5 Influential Technologies Affecting Recruiting This Year

Like most industries, recruiting is constantly changing. As new technology is introduced, the field continues to become more efficient and effective. Watch for these five influential technologies affecting recruiting in 2019.

1. Marketplaces

Marketplaces serve as a platform for employers to connect with recruiters. Due to reduced administrative requirements, vendor management and competitive placement fees, marketplaces are cost-effective. Also, having a centralized platform increases recruiter productivity and reach. Since marketplaces collect and store information on candidates’ resumes, skills, websites, LinkedIn profiles and more, hiring is more transparent and efficient. Plus, recruiters see candidates’ goals and learn more about them and what they want in their next role, which facilitates conversation and aids in proper placement.

2. Gig Economy

Recruiters face an even greater need to adopt new mobile and socially integrated communication technologies and platforms, such as Skype interviews or virtual reality video conferencing, to attract and place gig workers. Also, more HR technologies focused on worker onboarding, engagement, learning and career planning will develop.

3. Social Recruitment

Social recruitment involves clearly defined objectives and a target audience to determine which platforms are most effective in sharing a company’s job openings. For instance, visual platforms like Instagram are more suited for graphic designers and other creatives, whereas Twitter is more populated by IT and tech professionals. Also, social recruitment lets a company leverage social data to determine a candidate’s fit. For instance, Google Alerts and Radian6 let employers monitor candidates to see whether they fit with an opportunity. Additionally, many professionals engage on sites that fill both social and professional needs. For instance, Dribble is a community for designers, whereas GitHub is a platform for software developers.

4. Predictive Analytics

Predictive analytics uses historical data to make predictions about the future. For instance, predictive analytics can consider industry, location, occupation and other elements to provide customized recommendations and get better responses to job postings. Also, predictive analytics can automate resume ranking, and shortlist and prescreen candidates, which increases the quality and diversity of new hires.

5. Artificial Intelligence

AI software programs and tools lower costs, reduce inherent biases and improve the quality of hires. Recruiters have more time to invest in fostering relationships with talent. For instance, chatbots can speed up the hiring process and enhance the candidate experience by assessing a candidate’s resume, online presence and fit with the role. Also, AI recruiting video interview platforms can evaluate the quality of a candidate’s voice, voice energy, pace of speech, use of fillers, answers, facial micro-expressions and body language. Plus, AI can determine whether a remote worker will be honest and ethical and appropriately represent the company if hired.

Contact the Seasoned Recruiters at a Leading Chicago Employment Agency

Need help filling finance positions? Contact the experienced recruiters at Casey Accounting and Finance Resources!

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Increase Your Salary This Year With These Simple Tips!

Although most employees deserve a raise at various times, few actually ask for one. Employees may feel intimidated by their manager or uncomfortable talking about money. However, asking for a salary increase is an essential skill that increases your financial wellness and career success. Therefore, now is the time to learn about asking for a raise.

Understand Your Worth

For instance, focus on your responsibilities. Perhaps you lead projects or took on special initiatives that your colleagues would not. Make a list of your top accomplishments and specific ways they impacted your department and the company. Perhaps you participated in training programs to gain additional skills, brought in a significant amount of new business or became certified in your field.

Research Your Salary Range

Use market data sites such as Salary.com, PayScale and Glassdoor to determine the market average of similar job listings with companies of comparable size in your geographic area that offer similar benefits. Create a spreadsheet of your findings to see how your current salary compares. If you have connections with local hiring managers or recruiters, ask them to look at your resume and provide you a realistic salary request for your position and experience. Use the numbers to justify your request.

Consider How Your Manager Will Benefit

Share your goals to enhance business and what steps you will take to achieve them. Also, ask your manager what goals they would like to see you achieve and determine how you can attain them. Finding out how you can fill their needs will place you in a more advantageous position for getting what you desire.

Prepare for Potential Outcomes

If your request is declined, ask for specific ways you can improve your performance and potentially earn more compensation. Set a time to resume the conversation in a few months. Also, if your manager cannot give you a raise due to budget restrictions, negotiate for more paid time off or other increase in benefits.

Ask at an Appropriate Time

If you ask for a raise after achieving a substantial accomplishment, during a positive performance review or before the fiscal year ends, your manager may be more inclined to grant your request. Other good times include when you take on a new project or assume a new leadership role.

Let Our Expert Recruiters Negotiate a New Job and Salary for You

When you are ready for a new job and salary, contact the professional recruiters at Casey Accounting and Finance Resources, a leading Chicago employment agency!

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2019 Accounting and Finance Salary Survey Available!

Casey Accounting & Finance Resources has compiled updated salary data for the fields of accounting and finance. With the start of 2019 now passed and the recruitment industry getting busy, having the most up-to-date information is vital!

With compensation trends changing on a monthly basis, both sides can benefit from having this information during job negotiations.

Casey Accounting & Finance Resources can help financial professionals who want to learn more about what salary expectations should be. We have compiled our salary survey list with updated facts and figures including job descriptions for more than 110 accounting and finance positions for the Chicago metropolitan area.

Email us today at FinancialSalarySurvey@caseyresources.com and we will be happy to share this with you.  In the “YOUR MESSAGE” section, please enter “2019 Accounting & Finance Salary Survey”.