The Impact of New Technologies on Global Talent Acquisition
Recruiting is changing.
In 2023, sourcing talent across borders is becoming an increasingly popular way for employers to find the best candidates. Technology has played a significant role in driving global recruitment efforts, from connecting recruiters with potential candidates around the world to streamlining the hiring process. Most job seekers are now using some form of technology or social media platform to stand out to recruiters and land roles. 16% of companies worldwide are fully remote.
With all the progress being made in global hiring and recruiting technology, only 18% of HR professionals feel that their talent acquisition systems are advanced. This is an obvious gap that recruiters can fill by being at the forefront of the technology adoption curve.
What technology should you be aware of? How is this technology impacting global talent acquisition? Let’s dive in.
3 technologies that are shaping global talent acquisition
1. Automation
What is automation?
Automation refers to the use of software and tools to automate certain tasks within the recruitment process, saving recruiters time and resources. Applicant tracking systems (ATS) are an example of automation technology in recruiting. Scheduling software is another tool that may automatically schedule interviews and send reminders to candidates.
How is automation impacting global talent acquisition?
Automation is playing an increasingly important role in helping recruiters improve their global talent acquisition processes. By automating certain tasks, such as candidate screening and scheduling, recruiters can save time and focus their efforts on more strategic activities. For example, recruitment automation tools can scan resumes and job applications for specific keywords. Automation technology can also streamline the interview process with tools such as video interviewing platforms and scheduling software, making it easier to connect with candidates from anywhere in the world.
2. The cloud
What is the cloud?
The cloud is a type of software that is stored and accessed over the internet, rather than being installed on a computer or local server. You can access cloud software through a web browser or apps. This gives recruiters the ability to access data from anywhere with an internet connection, making it much more convenient to recruit remotely and globally.
How is the cloud impacting global talent acquisition?
Cloud software has already revolutionized how modern business is run in many ways, especially the fast-paced recruitment industry. One key benefit of cloud-based software is ease of communication and improved collaboration between internal recruitment teams and recruiters with potential candidates (think Slack, Zoom, WhatsApp, Google Drive). With the help of these apps and many other cloud-based alternatives, global recruitment efforts can be carried out remotely and with much greater speed, without sacrificing accuracy.
3. AI
What is AI?
Artificial Intelligence (AI) is a type of technology that enables machines to perform tasks that normally require human intelligence, such as recognizing language, making decisions, and solving problems. AI works by using algorithms, or sets of rules, to process and analyze large amounts of data in order to identify patterns and make predictions.
How is it impacting global talent acquisition?
AI may be trendy in 2023, but it’s been impacting talent acquisition for longer than you may think. For example, Linkedin states how they’ve been improving their processes with AI technology for over a decade: “For over 15 years, we’ve used AI technology as the matchmaker that connects the world’s professionals to economic opportunity — helping professionals learn from each other, helping managers hire their dream candidates, helping a small business grow by reaching the right buyers, and so much more.”
HubSpot defines a few benefits of utilizing AI software:
- It reduces human error
- It performs repetitive tasks
- It helps with research and data analysis
- With appropriate data, it can make unbiased, smart decisions
Disclaimer: This post is provided for informational purposes and should not be considered legal advice, the final word on this topic or a political opinion.