How a recruitment consultancy can add value in a new world

Posting date: 15 February 2021

How a recruitment consultancy can add value in a new world


The COVID-19 pandemic has completely changed how companies attract, recruit and retain new employees. Businesses around the globe have swiftly embraced remote working. While there are huge benefits of in-person meetings, it’s difficult to ignore that many businesses have thrived working remote. For recruitment consultancies in Switzerland, they’ve had to adapt to a new way of hiring. The recruitment industry has entered a new era defined by flexibility and the increasing use of technology. In a post-COVID world, recruitment consultants will be high in demand for their expertise, but the landscape has changed, paving the way for a range of challenges. So, how can recruiters continue to add value to clients and candidates?


Dedicated, relevant expertise


One of the major benefits of using a recruitment consultancy is that they provide staffing solutions for businesses across a range of different sectors, and they remain up-to-date with market trends, which includes recruiting during this challenging time. For example, at Swisslinx, we’re able to give our clients an overview of the market, helping them to plan their recruiting and ensure they only hire the best candidates. Right now, it’s all the more important that job specifications are in line with the market. Recruiters can provide consultancy around job specs, offer sector expertise and engage passive talent using platforms like LinkedIn. With businesses receiving a strong push into the world of virtual working, recruiters have been forced to provide their expertise virtually. This means recruitment consultancies, like Swisslinx, have been able to connect with people more efficiently and build strong and lasting relationships.


Streamlined process


There’s no doubt that COVID-19 has accelerated the rise of technology. With in-person contact limited, businesses will need to become more agile and innovate fast, to thrive in this competitive environment. However, the recruitment process can still be a long and daunting task for many businesses, despite the new tools available. One of the most desirable attributes of a recruitment consultancy is they can streamline the whole process, from CVs and interviews to talent community building. While the lack of in-person meetings with clients and candidates can be a challenge, video interviews can take place anywhere. In the future, there’s likely to be advanced recruitment tools to facilitate virtual meetings, so that all the information can be stored and analysed in one place.


Hiring in a new world


The current uncertainty around the employment landscape means that businesses will need to adopt a strategic mindset to attract the right type of candidates. One of the ways recruitment consultancies can add value in this area is by helping companies make their hiring much more targeted. Recruiting in a particular niche area has become essential in recent years, but with more candidates on the market, it’s much harder to find suitable candidates. At Swisslinx, we focus on recruitment markets such as financial services, technology, science and engineering across many sectors, which enables us to provide tailored solutions to our clients. There’s no doubt the future of recruitment will be more personalised and holistic and tailored to the specific needs of clients.


Let Swisslinx help your business


The pandemic has had a huge impact on the recruitment sector. At Swisslinx, we’ve always had a strong value proposition and an excellent track record of building excellent relationships with clients and candidates. As we progress through the year, our consultants will remain on hand to provide companies in Switzerland with the best recruitment expertise. Our team have years of experience in recruiting the most in-demand companies and we always take the time to understand the needs of every business. Contact us today if you need help finding the top candidates and take a further look at our insights page for more engaging articles.

What does the future of recruitment look like?

The world of recruitment is constantly evolving and digitisation has completely transformed a wide range of sectors. With the emergence of new skills, tools and software, organisations in Switzerland will need to implement expert recruitment strategies to secure the best talent. Switzerland has enjoyed a strong economy in recent years and statistics have shown that the unemployment rate amounted to around 3.5% in 2020. However, the way businesses recruit and retain talent will continue to shape the workforce – and while it’s difficult to predict outright what the future holds for recruitment, businesses will need to adapt to the demands of a new age of technology. And since the recruitment market is becoming increasingly competitive, recruiters are going to need plan in advance to keep up with the most in-demand talent. So, here’s an overview of how recruiting will grow and change in the future.   Focus on machine learning   Machine learning and automation will likely have a huge impact on onboarding and recruitment. AI is rapidly changing every industry and its effect on recruitment is already being felt in a multitude of ways. For example, HR automation tools have accelerated in recent years. These tools can collect, gather and analyse data, which means recruiters can easily build candidate profiles and establish a clearer picture of potential hires much more quickly. In the future, there’s no question that automation tools will be used even more frequently. One of the biggest challenges for recruiters is finding the right professionals amid the noise. Therefore, it’s likely that companies will use more machine learning and automated software to help secure the best candidates, increasing efficiency and productivity as a result.   Personalised recruitment   Today, most candidates are much informed about the type of company they want to work for. In this context, recruiters need to build an engaging and efficient hiring process, because the new generation of candidates takes a much more personalised and strategic approach to their career. Therefore, in the future, businesses won’t be able to rely on job postings or sending generic templated messages to candidates on LinkedIn. With candidates today being much concerned with an employer’s brand, the future of recruitment will be much personalised. This means that during the recruitment process, businesses will need to give candidates regular feedback and updates. In this candidate-driven market, transparency and a personalised hiring process will be of strong value in the future.   New talent pools   Recruiters of the future should begin to explore new talent pools, which include candidates with varied roles and professionals from the gig economy. In the modern world of work, employees change jobs more regularly, opting for a varied career path and different workplace cultures. The benefits of hiring these types of candidates are that they’re often exceptionally well-rounded and highly adaptable. With the rise of remote working as a result of the pandemic, hiring contractors for short projects has become much more commonplace. There will be more opportunities for businesses to hire freelance workers as full-time employees, tapping into unique skills. Recruiters of the future will likely have access to an array of talent pools with candidates from a diverse range of backgrounds.   Get in touch with our team at Swisslinx   The future of recruitment looks bright, but is your business ready to adapt to the changes? At Swisslinx, we have a dedicated and friendly team of recruitment specialists. Our team has an outstanding track record of building quality relationships with clients and candidates. We constantly keep up-to-date with the latest trends in our specialist markets, including digital and technology, financial services and life sciences. If you would like to learn more about how we can help prepare your recruitment strategy for the future, please contact us today for more information.

