With an aim to analyse the current hiring scenario, LinkedIn, the world’s largest professional network, surveyed 9,000 recruiters and conducted interviews with industry experts across the world. Diversity, New Interviewing Tools, Data, and Artificial Intelligence stand out as four current trends. The report titled, “The Global Recruiting Trends 2018” offers detailed insights on how these trends will impact recruiters and organisations, as well as how they will create a shift in the recruitment process across industries. These hiring trends showcase how new ideas are putting an end to the transactional and tedious nature of recruitment, and are instead focusing on using strategic methods with a human touch to find high-potential talent.
“Workplaces are evolving faster than ever before, and we are seeing an emergence of new jobs and skill sets in India. Therefore, the Indian recruiter too will undergo a transformation and use new tools to assess high-potential talent. Diversity will be key in how people hire this year, and a strong assessment of soft skills such as leadership and communication, along with digital skills will be imperative. To arrive at the right choice, companies in India are now using data, analytics and insights to make better decisions,” said LinkedIn.
Days back a report by Mercer projected the salaries are expected to grow by 10 percent across industries and career levels as organisations are likely to increase headcount in 2018. According to Mercer’s 2017 India Total Remuneration Survey, companies are likely to dole out 10 percent salary increase across industries in 2018, consistent with 2016 and 2017. The survey of 791 organisations across industry sectors found that 55 percent companies intend to hire in the next 12 months, as against 48 percent last year. “Indian industry continues to project low double-digit increases, driven by a combination of an optimistic economic environment and a scarcity of the right talent,” said Shanthi Naresh, India business leader, talent consulting and information solutions, Mercer. One in two companies are planning to increase headcount, with shared services and Hi-tech leading the pack, similar to what was seen in the past two years, the survey said.