Yardenne Assa | Source | CEO at Unboxable

I predict that the job market will only thrive when employers change the lens through which they see Talent. Instead of believing they must receive more candidates at the top of the funnel, employers who replace their outdated predictors of success like education pedigree and arbitrary years’ of experience, will see that relevant candidates are in fact applying. So I encourage hiring decision-makers to tap into the hidden pools of Talent that are being overlooked because they’re not the explicit top 15% of candidates with “great” CVs.

The solution for successful hiring is technology that uncovers those Talent gems and predicts a contextualized match between the candidate and hiring manager. As if you could decode the black box that every hire has, where all their personalized predictors that help make a successful decision are finally revealed and automated. We will see the embrace of accurate tech that benefits both sides; allowing Talent to show who they are in a real way, and employers to assess Talent according to personalized predictors of success, answering the question: “Will both sides in this relationship be able to thrive?”

The talent market is being driven by candidates who are creating a new meaning for work. The current, remote-centric reality is based on a flexible work model that allows for a better work/life balance and is a must-have for employers looking to attract Talent. We now know that commuting to an office every day isn’t vital to execute great work and build flourishing work relationships. Research shows a 13% increase in employee performance when working from home; companies can’t ignore this sort of result, and I don’t think candidates will let them.

The major challenge that the job market faces is the broken protocol between companies and Talent. It’s widely known in the hiring industry that a recruiter or hiring manager skims a CV for only six seconds; what can they expect to understand in that time? How do they hope to find candidates that perfectly match their needs when they’re using an outdated tool and generalized predictors of success to hire? I envision a future jobs market that’s alive with democratizing technology to equalize the playing field and gives insightful data that fuels smarter decisions for both sides.

On average, it takes 42 days to hire Talent, sometimes longer. In that time, productivity and revenue are lost, and teams come under pressure. To reduce time to hire to 7 days, I would encourage using a platform that goes deeper at uncovering what candidates will bring to the role at the screening stage. Employers will understand how well matched candidates are to the role’s requirements, company’s values, leadership style etc in order to make more accurate, faster hiring decisions.”