The last couple of years transformed how the world works and the tech industry is no exception. Remote work, candidate-driven market, automation are some of the tech recruiting trends that were born out of the pandemic.
While accepting the new reality and adapting to it is the first step, keeping up with the continuously changing hiring trends in technology is the bigger challenge right now.
What does 2024 hold for recruiters across the globe? What hiring practices would work best in this post-pandemic world? How do you stay on top of the changes in this industry?
The answers to these questions will paint a clearer picture of how to set up for success while recruiting tech talent this year.
Recruiters, we’ve got you covered. Here are the tech recruiting trends that will change the way you build tech teams in 2024.
Data-driven recruiting strategies are the answer to effective talent sourcing and a streamlined hiring process.
Talent acquisition leaders need to use real-time analytics like pipeline growth metrics, offer acceptance rates (by team, department, and location), quality and cost of new hires, and candidate feedback scores—to help them reduce/eliminate manual work, improve in critical areas and hire the best talent.
The key to capitalizing on talent market trends in 2024 is data. It will help you to analyze what’s working and what needs to be tweaked leaving you room for experimentation.
98% of recruiters believe promoting company culture helps sourcing efforts as seen in our 2021 State Of Developer Recruitment report. Having a strong employer brand that supports an equally strong Employer Value Proposition (EVP) is crucial to swaying candidates’ decision to work at your company.
As recruiters, you have to evaluate what your culture stands for and how candidates can be successful at the workplace. You have to be specific about what EVPs you are offering. Perks like upskilling opportunities, remote work processes, flexible working hours are some of the top EVPs that attract qualified candidates.
A clear, well-outlined EVP builds a healthier company culture, which includes better work-life balance, prioritizes mental health, and encourages remote/hybrid work. This in turn strengthens your employer brand as these policies are candidate-friendly and put them first.
Katrina Collier, HR and Recruitment facilitator, said in her newsletter that 2021 was the most candidate-driven market she had ever seen in her 18+ years of career. And she’s got it right.
The pandemic drastically increased the skills gap and recruiting tech talent has become an uphill struggle With the severe shortage of tech talent, candidates hold more power in choosing whom to work with—they can afford to be picky.
Simply dangling a competitive pay package will not cut it anymore. Utilize data-driven recruiting to find out what candidates look for in an ideal job role. Is it work-life balance, a healthy company culture, remote work options, or investment in learning and development?
Recruiters and hiring managers need to get creative to stand out from the crowd and attract the cream of the crop.
Recommended read: What NOT To Do When Recruiting Fresh Talent
Fairer representation and inclusion in the tech industry throughout the world have come to the forefront in the last few years. It has become a key focus of modern recruitment.
While our survey shows us that D&I may have to take a backseat at times to quickly fill open positions—25.6% of our HR respondents believe having a diverse executive team, and improving connections with grassroots student communities can improve their diversity pipeline and fend off biases.
This is further supported by the fact that above-average profitability is 25% higher for companies in the top-quartile for gender diversity in leadership and 36% higher for those with ethnic diversity as seen in McKinsey’s Diversity Wins report.
Recruiters have also experienced candidates turn down job roles due to a lack of DEI representation at the workplace. This is the time to be more intentional about building a diverse tech team to stay relevant and reap the full advantages of D&I in 2024.
It’s refreshing to see the importance of an inclusive culture or to see its popularity as a deal breaker increasing across every job seeking community , including that of the tech community. This reiterates the message of how D&I is not a good-to-have as a culture, but is a must-have that makes absolute people – business sense.
— Swetha Harikrishnan, Sr. HR Director at HackerEarth
Recommended read: Diversity And Inclusion in 2022 – 5 Essential Rules To Follow
With the hype that artificial intelligence like ChatGPT, the world of automation has turned the tables. This simply means that the upcoming years are going to see AI fully embedded in every organization’s process—and recruiting is no different!
If, as a recruiter, you have faced enormous challenges in communicating with the candidates: extremely delayed updates, less to no feedback on how the candidate performed in the interviews and
Looking at it from a recruiter’s perspective, regular communication with the candidates is one of the most difficult parts of their job. Manually emailing prospects to nurture them or keeping a large number of candidates in the loop is time-consuming, labor-intensive, and not sustainable.
In 2024 and beyond, recruitment automation trends like automated nurturing and AI for recruiting platforms are what will both eliminate the needless complexity and inefficiency of manual communications and ensure you personalize your team’s candidate outreach. This serves to provide a positive candidate-first experience as well.
The future of work is mostly remote/hybrid. Remote work has mandated that tech hiring become a more collaborative process, and accelerated the adoption of tech recruiting platforms. What was a forced necessity last year, is here to stay.
32.5% of companies say that they plan to be completely remote this year. And that should translate into remote hiring practices. More and more candidates are expecting remote work and remote hiring processes.
Remote recruitment saves time, expenses and increases efficiency while also opening the doors to a larger talent pool not limited by geography.
When recruiters don’t respond to candidates in a timely manner, and update about the screening status—whether they are moving with the candidate to the next round or not—gets the candidiate disappointed.
Candidates expect constant engagement from organizations. That’s what Narayani Gurunathan, the CEO of PlaceNet Consultants emphasizes upon.
As the recruitment landscape continues to evolve, companies are placing increasing emphasis on proactive candidate engagement to attract and retain top talent. In 2023 and beyond, this trend is set to take center stage, with a particular focus on engaging with both active and passive candidates.To stand out in a crowded marketplace, organizations will implement innovative strategies to capture the attention of potential candidates, more so due to the remote hiring environment, Use of technologies such as chatbots and AI-powered feedback systems will play a dominating role here.In addition to technology, building relationships with passive candidates and creating pipelines for future talent needs will also emerge in this new landscape. By investing in the candidate experience and taking a long-term approach, companies will build a strong employer brand and create a competitive advantage. Ultimately, the goal of proactive candidate engagement is to create a positive and personalized experience for candidates, meeting the talent needs of the organization and augmenting employer branding. Thus by prioritizing this trend in 2023 and beyond, companies will not only build a reputation as a desirable employer, but also attract the best talent to achieving long-term success.
Recruiting tech talent that is qualified is complicated. It is also competitive, difficult, and long. We, at HackerEarth, aim to make it simple. HackerEarth for Enterprises presents a complete suite of products that unites every step of the employee lifecycle, right from attracting, sourcing to interviewing—making the lives of both developers and recruiters easy!
Effortlessly hire the best developers with our tech recruiting platform that offer features like:
Recommended read: The A-Zs Of Tech Recruiting – A Guide
Staying abreast of tech recruiting trends, improving your hiring processes, and adapting to change is the way forward in 2024. Take note of the technical recruiting tips and patterns in this article to inform your hiring strategy for the better.
Are you ready to begin streamlining your tech recruiting process? Go on then, take HackerEarth for Enterprises for a quick spin to know more.
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