The market has been in an upswing for several years now, making the competition among employers even more fierce than it has been in the past. The reason it seems so hard to get who you need may be that you need to rethink what it takes to hire good talent. Here are three critical pieces of advice to help you find, attract and hire the skilled talent you need to help your business grow.
Have you updated your recruiting strategy to keep up with the changing hiring market? The way companies find talent is very different than it was even a few years ago. Digital recruiting tools such as social media and mobile applications have completely changed how and how fast candidates can apply for jobs. If you have not updated your recruiting strategy to take advantage of those changes, you are missing out on important hiring opportunities.
Additionally, companies need to be proactive to attract the industry’s top talent. Make sure you are advertising in the right places so that prospective candidates are made aware of an opportunity early. Consider recruiting passive job seekers, and even creating a slower, more proactive hiring process that works to identify and recruit future talent. Look to your existing roster of high performers for quality recommendations. Also, avoid spending your entire recruiting budget on one or two “rock stars” and focus instead on developing a team of well-rounded and effective team players.
In such a competitive market the best candidates are likely fielding multiple job offers and the basic compensation package simply won’t cut it. Financial incentives and hourly rates are important, of course, but they are not the only deciding factor for many new hires. Time off matters. Company culture and workplace flexibility matters. Great benefits and training programs matter. To make your company stand out, employees need to know that they matter, so take a second look at how your corporate culture and offerings are impacting your hiring success. Job satisfaction and extended learning opportunities are high priority, particularly for candidates in the early years of their career. So take a moment to think about what you have to offer your new hires, not just what they have to offer you.
The leading industry talent is interested in working on projects that help drive their career forward. Based on project and workflow needs, that’s not necessarily with the same company for years upon years. Loyalty looks a little different these days from a recruiting stand-point. Don’t let a resume that bounces around a little put you off. Recognizing that in order to stay competitive within their field, professionals often need to work on a variety of projects and with a variety of teams to achieve their career goals, you will be more open to hiring the talent who can make an impact even if it’s just for the short term.
For more advice that will help you get ahead of the hiring curve, contact US PRO today.
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