October 13, 2022

Using The Metaverse For Talent Acquisition And Retention

Using Metaverse for Talent & Acquisition

Author: Daniyal Chishti 

The metaverse provides virtually limitless opportunities for businesses across various sectors. These include creating a digital ecosystem that will connect employers and candidates. In the future, it is hoped that the metaverse will transform the way companies recruit to attract the best talent from around the world, from holding virtual career fairs and using picture-based documents for job ads to conducting virtual interviews and assessments to onboarding.

While a few companies have already invested in this technology, it is still in its early stages. The metaverse has the potential to change the way we live, work, and recruit. Not quite sure how your business can use the metaverse? Read on…

 

What is Metaverse?

Simply put, the Metaverse is a virtual world where people can build, own, and trade properties. Virtual and augmented reality are two technologies that make up this new world. However, the Metaverse is made up of more than just those components. It is instead a shift in how we interact with technology. Many online game developers have taken advantage of this and begun creating games where users from all over the world can meet in a virtual environment via avatars.

Also, a variety of software tools, programs, cloud infrastructures, and other resources will power the metaverse universe. It will impact all aspects of life, including entertainment, education, commerce, gaming, and social interactions in general.

 

How does it work?

Metaverse creates online interaction spaces by combining persistent virtual worlds, blockchain, and augmented reality. Mobile internet and headgear for augmented and virtual reality make this possible. A three-dimensional image that surrounds users on the internet allows for an immersive experience.

This experience would be impossible without the use of virtual reality, a key component of the Metaverse that allows users to experience both the digital and real-world worlds in the same space.

Furthermore, an immersive experience draws users into an imagined space that permits them to manipulate and relate to their environment. It involves a blend of visuals, technology, and sound to deliver extraordinary and engaging worlds.

 

How can businesses use Metaverse to find the best employees?

Employers in today’s job market are increasingly looking beyond traditional means of acquiring and retaining new tech talent. Because it is a virtual world, the metaverse offers endless opportunities for recruiters and businesses – from finding the best possible talent to conducting projects. If you are a business, here are some of the ways you can consider using the Metaverse.

 

  1. Bring Your Recruiters And Candidates Closer

Recruiters typically conduct cold outreach, network for referrals, or handle inbound or job board applications. At the same time, candidates are applying for positions with companies they only know on the surface. Bringing recruiters and candidates closer together in the metaverse creates new opportunities for interaction. And, in the end, this could be mutually beneficial.

Moreover, the metaverse will support traditional 2D videos with 3D virtual rooms. During interviews, candidates will be able to interact with a metaverse of corporate office buildings and branded virtual conference rooms. This concept can be expanded to include entire metaverse career fairs, assessment centres, and hackathons, where candidates will enter the virtual world with real-time interaction.

 

  1. Elevate The Onboarding Process For Your Employees

The first few days as a new employee are crucial in shaping their paths at work. Businesses can use metaverse to ensure that they create an immersive experience for learning and networking. A recent example is Accenture where over 150,000 new joiners began their careers in the company’s virtual campus, called the Nth Floor.

The result was very promising. New joiners attested to having meaningful conversations in the metaverse as they were not distracted by any emails or pings.

 

  1. Fostering Loyalty At The Workplace

The VR workplace is a new way for companies to be innovative and forward-thinking. With the Great Resignation not slowing down, many employees are looking at how they can stay productive in these times of change – especially if it means being on top of technology trends like remote work! Employees want to be part of something new, and cutting edge. Businesses can create workspaces or meeting rooms in the Metaverse so that teams from different locations can come together. They can brainstorm, socialize, and have monthly meetings – the opportunities are only limited to the imagination.

 

  1. Strengthen Team Collaboration And Innovation

The metaverse is an excellent platform for collaborating and innovating the way businesses work. With AR holograms, brainstorming sessions between teams become interactive; you’re able to see what your partner looks like on screen while working together with their very own digital twin, a.k.a.  ‘avatars.’ Collaboration between work teams via AR holograms or 3D modelling sessions will change how remote teams work together. 

 

  1. Overcome Hidden Bias During Recruitment

One of the most difficult challenges in hiring is unconscious bias, which occurs when a recruiter or hiring manager forms an opinion about a candidate based on something other than their professional credentials, such as the candidate’s name, gender, ethnicity and so on.

An organization could use the metaverse to ask candidates to interview in the same likeness, with no individual characteristics. This will end any biases they may have faced.

 

How AIQU Can Assist Businesses in Entering the Metaverse  

AIQU can support companies that are looking to step foot in the metaverse. Creating a metaverse strategy requires experienced creators from various fields including cyberspace experts, hardware engineers, software developers, blockchain engineers and others, all of whom are challenging to recruit. Our team of experts have over 15 years of local and global IT recruitment experience across 6 specializations, which can assist businesses in hiring the finest IT candidates to execute their metaverse strategy.

Curious to learn more? Get in touch with our IT recruitment experts to find your next metaverse candidate now.

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