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How do staffing and recruiting industries transform digitally?

Creation date: Oct 31, 2022 4:30am     Last modified date: Oct 31, 2022 4:30am   Last visit date: Nov 12, 2022 9:22pm
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Oct 31, 2022  ( 1 post )  
10/31/2022
4:30am
Mastech Digital (mathurolivia)

The world of staffing and recruiting is rapidly evolving. Technology, market shifts, and day-to-day changes are reshaping the industry. From understanding the employer's needs to presenting highly qualified candidates quickly and effectively at a competitive price point, it's critical to stay in tune with the latest trends.

 

Recruitment and Staffing Industry Statistics

 

It is predicted that the staffing and recruiting industry will be worth $429.3 billion by 2025. In 2016, the industry was worth $226.4 billion.

 

Companies using contingent labor have increased from 39% to 52% over the past four years.

 

There are now 3,540 digital staffing agencies and recruiting firms in the United States. This is a 5.4% increase from 2017. 

 

In 2018, there were 19,610 job openings for recruitment and staffing professionals. This is a 5% increase from 2017. 

 

The average salary for a recruitment and staffing professional is $60,990 per year.

 

What Technology Will Transform the Industry?

 

The staffing and recruiting industry is in the midst of a digital transformation. New technologies are emerging that are changing how businesses operate and job seekers find employment. Here are some of the technologies that are transforming the staffing and recruiting industry:

 

  1. Social media - Social media platforms like LinkedIn, Facebook, and Twitter are being used by employers to post job openings, search for potential candidates, and communicate with employees. Job seekers also use social media to connect with potential employers and learn about open positions.

 

  1. Big data - Big data analytics is being used by businesses to collect and analyze data on candidates, employees, and customers. This information can be used to identify trends, make predictions, and improve decision-making.

 

  1. Artificial intelligence - Artificial intelligence (AI) is being used by businesses to automate repetitive tasks such as screening resumes and scheduling interviews. AI helps in identifying potential candidates for open positions.

 

  1. Virtual reality - Virtual reality (VR) is being used by businesses to create immersive experiences for job seekers. VR simulates work environments and provides training for new employees.

 

  1. Blockchain - Blockchain technology is being used by businesses to create transparent and secure records of transactions between employers and employees. Blockchain can verify identities, track payments, and prevent fraud.

 

Strategies to Prepare Your Company

 

The staffing and recruiting industry is under pressure to keep up with the advances in digital technology. Many companies are looking for ways to streamline their processes and make themselves more efficient. Here are some strategies to prepare your company for the digital age:

 

  1. Implement an applicant tracking system (ATS).

 

An ATS can help you manage your applicants more effectively by collecting and storing data about them in a central database. This information can help identify qualified candidates when openings become available quickly.

 

  1. Use social media to reach out to potential candidates.

 

Social media platforms like LinkedIn offer a great way to connect with potential candidates who might not otherwise be aware of your company. Use social media to post job openings and share information about your company's culture and values.

 

  1. Incorporate video into your recruiting process.

 

Video can be a powerful tool for recruiting top talent. Use video to give candidates a virtual tour of your facilities, introduce them to your team members, or provide more information about the position they're applying for.

 

  1. Make sure your website is mobile-friendly.

 

Job seekers are increasingly using their smartphones and other mobile devices to search for jobs online. Make sure your website is optimized for mobile devices so potential candidates can easily access information about your company and open positions.

 

Why a Digital Transformation May be Beneficial in Cars

 

Digital transformation can be incredibly beneficial for cars. For example, digitization can make it possible to develop a new car model in just a few weeks instead of the months or years it would traditionally take. Additionally, digitalization can help automotive companies manage their inventory more effectively and connect with customers in new and innovative ways.

 

There are several reasons why staffing and recruiting industries should consider digital transformation. Perhaps most importantly, digitization can help these companies become more efficient and effective. Additionally, digital transformation can help digital staffing agencies and recruiting companies connect with potential employees and candidates in new ways, making the recruiting process more efficient and streamlined. Read more