Bulgarian Recruitment Trends In 2021
As COVID-19 recedes and life regains normality, now is a good time to look at some of the Bulgarian Recruitment Trends In 2021 which we are experiencing. There is no doubt that COVID-19 has had a big impact on many facets of HR, and recruiting is no different.
Remote Interviewing
Remote interviewing has become one of the important Bulgarian Recruitment Trends In 2021 and a necessity for hiring during the COVID-19 pandemic, where work-from-home orders are in place and candidates are unable or unwilling to travel to interviews. Technology has been used to facilitate collaborative hiring by making it easier for other departments to participate in the interview and selection process.
During a remote interview, you can record the interview:
- Negating the need for the interviewer to take notes.
- Improving efficiency because candidates are more able to find time in their day to attend a virtual interview.
- Making it easier to fairly compare candidates when you can simply playback answers to specific interview questions.
Candidate Experience
Enhancing the candidate experience by upgrading career sites and using surveys to get feedback from candidates are two ways employers have improved their candidate experiences. Candidates want career sites that are easy to use and can help them quickly and easily set up a profile, search for jobs and apply.
The way companies communicate with candidates, organise and conduct interviews, and execute follow-up processes show candidates how professional an organisation is and whether they would want to work there.
In addition, recruitment marketing and career site software have helped personalise the hiring process and gather analytics to help improve the candidate experience.
Diversity and Inclusion
Businesses with a diverse workforce and inclusive workplace have better productivity and profitability. Many organisations are looking to boost the diversity of their workforces and recruiters are responsible for identifying and bringing a wider diversity of candidates into the talent pool.
With businesses facing a prolonged period of disruption and uncertainty, staffing the workforce is becoming increasingly difficult. Fluctuating needs and short-term operations require flexibility, and contingent labour can help in meeting these demands.
Over the past few years, there has been an upward trend in using contingent workers and creating a hiring process expressly for them. The talent acquisition process is different for contingent workers than it is for full-time employees, and organisations need to be set up to seek out, recruit and process these types of hires.
Develop Agile Workforces
In 2021, recruiters are focusing on developing agile workforces. In this scenario, highly-skilled, specialist workers are recruited to offer their expertise, innovative solutions, and alternate perspectives. These employees would be expensive to hire on a full-time basis but are increasingly crucial to an organisation’s success.
Organisations are also building agility internally with its existing workforce by using employees out of their comfort zones, committing to cross-functional internal recruitment, and fostering a culture of innovation, creativity, and experimentation.
Use of Analytics
The use of analytics across talent acquisition processes helps deliver data-driven decision-making and insights to identify areas of strength and weakness, as well as help reduce the cost of talent acquisition practices, identify problems and blockages in the process, and fill vacant roles more quickly.
Analytics can help provide recruiters such metrics as the following:
- Source of hire
- Time to fill
- Time to hire
- Age of job (how long a job has been open)
- Offer acceptance rate
- Cost per hire
- Quality of hire
- Vacancy cost (how much it costs the organisation while the position remains vacant)
Artificial Intelligence also took place in Bulgarian Recruitment Trends In 2021
AI is trending because the technologies can do highly repetitive manual tasks while simultaneously adding value and automation to the talent acquisition processes. The technology can source, screen, sort, and rank candidates to create a pipeline of qualified candidates that are likely to succeed in vacant positions, based on the skills and potential gleaned from candidate profiles, resumes and social media.
Recruitment chatbots can also help engage candidates and provide details about jobs while they search.
Intelligent recruitment tools can take on many of these tedious tasks including:
- Candidate screening using machine learning or predictive algorithms
- Creating job descriptions
- Applicant tracking systems
- Interview scheduling
- Candidate communication such as automated emails and chatbots
- New-hire monitoring
- On-boarding programs
Retention-Focussed Hiring
Limiting turnover rates is a top priority for recruiters in 2021. This can be achieved via thorough interview processes, assessing growth potential and candidates’ loyalty, and robust diversity and inclusion programs.
Workplace Flexibility
Not only do employees value the opportunity to share feedback on their experience of the recruitment process, but they want the option to negotiate on contractual terms. Retention rates improve among candidates who were given the chance to negotiate on benefits, flexibility, and career progression.
Increased Transparency in The Recruitment Process
Transparency throughout the recruitment process helps to keep candidates engaged and focused. This includes:
- Selection process
- Salary range
- Benefits package
- Recruitment timeline
Candidate Relationship Management (CRM)
CRM is the process of establishing and maintaining strong and meaningful relationships with past, current, and potential candidates. In doing so, you will build out your talent pool, which can be used as and when new positions open.
Fairer Recruitment Processes
- In 2021 there is an adoption of a fairer recruitment processes including:
- Providing leadership teams and managers with interview training
- Including several people in the recruitment process
- Setting clear goals and expectations for each open position
- Setting interview questions for each position so all candidates are assessed fairly.
- Maintain regular contact with candidates between recruitment stages and during the decision-making process.
Increased Skill Testing
When candidates are assessed and recruited based on their intrinsic talent, rather than background or former experience, they are more likely to perform highly. In addition, skills testing contributes to removing unconscious bias from the recruitment process, resulting in happier, longer-term hires.
Online Employer Branding
In 2021, candidates will look to work for organisations that take a clear stance on key social issues, which means recruiters will focus more closely on employer branding. There will be a notable shift from recruiters selling an organisation’s benefits program or office amenities, to talking about how the company is supporting its diverse employees and the initiatives they support.
Social Media Recruiting
Social media has become the driving force of interpersonal communication and took important place in Bulgarian Recruitment Trends In 2021. That means, to target top talent, you need to be where the people are. Posting jobs on social media or attracting potential candidates by interaction will continue to be essential.
Project-Based Contract Hiring
For many people, freelance project work is still preferred, and companies are on board with bringing in these contractors.
Employee Wellbeing
Workplace related stress can cause several long-term health problems, and companies are starting to understand how their actions are complicit.
Work/Life Balance Facilitation
In remote work settings, companies still need to respect start and end times and not expect employees to access work after hours just because they are working from home.
Human Resources Outsourcing
Reducing overhead by having an in-house HR department may no longer be the most critical use of the company’s budget. HR Outsourcing through organisations that provide exactly this service can improve the processes behind the scenes.
Top Skills Recruitment offers an HR outsourcing solution if your organisation wishes to reduce its dependency on in-house for the recruitment process.
