4 Innovative Strategies to Hire Best Talent Off-campus

4 Innovative Strategies to Hire Best Talent Off-Campus

4 Innovative Strategies to Hire Best Talent Off-campus

Date: 30/08/2018 | Posted by: MeritTrac | Category: Corporate

Empirical evidences have proved that there is a huge disparity between the skills produced by the country’s academia and the ones that are in demand by the industries. With this existing challenge of staying ahead of competition, it is even more difficult to pick the right candidates off campuses. Companies are now adopting new and innovative ways to hire talent produced on college campuses.

Recruiters know and understand that the need of the hour is to adopt new-age, tech-driven hiring techniques. A LinkedIn survey has already proven this and rated “innovative strategies” as a critical area to focus on.

So, what are some of these innovative ways that can be used as a hiring strategy to absorb the best talent off campuses?

Build an employer brand using Virtual Reality (VR)

In today’s age, the companies not only expect the candidates to exhibit their skills, but they are ready to go a step ahead by proving their own worth to the candidates. Companies are working on hiring the best talent while establishing that they are a great place to work. In a recent example,Jaguar partnered with the Gorillaz (a virtual British Band) to build an interactive skill-based mixed reality app for recruiting top engineering talent. This global initiative by Jaguar aimed to hire over 1000 engineers for their expanding Land Rover segment. In a similar instant, Marriot joined hands with Facebook to experiment a game based assessment for the former’s recruitment drive. The company used this VR platform to engage top talent as well as convey the rigorous environment inside a Marriot kitchen.

Conduct a National Hiring Day

Ranking high on the list of innovative hiring ideas is arranging a well-planned annual recruitment event, often referred to as a National Hiring Day. Companies such as Convergys, Mc Donald’s and Macy’s have been known to adopt large-scale hiring drive to attract the right talent. This sort of hiring gains tremendous external publicity which is advantageous for high volumes of hiring. This strategy also invites a lot of free publicity which makes it a cost-effective move for the recruiter. In instances, where high speed and big volume of hiring is imperative for the business, announcing a specific day or days for hiring can show instant results. The high volume also impacts the instance of job offer acceptance positively. This approach has a dual advantage for the company i.e. along with high volume of hiring, it also speaks of the growth image of the company, externally.

Use remote recruitment model to tap into colleges from distant locations

In the current time and age where geographical distance is no more a barrier in communication, companies have realised the need to allow their recruitment process to also reach beyond such boundaries. Companies such as Linkedin have also considered crossing geographical lines in order to find the best talent for their teams. The company has been recruiting this way over the years, and also recommends the same to other companies that aim at hiring a diverse and highly skilled talent.

AI-based technology to identify best prospects

The recruitment market is also making its efforts to move along with current trends in technology. Companies that understand the need to apply the latest trends in areas such as production and marketing, also tend to realise the same need for their recruitment process. Jeanne Meister (founding partner of Future Workplace) mentions that recruiting, along with employee training and development, is most likely to get affected by AI-enabled chat bots. AI is growing to play a significant role in the hiring process in terms of both the quality and the quantity being recruited. With the ever-growing data of prospective candidates and the high-touch procedures involved in hiring, AI is being used to reduce the manual burden. Low-level tasks, such as scheduling interviews and filtering the data base are being done by AI to provide useful information to the recruiters.

These are some of the innovative solutions that the new-age recruiters are resorting to find and absorb the best talent from universities and colleges.