Navigating the evolving talent acquisition landscape: LinkedIn’s The Future of Recruiting 2024

In this week’s edition of TalentTech Weekly, we delve into some of LinkedIn 's data from The Future of Recruiting 2024 report .?

To gain deeper insights into what’s ahead for talent acquisition, LinkedIn surveyed thousands of recruiting professionals, spoke with top talent leaders, and analyzed billions of data points generated on the LinkedIn platform. They came up with six predictions, and today we will focus on two of them.

Let’s dive in!

Prediction - AI will supercharge recruiting

LinkedIn’s first prediction in the report focuses on AI and its impact on talent acquisition.?

LinkedIn's survey reveals that only 27% of talent professionals currently employ or test Gen AI technology. However, six out of 10 recruiters feel positive about using AI in recruitment . Additionally, the number of recruiters who have included AI skills in their profiles rose by 14% in the previous year.

Among recruiting pros using Gen AI, 57% agree the top benefit is the ability to write job descriptions faster and more efficiently. While 45% agree that they use AI to automate tasks, freeing up their time for more fulfilling work.

“We’re trying to upskill our people to move thoughtfully and experiment. We want to be in a place where a significant base of our people understand and are excited about the disruptive potential of partnering with AI.” - Michael Smith, chief executive of Randstad Enterprise

Even as Gen AI automates many recruiting tasks, TA pros can’t forget that the human touch is still essential. This is where soft skills will shine.?

“The best recruiters must be great at building relationships and creating high touch candidate experiences that will help them rise above the bots,” says John Vlastelica , CEO at Recruiting Toolbox, Inc.

Prediction - Quality of hire will top the recruiting agenda

According to 晨星 's latest Economic Outlook report , GDP growth is expected to slow down in 2024, following solid 2.5% growth in 2023. With the slow GDP growth in the back of executives’ heads, and hiring around the world still in decline, employers will be increasingly vigilant about making sure every hire is the right one.

HR pros say the quality of hire will be the leading focus shaping recruitment over the next 5 years.?

Measuring the quality of hire can be a challenge, and LinkedIn offers factors that TA leaders should consider when hiring:

• Job performance: To what extent does the new employee achieve or surpass specific goals and objectives related to their job?
• Team fit: Is the new hire improving the team’s agility? Is the team more capable of getting work done?
• Culture add: Some employers are looking at whether a new hire’s values are in line with their organization’s principles and mission.
• Productivity: Is the individual meeting their productivity targets?
• Retention: How long an employee stays at the company can be an important indicator of quality of hire, though other variables influence a worker’s length of stay.

To read about all six predictions from LinkedIn, check out the full report here: [LINK]

Want to learn more 2024 workplace trends? Download our report now:

[LINK HERE ]

Download the DevSkiller Report 2024: Skills Management and Assessment Insights to gain comprehensive insights into the evolving HR landscape 2024. This year, we tapped into the data from over 300,000 individual skill profiles to provide you with the top technology, tech candidate, and skills-management insights.?

This report is an essential resource, offering detailed outlooks, predictions, and practical recommendations for navigating the challenges and opportunities for an exciting year ahead.

Written by: Alexandra Paasch