Before the digital disruption, recruitment entailed a lot of paperwork. Job ads were mostly visible on bulletin boards and in newspapers, and resumes were either faxed or mailed. Now everything about potential candidates, from their employment history to their achievements and past projects, can be found online.
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Business News Daily reports that technology like artificial intelligence has simplified the hiring process by automating repetitive tasks like sending out job postings and sorting through applications. Technology has also made job postings more accessible as they are now available on social networking sites. Apart from AI, the Internet of Things (IoT) is also making a difference in the world of recruitment.
Here are some of the improvements the IoT has made to the recruiting process:
It creates a data-driven hiring process
Data analytics in human resources has been around since 2005, but it has never been as relevant as it is today. An Entrepreneur post notes that almost 30% of employers believe that a single bad hire can cost them a lot of money.
Big data and the IoT helps prevent this by allowing recruiters to learn more about potential hires through their social media profiles, online resumes and portfolios, and records of employment. This has allowed companies to be much more selective when they hire prospective employees and in the process has seen the demand for data scientists increase across all industries.
An article by Yoss outlines that the demand for data scientists has risen by a staggering 344% since 2015 and is only expected to skyrocket as more companies realize the benefits of crunching big data. In this case, using data analytics for recruitment means HR can now find the top talent much faster, without going through hundreds of resumes and referrals.
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It improves the employee experience
Human resources responsibilities do not stop at hiring the right employees—retention is still part of the job. With the IoT, HR can make sure employees are happy. Several businesses have already worked with healthcare providers to equip employees with fitness trackers and wellness apps that encourage a healthy lifestyle.
This allows HR to help employees make sure they’re healthy enough to do their jobs. Not only that, wearables and mobile devices can also pinpoint the recurring challenges that employees encounter during their workdays. These pieces of information can help HR and management create better working environments for their employees.
It fosters continuous performance management
Mobile technology and wearables will not only help monitor health and wellness, but it can also help keep track of new hires and employee performance. The IoT allows HR and managers to track employee performance, from the hours they worked to the number of meetings they’ve joined or how productive they have been in the previous months.
In our blog post entitled 7 Internet of Things (IoT) Trends That Will Become Mainstream in 2019, we talked about how AI is the foundation on which most IoT ecosystems work. The enhanced connectivity with AI and IoT devices can help establish a more digital culture where managers and employees connect with each other regularly to discuss performance and areas for improvement.
When the traditional hiring process is combined with today’s technological advancements, HR managers will find it easier to hire the right people for the job and retain them as well.