Metaverse is no longer an unheard term in general but has the recruitment/staffing industry taken a step ahead? Let’s see the scope of Metaverse in Recruitment Industry with this Blog.
The current labour market, according to 86% of recruiters, is candidate-driven. Designing recruitment solutions to meet the rising wants of the candidates is the need of the hour. Keeping up with the trends, recruitment is carried out in a different way these days, but its focus is still to keep the best candidates in the funnel, ensuring that businesses can hire the right people for the right job. What’s more, we now have digital solutions to hire the right talent from anywhere in the world. Thanks to the ever-changing digital landscape, companies are coming up with path-breaking solutions. One such is the Metaverse.
What is the Metaverse, Exactly?
Touted as the next evolution of the social world, the Metaverse is a network of 3D virtual worlds that focus on social connections. Simply put, it is a digital universe where users “live”. Using augmented reality (AR), virtual reality (VR), and blockchain, it creates an environment for lifelike user interaction that resembles the real world. Hints of what the Metaverse is and can be already exist in online game universes, like Roblox, Fortnite, and Minecraft. The future of Metaverse is envisioned to be revolutionary, where its users will work, play, and connect through everything from conferences and job fairs to concerts and virtual trips around the world.
Adapting the Metaverse into recruitment could create endless possibilities. A few companies are already eager to adopt this technology, in an attempt to resolve the historical snags in hiring, such as geographical location and distance. Bridging the gap between recruiters and candidates, virtually and metaphorically, within the Metaverse can open up beyond-imagination avenues to connect.
Traditional Recruiting versus Modern Methods
Recruiting used to be far more time consuming and challenging than it is with the technology available today. Moving up to the Metaverse from your current digital training and onboarding tools is only the next natural step in the digital progression of your business. Companies are investing in cutting-edge technology like AR, VR, artificial intelligence, 3D reconstruction, blockchain, and the Internet of Things (IoT) to give the 3D world power and presence.
There is also a Universal Speech Translator in progress, which is working on figuring out how to translate speech in real-time from one language to another, creating an even more cohesive, streamlined interviewing and onboarding experience. The Metaverse will not only help companies reach a wider audience with better connections, but also understand their working preferences. There is a hope that eventually, the Metaverse could even be used to lower attrition rates.
The Metaverse is taking a step further, allowing a seamless recruitment process that includes:
- Inviting candidates for interviews
- Connecting and monitoring the hiring process
- Tracking candidate activities in your virtual space
- Adding collaterals and information for people to learn about your company
- Conversing with virtual avatars that can exchange expressions and body language for improved virtual interactions
- Continuing assistance through onboarding, training, and new hire integration
With remote work and hybrid positions becoming the norm, the Metaverse is likely to be at the heart of outsourcing and recruiting in the future.
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Recruiting and Interviewing in the Metaverse
From the in-person interview to Zoom and MS Teams calls, and now on to the Metaverse, the recruitment process is seeing a huge digital shift. It is creating an immersive experience that is interactive, engaging, and far more valuable to organisations who want to learn more about the candidates during the hiring process. Many companies are already utilising this technology, including Accenture, which has its own unique Metaverse known as the Nth Floor, where their employees and candidates take part in new hire training, immersive learning and onboarding, and socialising to help build the culture. Recruiters view the Metaverse as a goldmine of talent pool, since they can have access to candidates globally without any geographical barriers. And candidates, once restricted to limited locations, can meet with any company, anytime, anywhere instantly.
The Metaverse offers more connection and interaction than a video meeting or phone call, giving recruiters and candidates alike the feeling of “in-person” communication in a different sense, but still, gaining all the perks of feeling like it is a face-to-face meeting.
Virtual Job Fairs in the Metaverse
‘Hired in the Metaverse’ by Hirect is a career fair that is designed to help employers gain valuable insights on the virtual hiring process and connect with industry professionals to discuss hiring in the evolving world of technology. Jeremy Lam, CEO and Founder of Venu – a virtual conference platform that allows users to walk around with their avatars, provides a glimpse into what employers and attendees can expect. With such software, you can create an innovative, fun, and productive 3D career fair experience in the Metaverse.
Interactive sessions with employers and brands will be used to discuss hiring practices, recruiting methods, the future of recruiting in the tech world, and so much more. This will give employers and employees the chance to match roles perfectly with fewer skills gaps.
Some of the features of a virtual job fair include:
- Instant chat and video call requests
- “Drop your queries” button
- Digital flyers and brochures about the company and roles available
- “Drop your CV/resume” button
Metaverse is Here to Take Recruitment into the Future
The Metaverse is changing the way recruitment is handled, both for companies and candidates alike. This could have a huge impact on business, adding VR and modern AR solutions that eliminate the boundaries of recruitment. Get ready to take things to the next level, and turn your digital hiring efforts into augmented reality scenarios, where you can connect with real people, in real-time, no matter where in the world they are located. The Metaverse is waiting for you!