12/12/2022
The post-pandemic job market has changed. The only constant in our post-pandemic world is changing and we must anticipate this change to keep up with the job market.
According to Alejandra de la Peña, Master in Management Associate Director at IE Talent & Careers, since the pandemic, 15% of jobs now face disruption. The skills that employees need and the skills that recruiters and companies are looking for have changed. It’s important to focus on identifying your skills and understanding the trends in the sectors that interest you so that you can fill in these skills gaps.
While companies make hiring decisions based on a candidate’s skill set, the key skill they look for is adaptability. As seen with the pandemic, the way we work can change at the drop of a hat and companies want employees who are open to change and can learn on the job.
Companies will be looking for a set of skills, but mainly they will be looking for a specific mindset of openness to learn, to adapt. – Alejandra de la Peña, Master in Management Associate Director at IE Talent & Careers
Our new reality
Many companies are now operating remotely or in a hybrid manner.
Talent strategies now focus on digital, cognitive, adaptability and resilience skills, as well as emotional intelligence and empathy.
What was once a digital tool we had never heard of can easily become a tool we depend on every day—take Microsoft Teams, for example. Your best asset will be your ability to anticipate change.
COVID-19 has accelerated our fourth industrial revolution. Fixed working locations are less common, recruitment diversity has rocketed—in terms of expanding talent pools and restructuring hiring processes to reduce bias—and desirable skills have changed. Knowledge surrounding AI engineering, data, cloud computing and product development will soon become the new standard.
What does your “new reality” profile need to look like?
– Resilience
– Emotional intelligence
– Empathy
– Digital skills
– Adaptability
Key trends of change
The pandemic brought great change to every aspect of our lives. To stay afloat, professionals must double down on their soft skills and upskill in tech.
– Sectors including manufacturing, hospitality and retail trade have become increasingly automated, highlighting a skills gap in tech.
– Big data and analytics have become the fastest-growing skills on LinkedIn since 2018.
– The gig economy has boomed. Short-term contracts have become more common and freelancers are making the most of this new professional world.
The new pillars of recruitment
From students, recruiters are looking for the right mindset, key skills, diversity and specialization. At IE Business School, our academic team constantly adapts our programs to align them with market demands, attracting diversity and using a case study methodology to promote active learning.
Specialist knowledge, however, must come after you’ve got to grips with the big picture. That’s why the Master in Management spends two periods giving you a broad scope of how companies work before you take a deep dive into the specifics.
The Master in Management will allow you to achieve the level of tailored skills that employers are looking for through the management and business fundamentals plus the options to specialize in your area of interest.
So where does recruitment take place?
– LinkedIn is a key tool for recruiters to connect with profiles that could be a good fit for specific roles.
– Another tool that is gaining traction is getting current employees to refer people they know. If who they referred is successful, they often receive a bonus and the company gains someone who is often a better cultural fit and who will stay at the company longer.
What do we do at IE Business School?
– We organize virtual fairs and talent forums to introduce you to potential employers and get a sense of the opportunities available to you.
– Our in-person events also give you the chance to network in a less formal setting and may precede events at companies.
How does the new face of recruitment work?
Recruitment is mainly digital now. It’s quicker, cheaper, enlarges pools, is more flexible and reduces bias.
Online recruitment helps companies use AI technology to narrow down their thousands of applications to the very best candidates.
Stages of the recruitment process:
1. CV or application
It’s especially important to tailor your CV using keywords. These online systems mean not every application gets read by a human, but selection is undertaken by an algorithm, based on keywords. The golden rule of applications is to tailor it to the position, sector and company.
2. Online aptitude tests or games
These games are often run by a company called pymetrics. It’s not always clear what they are assessing, so it’s essential you get in touch with IE Talent & Careers before completing one of these tests to prepare you. With pymetrics, your results are also stored for one year so they’ll be passed on to different applications.
It’s more obvious what aptitude tests are looking for—verbal reasoning, for example.
3. Video interview
Pre-recorded interviews can be difficult, especially considering it’s natural to look at ourselves rather than the camera. That, however, can be a hindrance in video interviews. AI technology assesses you on eye contact, your use of keywords and structure. Remember to smile and vary your pitch and tone, too.
4. 1-1 interview
You’ve reached the first step of the process where you’ll meet a real person. Make your first impression count!
5. Online assessment
6. Offer
7. On-boarding
IE Talent & Careers: What do we do?
IE Talent & Careers offers impactful career advice and learning resources to help you meet your career goals and tailor your profile to what recruiters are looking for. Everything we do puts you and your future at the center.
Your diverse experience at IE University will instill an ability in you to work in any team, and action learning means you learn by doing.
You’re working hard on your program, why wait to put the skills to work too?
IE Talent & Careers doesn’t stop providing career support to you once you graduate. We provide a life-long service to help you make the most of your IE University experience.
How do we help you?
– Strategy: We monitor key market trends, focusing on the sectors with greatest growth.
– Career education: We constantly adapt our careers sessions, communicate trends to you and train you in digital recruiting processes.
– Advising: We are a specialized team that gets to know your student profile, preferences and potential to empower your advancement.
– Recruiter relations: We build relationships with recruiters to advise on talent attraction, recommend your profile, and organize careers fairs and company presentations.
– Technology: We invest in AI and big data to provide relevant resources for you.
