IT Brief Asia - Technology news for CIOs & IT decision-makers
Story image

'My job found me!' - recruitment reinvented for the future

Today

It's the default phrase for job seekers worldwide: "I'm looking for a job." Whether they're on the hunt due to being laid off, looking to climb the career ladder, or simply seeking something more exciting, this phrase underscores a traditional view of job searching. But in a hyper-connected, tech-savvy and AI-powered world, this old way of thinking is ripe for disruption.  

Traditional job applications have job seekers furiously applying for whatever prospective employers posted online, filtering through endless listings and competing for limited roles; but today, technology is transforming how candidates connect with potential opportunities and we're witnessing a significant shift from "I'm looking for a job…" to "A job came looking for me!" 

Let's take a look at how modern technology is reshaping the job market and making job searches smarter, faster and more effective.

Stop applying (and applying, and applying and applying!) for jobs
Traditional recruitment methods often result in mismatched hires and prolonged hiring processes; but the right technology can address these challenges by leveraging advanced algorithms and AI to match the right candidates with the right roles. 

An 'always on' recruiter 
When job seekers create a profile on cutting edge job sites like Employment Hero, they're automatically matched with employers, with AI analysing their skills, career goals and job preferences. Called 'SmartMatch', this tech has turned recruitment on its head by ensuring that the right jobs find the right candidates effortlessly. This growing database of potential candidates reflects how fed up the market is with having to re-apply for every single job listed on the same sites. 

For job seekers, it isn't just another 'Tinder for jobs', but rather the last job application they ever have to complete. SmartMatch is reshaping the entire job search experience and operates on a simple yet transformative principle: jobs find you. This brand-new kind of database means job seekers don't need to 'hunt' as much because the system is actively working to automatically recommend them to employees and place them where they're the best fit.

Think of it as 'always-on' job tech, constantly scanning the market for roles that match your profile. This approach reduces friction for both job seekers and employers and speeds up the time-to-hire. 

Unsurprisingly, this new tech is currently being used by 300,000 companies and 1.14 million job candidates across Australia, New Zealand, Singapore, Malaysia and the UK. For employers it has also proven to shave two weeks off the traditional recruitment process because companies don't have to wait for candidates to come to them; and candidates are automatically presented for suitable opportunities.

This innovative approach marks the end of the 'pay and pray' recruitment model, ensuring a continuous talent pipeline. (And the full functionality of Employment Hero's Applicant Tracking System helps employers manage candidates so they can start the interview process immediately.)

Revolutionising internal recruitment 
The rising popularity of the employment operating system (eOS) has seen HR functions seamlessly integrated, and employers can now manage every aspect of their people's career through one digital portal, including onboarding, ongoing learning, career development and now - internal recruitment to streamline talent acquisition within their own four walls. 

By integrating SmartMatch with their eOS, companies can automatically surface suitable candidates within their own organisation within seconds. SmartMatch also helps employees to plan their career path by matching them to new and exciting opportunities, instead of looking for greener pastures elsewhere.

The tech also facilitates proactive and predictive hiring by analysing a business's organisation chart and predicting hiring needs based on sector, size, location and seasonal trends. 

Tap into the 'hidden' job market
It's a well-known fact that 80% of jobs never make it to public job boards. Most small businesses fill roles through internal referrals, word-of-mouth, or simply by putting up a "Help wanted" sign in their window. While these jobs are technically 'Open', they're invisible to most job seekers. SmartMatch solves this problem by tapping into this hidden job market. 

With SmartMatch, businesses can access a digital candidate pool for their immediate needs without going through arduous, more traditional advertising methods. This levels the playing field, making jobs that might never see a formal listing accessible to a wider audience and giving job seekers an edge.

Beyond efficiency: the future of hiring
This new, tech-enabled approach to hiring isn't just about filling roles faster; it's about building a better workforce. By integrating AI-driven tools like SmartMatch within broader employment operating systems, companies can focus on what matters: connecting with talent, building teams and investing in growth. Instead of letting good candidates slip through the cracks, employers can ensure they have a robust pipeline ready to step in as soon as a need arises.

For job seekers, this shift means no more aimless scrolling through job boards or wondering if your application was even seen. With tech doing the heavy lifting, it's now easier than ever to find roles that match your skills and aspirations - without even needing to look.

In an industry as vital as recruitment, this shift towards "A job found me!" signals a new era where technology isn't just a tool; it's a bridge, connecting people to meaningful opportunities and businesses to the talent they need. So, next time you're on the job hunt, remember: the future of work is coming to you.

More information on Employment Hero here: