First “Business Insights Meeting” for 2024 at M6!
On 31.01.2024, M6 Educational Centre hosted the first Business Insights Meeting for our Board of Trustees (BOT) members. The goal of this meeting, which was attended by approximately 30 participants, was to provide thoughtful and practical insights on the topic of recruitment and the challenges recruiters face in the current job market.
To better delve into this topic, CEO of ITtude – a new BOT member, Ljubinka Takasmanov joined us to elaborate and explain the ins and outs of recruiting.
Some of the topics covered during this workshop were:
- The importance of feedback – applicants want to know why they got rejected, as this provides them with valuable input. Not only that, but it gives them a more positive impression of the company.
- Over 90% of recruiters do not give feedback.
- Rapid technological progress – technology such as AI is changing the recruitment process.
- Competition – local companies are having a hard time competing against large international companies which invest large sums into recruitment and poach talent.
- Lengthy processes – many potential candidates choose to drop out of the recruitment process if the selection is too lengthy and intensive. The less time they have to spend doing interviews and writing cover letters – the better.
- Stress – Recruiters tend to face large workloads and high stress levels.
- Recruitment is the lifeblood of any company.
We want to thank all of the participants who joined us and contributed towards the discussion of recruitment and the challenges that come with it!