What’s new in HR in 2018?3 min read

Happy first of February Jobboard Finder blog readers! The first month of 2018 has been a long one and it has set the tone for the HR and recruitment industries for the rest of the year. What with grouping together for a common goal, exploring more diverse hiring practices and pondering just how crucial Artificial Intelligence is going to be in the future to Human Resources, there’s already a lot to reflect on. So without further ado, here’s what’s new in the HR world in 2018.

Corporations club together to explore healthcare options

Hard to ignore in HR news this week is the announcement that three corporate giants, Amazon, JP Morgan Chase and Berkshire Hathaway are teaming up to find another option regarding healthcare for their employees. The companies declared they would form an independent health care company for their employees in the United States. With nearly half of all Americans reporting that they are to some extend dissatisfied with the healthcare coverage provided by their employer, and fast-increasing medical costs, this move shows the pressure on businesses’ HR departments to step up for their employees.

Diversity set to be recruitment’s biggest challenge of 2018

It has been voted the top trend that will shape the future of recruitment, and for good reason: diversifying their workforces has become the number 1 thing for many companies to focus on this year. Hiring more diverse employees can be beneficial in a huge array of ways: wider representation of your customers, better public image and even a higher creativity in ideas as a more diverse range of ideas and voices are taken into consideration.

Cryptocurrency for recruitment

In Asia a new cryptocurrency has been developed for the recruitment industry. The currency, called HIRE, will run on Recruiter.com, the international recruitment marketplace, and aims to add value to the recruitment process at multiple stages. It will be used to transfer recruiter placement fees in real time, as well as for purchasing job adverts and directing candidates towards these.

Recruitment talent shortages

Some companies are seeing shortages in their candidate pools – through their own making. The number of job postings with extremely long and specific requirements and employers expecting perfect matches for these are increasing, and this is actually driving the most qualified talent away from such companies. Businesses are also making mistakes when it comes to onboarding new hires, and putting off new employees from staying with the company long-term.

AI is still key in all of this

Alternative Intelligence’s role in HR will become even more prominent in 2018. Making recruitment faster, easier and smarter, intelligent automated processes can be observed in every aspect of HR functioning, such as seeking out passive candidates in the recruitment stages, using an Applicant Tracking System (ATS) and increasing the efficiency of everyday HR processes.

And there we have it! That’s what we have to report for HR News this January 2018. We hope this information was helpful and that you have had a great start to the New Year.

For both employers and job seekers, Jobboard Finder is the first decision-making tool for recruitment campaigns and job searches. By gathering tools and services that recruiters can use to search and compare employment websites from all over the world to find the best job search sites, it really is the best solution for recruitment needs. Today recruiters can also purchase job advertisements for the media they have selected and manage their postings directly from our unique platform. Then they can rate and review the job boards they have used in the past for our community of professionals to see.

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Author: Cara Moore