Finding a job right out of school is always daunting. Many students apply to as many jobs as they can in hopes that just one of them will result in a hire. However, this strategy often backfires, backlogging the employment market and reducing productivity for students and employers. According to the Hays Global Skill Index, companies have trouble filling many of their openings even when they get numerous applications.
Almost everyone understands that the job hunt is stressful, so how can participants in the employment market come together to mitigate this? First, it is important to acknowledge that this problem cannot be solved by a single company or individual--it has to involve cooperation between companies, educational institutions, and students. With this in mind, it’s possible to think of holistic approaches to combating talent mismatch.
What is the Future of Recruiting?
According to a LinkedIn Talent Solutions 2018 Global Recruiting Trends report hiring great talent is set to become much tougher in coming years. The report cites the emergence of high skill, high technology jobs, shrinking talent pools and increasing global competition.
In the report recruiting industry professionals identified the following trends as extremely important to the future of recruiting: 1) more diverse candidates (78%), new interviewing tools (56%), big data (50%) and artificial intelligence (35%).