Employee Benefits

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Unlock the secrets of modern recruitment: Discover tips for hiring new talent in 2024 and stay ahead in the competitive market.

In the dynamic landscape of recruitment, timing is crucial, employers constantly strive to minimise the time it takes to fill vacant positions while ensuring they find the best talent for their teams, and with the evolution of recruitment strategies and the integration of technology, the recruitment process has undergone significant changes in 2024. Similarly, it is really important to boost wellbeing at work and have strategies in place to support employees when you recruit and HR can assist with this.

Let’s explore how long it takes to recruit a new employee in the current landscape.

Streamlining the Recruitment Process

Traditional recruitment methods often involved time-consuming processes, including manual resume (CV) screening, multiple rounds of interviews, and lengthy decision-making cycles. However, in 2024, organisations are leveraging advanced technologies such as Applicant Tracking Systems (ATS), Artificial Intelligence (AI), and automation tools to streamline the recruitment process.

These technologies enable recruiters to sift through large volumes of resumes efficiently, identify top candidates, and schedule interviews with ease, significantly reducing the time it takes to fill vacancies.

It’s also worth checking out places that offer temporary workers, for example, those in the medical or mental health field will be able to take advantage of services like physician recruiter companies who can give you talented and passionate staff on a short term basis.

Enhanced Candidate Sourcing

In today’s competitive job market, attracting the right people requires innovative candidate sourcing strategies; Employers are leveraging social media platforms, professional networking sites, and job boards to reach a wider pool of candidates and in doing so you can uncover some hidden gem candidates. You also want to make sure that you support your candidates, especially when you come to hire.

Additionally, employee referral programs and talent acquisition partnerships with educational institutions and industry organisations have become popular avenues for sourcing qualified candidates. By proactively engaging with passive candidates and building talent pipelines, organisations can expedite the recruitment process and reduce time-to-hire.

Virtual Recruitment and Remote Onboarding

The widespread adoption of remote work has transformed the recruitment landscape, paving the way for virtual recruitment processes and remote onboarding practices- in fact, in 2022, it is estimated that around 27% of the US workforce was working remotely and this is an upward trend that has been seen in the UK too.

Video interviews, virtual career fairs, and online assessments have become integral components of the modern recruitment process, allowing employers to conduct interviews and assess candidates from anywhere in the world. This can also be helpful to people with disabilities and mental health issues, to be able to interview from within their own home.

Agile Recruitment Strategies

In response to rapidly changing market dynamics and evolving needs, organisations are adopting agile recruitment strategies to adapt quickly to shifting priorities and talent requirements. Agile recruitment involves breaking down the recruitment process into smaller, manageable tasks, enabling recruiters to respond promptly to hiring demands and make data-driven decisions. By adopting an agile approach, organisations can reduce recruitment cycle times, improve candidate experiences, and maintain a competitive edge when recruiting new talent.

2024 is the Best Time to be Recruiting!

In 2024, the recruitment landscape continues to evolve, driven by technological advancements, changing workforce dynamics, and the need for agility and efficiency.

While the time it takes to recruit a new employee may vary depending on factors such as industry, role complexity, and candidate availability, organisations are using innovative recruitment strategies and technologies to speed up the process and secure top talent in a competitive market filled with approximately 12 million Americans every month and millions in the UK.

It is also important to support the mental health and wellbeing of new employees through the recruitment stage to onboarding and beyond, to ensure they feel settled and can thrive in your business. HR can assist with this, as well as developing wellness plans when employees begin

By embracing virtual recruitment, agile methodologies, and metrics-driven approaches, organisations can reduce time-to-hire, improve candidate experiences, and achieve better recruitment outcomes in the dynamic and fast-paced world of talent acquisition (whilst embracing employee wellbeing).

This article was written by a freelance writer

lovemyjob1

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In 2020, many startups and companies are implementing strategies or creating employee benefits that put mental health first. This is a welcome change that shows just how far attitudes towards mental health have changed in the past decade, becoming no longer a taboo.

Here are the firms that are supporting mental health amongst staff members best:

Equipsme

The London-based startup Equipsme has created an inexpensive employee benefit that means employees can benefit from comprehensive yet affordable health insurance policies. Whatever the size of the business, companies can insure staff with plans from as little as £7 per month per person.

Customers get 24//7 GP access, online health checks, nurse support and 3 physio sessions as standard with the option to upgrade to stress support for as little as £1.50 per person per month, optical and dental cover for £7.50 per person per month too.

Sweaty Betty

The hugely popular activewear brand strongly promotes to staff a healthy mind and body and keeping stress in the workplace to a minimum. How does the firm do this? Each week, it gives its employees the chance to join lunchtime yoga classes to help them relax. There is also the chance to join running clubs and start later in the day if they so wish, all with the aim of helping with stress management.

Ernst & Young (EY)

Ernst & Young makes mental health a big focus in its organisation, providing not only private healthcare, but also free online health assessments in a counselling service that can be used by not only staff members but also their families. It is completely confidential and available for 24-hours.

yulife

yulife is another exciting London startup that incentivises employees to look after their mental health by promoting healthier lifestyles. The company has radically shaken up the life insurance industry for the better with their insurance package.

For example, businesses who take up yulife insurance policies can reward their employees through earning yucoin. Yucoin is earned by engaging in a healthy lifestyle, tracked by staff in a daily app. This includes doing exercise and meditation.

By accumulating yucoin online, staff can then redeem these for real life rewards at shops, restaurants, and much more.

Innocent smoothies

The company is known for providing a range of employee benefits that puts the needs of its staff first. This is particularly the case when it comes to mental health. For example, the smoothie firm is dedicated to reducing work stresses through the inclusion of a free gym and breakfast to all staff. It also provides a yoga club to its employees and a 100% confidential 24 hour employee assistance programme that means they can talk to someone privately if they need to.

This blog was written by writer Daniel Tannenbaum.