Executive search Top Trends in Executive search firms in India to consider for 2018

A strong and robust employer brand
of Executive search firms is critical for companies seeking to attract the best
talent. When a company engages an executive search firm
in India to help find & hire senior talent, the firms response to
the market can either profit or hinder the brand. Therefore such companies need
to follow the new and emerging trends to compete on the global platform. 2018
will see some alternations in the recruitment space, along with an acceleration
and modification of known trends. Universally, sourcing the best-quality
candidates for key roles will continue to be a core competitive advantage. Employers
are always seeking ways to modernize and, in turn, avoid costly bad hiring.
Here is a look at some exciting trends in Executive
search firms in India that will make the most significant impact in the upcoming
year & beyond.
· Advanced Data Analytics in Recruiting- As it did
in the year 2017, recruiting will shift away from a decision-based model to the
data-driven approach. It is believed that data-driven recruiting transforms
candidate tracking and enables the creation of a high impact recruitment
process that delivers applicants that better match the technical necessities of
a job. The Best-quality data analytics programs have already been applied to
customer data to help companies make better strategic decisions. Candidate
information are gradually getting the big-data treatment so hiring managers can
quickly and easily locate the candidates with talents that appear to be a fit.
Data analytics are certainly a trend at the fresher or entry level hiring. At
the top management levels these approaches are also certainly serving to speed
the process by allowing skilled recruitment consultants to more easily get
their arms around and identify the right group of candidates.
· Growing Trend of Remote Workforces- Remote
workforces are turning out as a growing trend. The reality is that a growing
amount of potential hires will consider flexi-hours or remote working as part
of the package and this should be a consideration when crafting or evolving
roles within the company. It might not always be the simple transition and it
will not be suitable for every single position within a company. Companies must
leverage sophisticated technology while setting clear expectations on accessibility
and productivity if a remote workforce is going to be successful.
· Glance on Passive Candidates-
Headhunting will continue to be a crucial aspect of the recruitment process in
the year 2018. Though, the expectations have altered and simply sifting through
resumes & researching applicants on career websites will no longer cut it.
Automated messaging and social media platforms and have made it fast and easy
to stay in contact with applicants. Targeting candidates through their
interests and using manifold methods of communication will allow organizations
to stay in touch with their pool of aspirants. Organizations targeting long-run
growth need to develop a network of potential candidates.
· Improved way of Job Postings- It is not
enough to put the job posting on a job board, sit back, and hope for the results.
Job postings are gradually being tweaked and optimized not just to define the
role, however to sell your company as an employer. Make sure you brush up on
the up-to-date compliance.
· Focus on Retention- Continuing
departure among new hires is one of the major challenges expected in 2018. It
was a 2017 trend that is predictable to remain into the upcoming year. Every
single Company must need to focus on retention levels by offering flexible hiring
options, providing well-being perks & on-the-job training options. Companies
must be competitive in their benefits/ compensation package offerings in order
to retain the best talent for the long-term.
These are just a sampling of some
of the expected hiring trends we will see in 2018. With so
many radical changes, the face of the executive recruitment industry is going
to change in coming years.