If you are hiring, the news right now might seem less than encouraging! Earlier this month, The Wall Street Journal reported that U.S. Job Openings Outnumber Unemployed by Widest Gap Ever: http://bit.ly/job-openings-outnumber-unemployed. That means the person you want to hire most likely is currently working for someone else. If you are thinking like many other companies, you might feel the need to throw more money at prospective employees, as validated by the Institute of Supply Management’s findings in May, 2019: http://bit.ly/filling-jobs. What are your options to avoid elevating salaries solely to attract candidates? First, recognize that hiring is more difficult than in years past and it’s also more complex. That means you need an effective plan that will help you identify the right talent attributes to gain the results you’re looking for, enable you to access the right candidates, and quickly and efficiently navigate prospective hires through your hiring process.
The best way to ensure you are targeting the right candidates that possess the right set of competencies for the role and the culture of your organization is to benchmark the position. Always solicit feedback from your team; benchmarking is an effective way to do so.
These days, it’s not a candidate waiting for a call but more often, it’s a hiring manager waiting for a candidate response! Accessing the right candidates takes more skill and know how in today’s talent market. Make sure you’re using multiple avenues to reach your targeted candidates, and when you do get a response, respond quickly to keep the candidate engaged with your opportunity.
Urgency is important but don’t move so quickly that you short-change your interview process. Missing out on the person who you thought was the perfect candidate is disappointing. However, hiring the wrong person because you skipped a key step or two in your process in the rush to hire is both disappointing and costly. Stick to your plan while executing it efficiently and effectively. In February, the Wall Street Journal quoted an Indeed study that reported candidates are put off by having to clear too many hurdles. Moreover, after an offer is extended, candidates also report that delays in the process are an important factor in determining whether they will accept them.
There are talent acquisition experts who can help in each phase of the hiring process. If you’re not ready to hire a firm to recruit for you, at least engage a talent expert to help you identify the right steps if you are experiencing results that are less than optimal.
JESSI Search, Inc. is recognized as being experts in talent acquisition. We welcome your questions and comments and are happy to help you get the hiring results you’re seeking.
“It’s often hard to just throw money at a problem when you don’t really know what the problem is.” ~Megan Rapinoe