New Report: The Future of Talent Acquisition in Uncertain Times 2020

There’s no doubt that 2020 has presented unforeseen challenges in all areas of our lives, including talent acquisition.

Last year at this time, HR professionals were faced with the tightest labor market in decades and record-low unemployment.

As a result of the impact of COVID-19, we now face record-high unemployment, a growing pool of job seekers, and an uncertain talent acquisition (TA) landscape.

JazzHR partnered with HR.com’s HR Research Institute to produce a brand-new research report: The Future of Talent Acquisition 2020. Together, we surveyed 300+ HR professionals to understand how they’re adapting.

Here are our top takeaways for you and your team:

Take a close look at your TA strategy now to stand out in the future

When asked about their organizations’ current talent acquisition function, our survey respondents cited room for improvement. Less than 10% rated their company’s recruiting approach as top-notch compared to others in their industry, and less than a quarter say theirs is advanced.

Even if you’ve frozen your hiring efforts temporarily, start thinking about rebooting your strategy now. Use this time to audit your team’s current process, focusing on opportunities for improvement through automation. Having a plan in place will give you a clear leg up once you begin hiring.

Helpful resources include:

Don’t let current uncertainty lessen your focus on quality of hire

While most survey respondents said that hiring great talent is one of their top ten priorities, less than a quarter said it was their number one priority. Respondents also cited uncertainty about the future as a major barrier in talent acquisition.

De-prioritizing the quality of the candidates you attract can set your team up for a costly bad hire. Decide what quality means to you and your team and make a plan to attract your ideal candidate.

Helpful resources include:

Choose an integrated video solution for streamlined remote screening

Of all available recruiting technologies, applicant tracking systems are most widely used. But despite the recent shift to remote work, less than half of teams hare utilizing video interviewing technology. Less than a quarter of respondents said that their recruitment tech stack is very integrated.

As uncertainty dominates the headlines, remote work is here to stay. In order to stay competitive and maintain recruiting momentum, it’s critical to select a video interviewing solution that meets your team’s unique needs.

Helpful resources include: