidates is conducted to determine their suitability for the advertised position.

Interviews and negotiations

Compensation is a major topic of discussion among recruiters and prospective candidates. A lot of deliberation and negotiation goes on between the hiring organization and the selected executives which is facilitated by the headhunters.

Finalizing the hire

Things come to a close once the suitable candidates accept the job offer. On accepting the offer letter, headhunters help finalize the hiring process to ensure a smooth transition.

The steps listed above form the blueprint for a typical headhunting process. Headhunting has been crucial in helping companies hire the right people for crucial positions that come with great responsibility. However, all systems have a set of challenges no matter how perfect their working algorithm is. Here are a few challenges that talent acquisition agencies face while headhunting.

Common challenges in headhunting

Despite its advantages, headhunting also presents certain challenges:

Cost Implications: Engaging headhunters can be more expensive than traditional recruitment methods due to their specialized skills and services.

Time-Consuming Process: While headhunting can be efficient, finding the right candidate for senior positions may still take time due to thorough evaluation processes.

Market Competition: The competition for top talent is fierce; organizations must present compelling offers to attract passive candidates away from their current roles.

Although the above mentioned factors can pose challenges in the headhunting process, there are more upsides than there are downsides to it. Here is how headhunting has helped revolutionize the recruitment of high-profile candidates.

Advantages of Headhunting

Headhunting offers several advantages over traditional recruitment methods:

Access to Passive Candidates: By targeting individuals who are not actively seeking new employment, organisations can access a broader pool of highly skilled professionals.

Confidentiality: The discreet nature of headhunting protects both candidates’ current employment situations and the hiring organisation’s strategic interests.

Customized Search: Headhunters tailor their search based on the specific needs of the organization, ensuring a better fit between candidates and company culture.

Industry Expertise: Many headhunters specialise in particular sectors, providing valuable insights into market dynamics and candidate qualifications.

Conclusion

Although headhunting can be costly and time-consuming, it is one of the most effective ways of finding good candidates for top jobs. Executive headhunters face several challenges maintaining the g discreetness while getting in touch with prospective clients. As organizations navigate increasingly competitive markets, understanding the nuances of headhunting becomes vital for effective recruitment strategies. To keep up with the technological advancements, it is better to optimise your hiring process by employing online recruitment software like HackerEarth, which enables companies to conduct multiple interviews and evaluation tests online, thus improving candidate experience. By collaborating with skilled headhunters who possess industry expertise and insights into market trends, companies can enhance their chances of securing high-caliber professionals who drive success in their respective fields.

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