READ MORE

A breakdown of the most in-demand skills for finance professionals

It’s no secret that financial services can be a demanding career path. It’s a broad industry with a range of different specialisms, including planning, advising and asset management. A successful career in finance requires discipline, education and well-developed skills. With so much variety, it’s important to scrutinise which career path matches your skill set. Finance professionals need to prepare themselves for the future and always look to upskill at every opportunity to stay relevant in a competitive job market. If you’re committed to a career in finance, here are the skills you need to master.   Analysis Finance professionals must have excellent analytical skills. Regardless of the role, employers will always be looking for evidence of analytical ability in different applications. Finance analysts need to be able to understand large volumes of data and find a solution to various problems, such as finding out the ideal equity investment. To solve such problems, finance professionals need to be able to analyse reports, relevant data points and pricing information. Then there’s also the interpersonal skills needed to communicate this information with finance managers to ensure decisions can be made. The ability to communicate findings effectively is the key to success as a finance professional.   Data management Data has become increasingly important for businesses when it comes to improving forecasts, making strategic decisions, and reducing costs. A lack of sufficient data management can lead to data quality problems and inconsistent findings that can affect a business’ bottom line. Therefore, finance professionals who understand how to utilise and manage data remain high in-demand. As finance teams evolve, they need to be able to adapt and be confident using cloud-based software to manage data. With many financial institutions moving away from traditional spreadsheets, professionals looking to grow their career must understand the benefits of streamlined data management. Data in the cloud saves time and provides companies with much more agility. The growth of digital technology in the financial sector means that the next generation of finance professionals must be more data-driven than ever before.   Critical-thinking It's important that finance professionals possess critical-thinking skills. In the volatile finance world, companies need to continue making big investments to remain competitive. As a result, professionals who are able to think critically will be an asset. Critical thinking skills are highly desired at any company, as they can be applied to any situation that calls for analysis and planning. In finance, the ability to evaluate facts and information to form a judgement has become crucial, especially with the rise of emerging trends like big data, AI, and blockchain, all of which have transformed procedures. Finance professionals that master critical thinking are able to find solutions and manage different challenges much more efficiently.   Technical accounting <!--[if !supportLineBreakNewLine]--> <!--[endif]--> Throughout the course of a working day, finance professionals will use a range of technical skills, such as preparing statements and recording transactions. These day-to-day tasks are very important for business operations, so professionals must have a strong understanding of all the different phases of accounting. And since the cross-border finance market is in a strong position in Switzerland, the demand for technical accounting skills is only going to grow in the future. Talented accountants who are proficient in verifying balances and analysing cash flows will be highly sought after.   Are you looking to grow your finance career? The world of finance is always changing, so professionals within this industry must keep developing their skills. At Swisslinx, we have an experienced team of consultants who have the knowledge to meet the demands of our clients. We recruit for roles at all levels within investment banking, asset management and wealth management. We’re well-positioned to deliver a strategic recruitment service to companies in the finance sector and we’re dedicated to helping our candidates grow their careers. If you’re looking to secure your next role in finance, contact us today or take a look at our job page for more information.  

READ MORE