The talent acquisition industry continues to change and develop in fast and unpredictable ways. From the pandemic and the Great Resignation, to the Great Regret and hiring freezes, finding the best way to recruit top talent has never been harder. With a looming recession set to be the latest on this list, brands need to ensure they are doing everything they can to stand out, and hire effectively. With this in mind, here are four fundamental tools to help organizations hire effectively.
Our research recently revealed that 58% of HR managers find that difficulties during the hiring process are negatively impacting their business performance. It has grown to be a significant concern for organizations, with an increasing amount of businesses now beginning to think carefully about the way in which they attract quality candidates, to truly bring a return on their investment. Talent acquisition will continue to be important and businesses will need to be creative and efficient when recruiting – and to stand out from the crowd.
The way people find jobs has changed, and businesses need to find new ways to reach the ‘passive’ talent. For example, almost 70% of applications are made via mobile, highlighting how applicants desire quick and easy processes. Talent needs to be found in this market, and organizations of all sizes need good ‘’recruiters and sourcers’, not just good “responders”.
It is important for businesses to pause and think when it comes to the reality of hiring, including the workforce that is available. While companies must hire quickly, you also need to ensure that the talent you hire is worth the investment. Simultaneously, companies must review their interview processes to make sure candidates are engaged. It’s beneficial to allow candidates to “light apply”, which maximizes the potential number of applicants and ensures you don’t miss the best talent.
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