CURRENT RECRUITMENT PROCESSES AND PRACTICES IN KARMA GLOBAL
Contents News/Article Date: 3rd July 2023
Relating to which Act: The Indian Constitution grants the Central and state governments the powers to enact laws to protect the employees and foster a professional work environment. Based on the industry, nature of the work, number of employees in the company, location, and more, there are various legislations like the Industrial Disputes Act 1947 (ID Act), Factories Act 1948 (Factories Act), and Shops and Establishment Acts in relevant states (S&E Act).
Applicable to which State: Labour Law Acts and Rules and Judgements as are applicable to all States
Type: Karma Global’s Talent Acquisition current practices
Pertains to: Establishments and Employees in the job-searching global market
Relevance of this news: Karma Global is in the business of HR Services, Payroll, Outsourcing and Regulatory Compliances right from its inception in 2004 and since then, has brought in a lot of efficiencies and technological upgradations with experts on its roll, to ease the hassles of Payroll Processing, Temp Staffing, On-boarding, Employee Life Cycle, Statutory, Regulatory and Payroll compliances by providing customized solutions to all its elite clients.
Karma Global has set up its offices in the UK, USA, UAE, Canada and South East Asia and is fully into providing solutions for workplace issues, employment law advice, immigration and negotiation, representation in employment tribunals and involvement in leading cases, addressing HR issues in line with Labour Laws, payroll, staffing and talent acquisition.
And in this instance: CURRENT RECRUITMENT PROCESSES AND PRACTICES IN KARMA GLOBAL
Subject: CURRENT RECRUITMENT PROCESSES AND PRACTICES IN KARMA GLOBAL
Appended is the complete news item
Current Recruitment Processes And Practices In Karma Global
With substantial changes in the political, social, economic and technological changes throughout the world, recruitment as a standard process has also undergone numerous changes and modifications.
The increasing globalisation of the marketplace combined with an ever-increasing shortage of skilled staff and advances in technology have resulted in large-scale changes to recruitment practices throughout the world.
The recruitment industry is gearing up for these changes by developing strategic alliances and global partnering to ensure access to the best candidates worldwide.
In keeping with these global changes and strategic alliances taking place, Karma Global has set its footprint in countries like Canada, the US, the UK, UAE and South East Asia.
Currently, the MD and Business Leaders of Karma Global are in Canada participating in COLLISION 2023 at Toronto, Ontario, Canada.
Collision 2023, one of the world’s biggest tech conferences, in Toronto was concluded just last week attended by thousands of people and business seekers.
Toronto, Canada brought together some of the most innovative and forward-thinking companies and speakers from around the world. Among the sea of talent stands five start-ups leading the charge in creating sustainable solutions that address pressing environmental challenges. These start-ups are reimagining industries, disrupting traditional practices, and paving the way for a more sustainable future.
Some of the trends at Karma Global:
Referrals: Will continue to produce the highest volume and highest quality of hires. The target percentage of all hires from referrals at top firms will reach 50%
Live video interviewing: Live video interviews are happening most of the time at the first and second levels of screening and shortlisting.
Recruiting at events and forums: Industry events are becoming an essential and effective tool for recruiting top and diverse talent.
Diversity and inclusion: Diversity and inclusion is another area of growing focus directly affecting talent acquisition and recruitment. We have experienced that businesses with a diverse workforce and inclusive workplace have better productivity and profitability
Global Contingent Workers: Fluctuating business needs require flexibility, and contingent labour can help meet those demands. We have over 8000 Global contractual workers on our rolls placed in various industries and have found that contracting brings in more advantages than regular employment and does not tie them to a single employer and workers are taking up multi-skilling and have time on hand to do many other side jobs.
Analytics: Karma Global has adopted at a rapid rate — analytics within built AI, ML and chatbot defining our internal talent acquisition strategies at a global level.
Artificial intelligence: Our talent acquisition software today is exploding on the use of AI to source, identify and engage talent. These offer excellent output from our range of smart talent platforms, such as Eightfold AI, to job-posting platforms, candidate sourcing and screening, chatbots, interview scheduling and natural language processing (NLP) which is also minimizing bias in candidate identification, selection and hiring.
Skills, competencies and other attributes: Assessing skills and competencies and using them to source, screen and match candidates to open vacancies is gaining predominance in the world of staffing in Karma Global helping in identifying and matching successors to key positions or identifying career paths, and we have also made headway in including other attributes, such as interpersonal skills, aspirations and motivations in our systems.
Social Media in Talent Acquisition: The youth of today invests a lot of time in surfing social networking sites such as Facebook, Twitter and Instagram. They spend so much time on these portals that it has become the best way to connect with them. Since they are adept at using digital platforms, the potential employees found here are already trained in digital skills. They are well-versed in computers, search engines, social selling, visual content, email and smartphone applications. Such resources are versatile and can easily adapt to new technologies implemented by Karma Global.