The current recruitment landscape is volatile and punctuated by uncertainty. Tech giants have stopped hiring, there are layoffs globally, and more people are quitting than ever before.
Indeed, McKinsey research reveals that 40% of workers plan to quit their jobs as recession fears grow.
Nothing is more reassuring to employers than having the right people onboard. And nothing is worse than seeing that losing talent to competitors.
The job market is getting more competitive than ever before, with companies trying to overshadow each other in search of top talent.
The major challenge that any recruiter faces is finding suitable talent for the job opening. Even if you get a lot of applications, none of them might have the right skills and qualifications for the job.
This is because most ideal job candidates are likely already employed. These candidates are generally referred to as passive candidates.
As a human resources professional, you might be receiving various applications for a job opening at your company.
Each corporate job posting attracts approximately 250 resumes. Out of these, four to six candidates are called for interviews, and only one will be hired.
Hiring the right set of candidates is a real challenge for many organizations.
Organizations often blame the market conditions for shortcomings in their hiring process. For example, they might think their recruitment process has degraded due to market conditions.
Move over to in-person interviews, as virtual interviews are gradually changing the way recruiters approach hiring. A virtual interview is much like an in-person interview, except that it happens remotely. In a virtual interview, the interviewer and the candidate meet over a video conference call or platform and exchange their views.
A recent report suggests that over 60% of HR managers have confessed using virtual and video interviews during the hiring process. Virtual interviews save the precious time of recruiters and candidates alike.
Naukri is the largest database of jobseekers across technologies, skills, locations, and technology sets. Several recruiters work on Naukri.
Over the past few years, Naukri has developed and added a lot of features to its platform to upgrade its functionalities. These useful features help the recruiters search through the database effectively and reach the right candidates faster.
A study shows any job position receives an average of 250 applications. So, shortlisting the right candidate from is just like finding the needle in a haystack.
Every job position requires different evaluation process and the method of shortlisting. The selection method you choose will depend on skills, attributes and knowledge required for that particular position. And of course, it will also need to be aligned with the prerequisite for the said position.