2016 coming to a close and the New Year beckons. Meanwhile, LinkedIn has released its recruitment trends for 2017. The Small and Mid-Sized Business Recruiting Trends 2017 is based on responses from over 2,600 corporate talent acquisition leaders. The responses came from SMEs in 35 different countries. All the survey’s respondents were at a manager level or higher. Read on to find out what the report revealed.
As our followers will know, our ethos has always been to stay on top of new and emerging recruitment trends. We look at some of the key points raised.
Key Recruitment Trends for 2017
1- Recruiters will be busier than ever and there will be a focus on quality hiring
If you thought 2016 was busy in terms of recruitment, then 2017 looks set to be even busier. According to the report, recruiters will have their work cut out in the coming year. It is expected in 2017 that 57% of SMEs will see their hiring volume increase. Furthermore, SMEs will take steps to measure the success of new recruits. They expect to achieve this by focusing on the length of time new employees stay at the company. In addition, by measuring the satisfaction of their hiring manager, and how long it takes to fill a role.
2- Boosting employment diversity
The LinkedIn report also found there will be a focus on boosting diversity in workforces. By automating the screening and hiring process, it is expected that human biases will be eliminated and time limitations reduced.
3- Executive talent recruitment
Another finding of the report is that tighter relationships are expected between talent leaders and company executives. LinkedIn also anticipates that closer relationships between talent leaders and executives should give SMEs a “competitive edge over their larger competitors.”
4- Employer branding budgets are set to rise
The report found that 70% of SMEs’ recruitment budgets are spent on recruitment agencies, jobs boards and recruitment tools. One key trend identified by the survey is the urge to shift the primary focus of investment to employer branding.
5- A greater focus on company culture and career growth
77% of the leaders surveyed in the LinkedIn study acknowledged the importance of employer branding in talent attraction. It also acknowledged that the most significant aspects of an employer that candidates want to know about is company culture, career growth prospects and company challenges.
The report made it clear that businesses will be focusing on finding quality candidates this year. Additionally, more than half of SMEs forecasting their hiring volumes will increase. It, therefore, seems that professional recruiters will be in even greater demand in 2017.
If you need any advice on recruitment trends for 2017, why not get in touch? We’re experts in finding the right talent for businesses, first time round.