Evolving Hiring Practices

The hiring process has transformed dramatically since the early 2000s. The processes are all so different that it’s wild to realise what seems common now (like LinkedIn, video messages and texting) didn’t exist in the same capacity only two decades ago. And this change is due to rapid technological advancements. 

To add to the same, Dheeraj Modi, VP and Global HR Head, NLB Services stated, “There are many things and changes which are not in control of human touch and one of it is technology. I will give you a path breaking example, so in November 2022, Chat GPT, the brainchild of Elon Musk was launched; creating a human assistant. Trust me, it has by passed Google in terms of Artificial Intelligence.”

He was speaking at Future Of Management Education 2023, organised by BW Businessworld on Thursday.

So technology along with being an enabler, can also eat up a lot of our jobs in times to come with inventions of software like ChatGPT. 

Beyond just the rise of the internet, tools like video interviewing and interview scheduling software have helped streamline the hiring process, saving both time and money, all while making hiring managers’ jobs much easier. 

Along with the structural and sustainable hiring processes Amit Sharma, Chief People and Culture Officer, Volvo Group India, also pointed out that hiring modules are coming back at behavioural hiring mode too. “So in a way we are slowly getting back to the hiring where soft skills and behavioural aspects too were important factors in hiring any prospective candidate. Today, most employers are very critical in hiring just basis technical skills, as now offices have become in-person again, hence behavioural aspects too will play a pivotal role in hiring,” he stressed.

Now considering that the market runs of the principle of ebbs and flows, hence its mandated that if hiring will happen, then it will be followed by firings and retrenchments too. 

According to Yuvaraj Srivastava, Group CHRO, Make My Trip, “If we see, layoffs aren’t something new. Churning out 250 people out of a lot of 10,000 or 20,000 employees is pretty normal. Its just that now these numbers are being put into social media which is gaining hype.” 

And the biggest aspect is that such layoffs isn’t creating unemployment. If they get washed away from one organisation, then the employees are updating their respective CVs and getting jobs in different organisations; with specific to knowledge driven industries. 

Lastly, if today’s employees are applying for jobs on the pretext of getting commitment from the employer that they won’t be retrenched in case of no job or won’t be fired in case of adverse situations, then “I suggest them to go to Banaras, kynki professional world mein ye to hoga nai,” stated Sandeep Girotra, CHRO, DCM Shriram.