financetom
Business
financetom
/
Business
/
95% HR professionals say employee experience will influence hiring, reveals report
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
95% HR professionals say employee experience will influence hiring, reveals report
Jan 23, 2020 6:05 AM

With changing times the nature of work has considerably changed. And the changing work culture has consequently influence the way employees are hired at companies. About 95 percent of the human resource professionals in India believe that employee experience will shape the future of HR in the coming years, revealed a report.

Share Market Live

NSE

However, employee experience is not just the number of years a worker has on his resume. "The employee experience (EX) is everything an employee observes, feels, and interacts with as a part of their company, " according to the 10th annual edition of the LinkedIn Global Talent Trends 2020.

In India, 77 percent of talent professionals say they are increasingly focused on employee experience to increase employee retention. However, almost half the respondents (44 percent) said that a leadership's lack of focus and prioritization are a significant barrier to improving employee experience.

Analytics is increasingly the buzzword in practically every industry and hiring is not untouched by it. Algorithms will play an ever more critical role in deciding who gets hired. Ninety two percent of the survey respondent in India said that people analytics will be very important in shaping the future of HR and recruiting.

Further, the report expounded upon the importance of internal recruiting, with 96 percent of respondents in the country placing their bets on internal hiring.

"Top ways internal candidates are recruited are through jobs on internal job board and hiring managers reaching out to employees they know," the LinkedIn report said.

Internal recruiting matters because it improves retention, accelerates new hire productivity, and accelerates hiring process, the report added.

The importance of a multi-generational and multi-cultural workplace has been well established. And 80 percent of HR professionals in India agree that having generational diversity at workplace plays an important factor in recruitment efforts.

"Carving out new career paths, offering flexible benefits, developing longevity strategies and promoting informal interactions across generations are some of the ways in which companies are driving a radical explosion in workforce age diversity," the report added.

The report was compiled with results from 7,000 HR professionals, platform data, and interviews with leaders to provide insight into the key topics impacting HR leaders today.

First Published:Jan 23, 2020 3:05 PM IST

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Radian Q2 revenue beats expectations
Radian Q2 revenue beats expectations
Jul 30, 2025
Overview * Radian Q2 revenue of $318 mln beats analyst expectations, per LSEG data * Net income for Q2 at $142 mln, diluted EPS $1.02 * Primary mortgage insurance in force hits record $276.7 bln * Repurchased $223 million of shares during the second quarter and paid $35 million of dividends Outlook * Company highlights favorable credit trends as key...
Preformed Line Products Q2 net sales rise 22%
Preformed Line Products Q2 net sales rise 22%
Jul 30, 2025
Overview * Preformed Line Products ( PLPC ) Q2 net sales rise 22% yr/yr, driven by energy and communications end markets * Net income for Q2 up 35% yr/yr, impacted by tariffs and higher expenses * Gross margin improves by 80 bps, reflecting effective cost management Outlook * Company sees uncertainty in demand due to new tariffs * Preformed Line...
Tyler Technologies Posts Higher Q2 Results; Updates Guidance
Tyler Technologies Posts Higher Q2 Results; Updates Guidance
Jul 30, 2025
05:01 PM EDT, 07/30/2025 (MT Newswires) -- Tyler Technologies ( TYL ) reported Q2 non-GAAP earnings late Wednesday of $2.91 per diluted share, up from $2.40 a year ago. Analysts polled by FactSet, on average, expected $2.77. Revenue for the quarter ended June 30 was $596.1 million, up from $541.0 million a year ago. Analysts expected $587.6 million. For 2025,...
Copyright 2023-2026 - www.financetom.com All Rights Reserved