Tag: Recruitment

How Has The Market Size Of India’s Recruitment Business Increased?

Recruiting agency for companies in India
Posted on by b3brain

A closer look at the recruitment business in India will make you realise that its market size has increased drastically in the last few years. Anyone with years of experience in the staffing business will agree with the fact that there are now hundreds of companies scattered all over India which require skilled professionals for various projects. Whether they are looking for IT staffing, direct hire, sales staffing or engineering services, there are numerous placement consultants to help them out.

A Change In India’s Staffing Trend

According to a study conducted recently, the trend India’s staffing industry follows has changed drastically in the last few years. Check out loansflow.co.uk and there have been some major changes in this sector as new industries like telecom, e-commerce and insurance has emerged, the tenure of senior executives has become shorter and the junior executives can now choose from numerous job opportunities. IT and engineering industries have augmented their cyclical needs to make complete utilisation of staff outsourcing. Contract-to-hire models are being utilised by larger brands to test the talent of the professionals before boarding them.

How India Is Planning To Project Itself As A Large Market For Staffing?

The staffing space has matured globally as a formalisation of employment was pushed at a faster rate due to GST and demonization. Companies can’t deny the importance of time workforce. Some of the large companies are also trying to reach out to the rural markets with the motive of market penetration and so they now require huge workforce. The staffing industry is also growing because of the large demand for contractual staff. The increased market size of recruitment business in India and the thousands of placement consultants scattered all over the country proves that it is planning to project itself as one of the largest markets for staffing.

The Growth Witnessed By The Specialist Staffing Business

Lower bench strengths have become a necessity for IT companies. This means that predicting the skills the IT industry will require in the next few years has become a daunting task for organisations. Automobile companies are also trying their level best to maintain the existing market demands while at the same time include the latest green/electric vehicles. All these have become vital reasons behind the growth of the specialist staffing business. Since India is now ready to deal with all the challenges faced by our staffing industry, it’s time companies also start making full utilisation of the renowned recruitment consultants.

How Will Artificial Intelligence Impact The Future Of Recruitment?

Posted on by b3brain

Are you a recruiter who is on the lookout for ways to make your jobs more manageable and lives easier? Artificial Intelligence (AI), the task-reducing technology can come to your rescue. Wondering what makes AI so beneficial for your recruiting agency? Read on to know more!

One of the ways that Artificial Intelligence is expected to reduce the workload for your recruitment team is by reducing their workload, making the mundane tasks of hiring and recruiting easier. The technology can automate many of the responsibilities which are arduous and time-consuming for employees, making it beneficial for every small and medium enterprise. Thus, artificial intelligence is expected to be a more efficient and faster alternative for organisations to make it a part of their HR efforts.  

Check out how AI can change the recruiting and hiring practices in the near future!

5 Ways Artificial Intelligence Will Change The Future Of Recruitment

  1. Hire Smarter And Faster

Experts predict that bots will be able to scan and identify the best candidature in a batch of applicants. Scheduling will soon become an automated process and natural language processing will allow for a more responsive candidate experience. Situational and behavioural interview assessments will influence predictive and AI analytics for capturing both qualitative and quantitative data and ensure the right match.

  1. Allows Thoughtful Recruiting

Artificial intelligence is already filling the gap of limited human time and bandwidth efficiency in a never seen before way. Few systems can even interview and follow up with the candidates, assuring you of an unprecedented communication process in the hiring process. When you combine that with the advances perception and keyword matching, it results in a fine-tuned recruiting system.

  1. Minimises Hiring Bias

A top recruiting agency for companies in India sees artificial Intelligence as a great hiring tool. In the coming year, more soft skills will be assessed along with a psychological profile by using some form of Artificial intelligence as a screen. If put another way, the hiring bias can be easily minimised by using artificial intelligence.  

  1. Boosts Efficiency

It is expected that more and more companies will be using artificial intelligence for scanning schedule interviews, resumes and send routine emails to improve the efficiency of companies and candidates. This will improve the candidate experience by making early interactions more personalised, thus laying the foundation for relevant and genuine interviews when the hiring process proceeds. Artificial intelligence can enable real relationships between candidates and companies.

  1. Perfect Searching And Outreach

Artificial intelligence’s next big boost to recruiting and hiring is expected to come from more effective outreach and sourcing. Referrals are set to remain the top source of hire owing to their data-backed effectiveness. However, hiring beyond that will require sorting through thousands of potential candidates and reaching out in a personalised way to for starting a conversation. This is because AI will be better at both searching and outreach.

Artificial intelligence is changing the recruitment industry gradually. While it’s true that some tremendous and AI driven applications are already out there, their number is likely to go up in the future. So what are you still thinking of? It’s time to employ artificial intelligence for improving your candidate experience and quality of hire!