Over three million temporary employees work for America’s staffing companies during an average work week, according to the American Staffing Association. That means that the staffing industry isn’t slowing down anytime soon. Temporary employees help fuel an industry with a tight labor supply and staffing uncertainty. Hiring people takes a lot of time and energy. If you’re in the staffing industry, make sure you’re prepared with Staff Insurance.
In an era where hiring trends have taken a new and exciting turn, things have now changed for the better. There are new ways to help maximize your time, effort and profits through your hiring process. The recent report LinkedIn Talent Solutions’ Global Recruiting Trends 2018 outlined the key recruiting trends for 2018, and implementing these in your hiring process or your client’s hiring process will help businesses to fill their teams with the right candidates.
Diversity Will Take your Company to New Heights
78 percent of talent professionals say that diversity is a top emerging factor that is affecting the way that companies do their hiring process. Diversity might’ve not been a big factor in previous years, but it is now. The report finds that prioritizing diversity improves culture and overall financial performance. Making sure that your company is diverse will also help with the productivity of your company, bringing together a group of heads with different ideas like never before.
New Interviewing Tools Assist in the Process
The report found that while fusing out old interviewing techniques might take some time, new tools can help bring life into the hiring process. Traditional interviews are not an effective way to screen candidates, undercutting the impact of useful information and introducing more bias. Some new ways to improve your interviewing process include online soft skill assessments, casual interviews, job auditions, video interviews and virtual reality. Having a better interview process helps ensure that you’re hiring the right people, who will all ultimately be covered underneath your staff insurance.
Data is a Game Changer
Having access to data can help companies with their decisions on who they hire. The report found that 50 percent of talent professionals and hiring managers claim that data is one of the top things affecting how they hire. Data can help influence talent decisions because it can help predict and track outcomes, which in turn will help you make more informed decisions.
Artificial Intelligence Can Make your Life Easier
35 percent of hiring managers say that AI is the top trend impacting how they hire. AI helps automate candidate searches and find top prospects that match your criteria. When searching for a new staff, this can assist in making sure you’re covering the right employees while saving you valuable time.
About World Wide Specialty Programs
For the last 50 years, World Wide Specialty Programs has dedicated itself to providing the optimal products and solutions for the staffing industry. As the only insurance firm to be an ASA commercial liability partner, we are committed to that partnership and committed to using our knowledge of the industry to provide staffing firms with the best possible coverage. For more information about Staffing Professional Liability Insurance or any other coverage, we have available to protect your staffing business, give us a call at (800) 245-9653 to speak with one of our representatives.