The recruiting and hiring market is huge—to the tune of $400 billion. Yet businesses still struggle to find, engage, and hire the best candidates.
Related:5 Things To Avoid During The Hiring ProcessAt SmartRecruiters, we took a look around the industry to better understand why this disconnect remains and what businesses can do to overcome the challenges plaguing their recruiting and hiring process. This infographic explains those pitfalls and proposes four new rules of recruiting.
Many of the problems start with technology: hiring managers and recruiters are typically working in silos with spreadsheets and outdated applicant tracking systems that are clunky and frustrate candidates. These tools leave little room for collaboration among hiring teams and don't foster engagement with applicants.
A deeper look at the industry reveals several other issues with the recruiting and hiring process, including:
48% of candidates drop out of applicant tracking systems when applying for a job.
65% of candidates who job search on a mobile device will leave a non-mobile optimized site.
42% of candidates who had a bad experience would never seek employment at that company again.
As a result, businesses are losing tens of thousands of dollars due to bad hiring decisions and are missing opportunities to attract the best talent. Add up all these problems, and it's clear that recruiting and hiring technology is broken.
The good news is, there are ways businesses can overcome these challenges. Central to the solution is making the entire recruiting and hiring process more social, collaborative and transparent. For instance, hiring managers' social networks can be talent goldmines. Businesses can better connect via mobile to easily access their talent pool fort hiring managers to quickly find great candidates.
Also key is putting candidates first in the recruiting and hiring process. Businesses aren't the only ones making a decision; so are candidates. That's why it's crucial to engage candidates in a positive hiring experience where they feel welcomed and important.
Feel free to share the infographic if it strikes a chord with you and how you'd like to see recruiting and hiring evolve for the benefit of hiring managers, recruiters and candidates all around. It's time to spark a hiring revolution!
Everyone has heard of New Year's resolutions. You know, those promises we make to ourselves about things we'll do better in the year ahead. Sometimes these resolutions work, while other times we end up with gym memberships we never use! But have you ever heard of a career resolution? It's actually the same thing as a New Year's resolution, only career-focused.
However, with something as important as a career, you don't want to break these resolutions. That's why it's important to keep these goals manageable.
Here are four simple career resolutions that are easy to stick to and achieve.
Be Self-Aware Of Where You Stand In Your Career
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Being honest and self-aware of where you are in your career is the most important step in making strong career resolutions. If your career is going nowhere and you're unhappy, then it may be time to consider a career change, which will take you down a different path entirely.
But if you're happy and in good standing with your career, it's a lot easier to set goals for the year and build out a long-term career plan.
Find A Way To Grow Your Career
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Career growth is a very broad spectrum that means something different to everyone. It could be something as simple as improving on a weakness or building on a strength. It could also be learning a new skill or taking on additional responsibilities at work.
On a larger level, it could be seeking a promotion or moving into a leadership role.
Whatever the goal is, make sure it includes growing professionally. The worst thing you can do is stay the same! If you're not growing your career, you're dying—and becoming a lot less valuable to your employer. There are always ways to upskill!
Better Serve Your Professional Network
With current colleagues, former colleagues, and other professional acquaintances, you've probably built a solid professional network through the years. A strong professional network can come in handy if you lose your job or are looking to make a career change. However, you shouldn't just rely on your network when you're in need!
It's important to find ways to offer value to your network. This could include checking in with members of your network from time to time. Exchange messages on LinkedIn to see how they're doing or share relevant content of interest. If you can help someone in your network going through a career challenge, you should!
Maintaining a strong professional network is like an investment. If you want it to pay off, you have to put some time into it and be consistent.
Take Care Of Yourself
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Working on your career is hard work! It's okay to be selfish sometimes. Whether you're working to grow your career or looking for a new job, it's important to find balance.
Your family and health always come first, so make sure your career goals don't interfere with that. If you want to set aside time during the week to work on your career that's fine, but don't miss important family events or milestones.
Don't let your career goals get in the way of your health goals. Go to the gym, take a walk, or go for a jog. Balance is key to maintaining healthy career and life goals. Sometimes you just need to adjust that balance as you go.
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This article was originally published at an earlier date.