The recruitment industry has undergone a complete makeover. Paper printouts of resumes have become old-fashioned. Nowadays, digital applications are the rage. Everything is done online. Right from resume download to resume processing – the entire process has turned digital. The challenges and competitions have changed and so have the priorities. Following are the top five areas where top recruitment agencies in India are redefining the job market:
- To Look For a “Needle In The Haystack” – One of the biggest challenges that the top recruitment agencies in India face is the lack of good resumes. Job portals are filled with resumes but very few of them are up to the mark. There are still many candidates who have no idea how to format a resume. Others don’t know how to highlight the work done over the years. There are still many that don’t mention their educational qualification and even their contact details. As such, finding the right resume is nothing short than a task. Recruitment agencies nowadays have a team that goes through resumes and downloads the ones that fit all the criteria of resume formatting. They then update their database accordingly.
- Shrinking Budgets is Another Area – With the advent of job portals and referral programs, there is a stiff competition that recruitment agencies have to face from them. To redefine the job market, the recruitment agencies created their own accounts in social media platforms to step up the hiring process. Almost all the major recruitment agency players have a prominent presence in the social media platforms. This helps them to reach out to a wider base of candidates on a daily basis.
- Candidate-Driven Market Has Changed The Power Dynamics – The dearth of good job openings and poor pay scale has changed the dynamics in favour of experienced candidates. They are settling for nothing but the best. And to initiate the process, the big corporate organisations are depending on the recruitment agencies. They are the experts in this filed. They know how to post the job opening, how to highlight it. They are efficient in talking to the candidates and convincing them to appear for the interviews and finally closing the opening.
- Turnaround Time Is Less – With the need to deliver matching resumes on time is becoming a major issue. More and more recruitment agencies are coming up with a dedicated team of recruiters for each of their clients. As such, the turnaround time taken is very less.
With competition on the rise, recruitment companies are constantly changing their recruitment strategies. As such, this is having its due effect on the job market. If your company is looking for the best possible candidates then you need to hire the services of a recruitment agency. There is no alternative to them. So, what are you waiting for? Go ahead and make a list of the recruitment agencies that you would like to check out. Give them a call to find out what is the process of hiring their services so that you can proceed accordingly.