How COVID-19 Has Impacted Talent Acquisition

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Talent acquisition across the globe has been majorly impacted by COVID-19. The pandemic has wreaked havoc on the world economy. However, hiring still seems to be a key priority for several companies.

Several employers are faced with new challenges in hiring new talent. Businesses that are termed as essential services require staff to be physically present, to serve customers, care for sick patients or distribute products. Recruiting employees to fill these essential roles is rather complicated as many people are reluctant to be physically present in offices.

On the other hand, many companies are encouraging remote work and are actively acquiring talent virtually. Several new employees have now experienced a completely virtual hiring and on-boarding process.

It is necessary for companies to think out-of-the-box while continuing the hiring process. Let us consider how COVID-19 has made organizations implement new approaches to hiring new employees.

Talent acquisition from anywhere

The expansion of the talent pool is the most notable change in the recruitment process. Organizations today are able to hire talent from anywhere around the world. The “new normal” of a post-COVID-19 workforce has increasingly embraced remote working. 

Organizations are now hiring employees and encouraging a work from home culture, irrespective of where the company is located. Employees, therefore, are working from their hometowns since travel restrictions and state-wide lockdowns have made relocation or travel to the city of work impossible.

Several companies have also moved towards establishing a hybrid working model. Google is one such example, allowing employees to work remotely for most days in the week, while requiring physical presence in offices only once or twice every week.

Research from Motus indicates that 40 percent of Generation Z and millennial professionals prefer flexibility in choosing where they work. Many employees in today’s time of financial uncertainty are in favor of relocating from expensive metropolitan areas to more-affordable suburban areas.

The interest in working remotely, however, has been prevalent since before the pandemic struck. Research from Gallup in 2017 reveals that 37 percent of workers would move to a job that permits them to work remotely at least for a few days in the week.
Now that remote working has become the “new normal” after COVID-19, one can assume it has become a trend that will stay.

New ways to connect with employees     

The pandemic has necessitated companies to devise new ways of staying connected with their employees. This has also given rise to new methods of on-boarding new hires. 

According to a 2020 Recruiter Nation Survey, Jobvite, 67 percent of recruiters conduct interviews via video while 40 percent of recruiters believe virtual interviews will become the default method of talent acquisition.

Harnessing the capabilities of video conferencing and video calls to conduct interviews or screen potential candidates for employment has enabled organizations to conduct more thorough interviews. Video interviews are also cost-effective and help employers save time. This allows them to schedule multiple interviews throughout the business day on virtual platforms such as Zoom or Microsoft Teams.

Safety is a priority

In a post-pandemic work environment, companies need to consider employee safety as a major part of their hiring process. New applicants often have concerns about accepting new employment and employers need to satisfactorily address these concerns.

Companies today need to be transparent about flexibility with working from home during the COVID-19 crisis. Employees’ safety and well-being should be a top priority for employers.

New employees are also often concerned about the financial stability of a prospective employer. The assurance of job security for new employees in a company is of paramount importance, especially in post-pandemic times.

Talent acquisition reimagined 

While COVID-19 has irreversibly changed the world, talent acquisition and employment too has seen radical changes which will, going forward, define the hiring process of the future.

Also read: How To Make The Right Career Decision

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