It seems a little counterintuitive that, even though unemployment levels in the US are still hovering over 5%, companies are still struggling to hire the right people. One thing is clear - the skills gap isn’t going anywhere. If anything, it’s getting worse, thanks to the radical shift to digital brought on by COVID-19.
For today’s businesses, hiring and retaining top talent is becoming a make or break issue. Top performers in today’s complex technical roles can be up to 800 times more productive than average performers. In other words, your next hires may well be your single greatest competitive advantage.
The trouble is that the pandemic has radically altered - well, pretty much everything. Including what job seekers are looking for in their next role. Luring those superstar performers away from the competition will require a serious recruitment rethink.
Here are 3 key areas to upgrade, if you’re keen to scoop up top talent this year:
1) Amp up your employer brandAs the job market picks up again, employees are considering their options. COVID-19 shone a spotlight on how businesses really treat their staff - leaving many disgruntled employees ready for a change.
25% of workers are planning to leave their jobs in the next 12 months, with the majority citing burnout as the cause. The New York Times calls it the “YOLO Economy” - white collar workers, disillusioned by their neglectful employers, exhausted by 10 hour days of Zoom calls, and with plenty of unspent savings in the bank, are chucking it all in for high-risk ventures or better work-life balance.
For companies looking to steal a march on the competition, this offers a tremendous opportunity to recruit top performers. If your business was one of those who figured out how to support your employees during the pandemic, now is your time to shine.
Here’s how:
Today’s job seekers expect to have a great digital experience with your company - or they may well just not bother to complete their application. During the pandemic, we all became so used to doing everything online, our tolerance for a frustrating digital experience has fallen dramatically.
It’s time for recruiters to start thinking like marketers. It’s not all about the top end of the pipeline - what are your bounce rates like? How many candidates take one look at your lengthy, off-site application form and just give up? Are you asking candidates to repeat their contact details again and again?
After all, there’s no point spending time and effort creating a stand-out employer brand - only to lose your top candidates before they’ve even finished completing their first application form.
To get this right:
3) Overhaul your recruitment strategy and toolkit
In the post-pandemic world, it’s time to take a long hard look at our recruitment tools, sources and processes. For starters, restricting yourselves to traditional talent pools, such as leading universities, makes no sense when today’s top candidates may have been just as likely to pick up the necessary professional skills on their own, from a laptop in their living room.
What’s more, Harvard Business Review points out, conventional skills-based hiring doesn’t work if the skills required for a role can change in a matter of weeks. Within the next 18 months, jobs in key functions like IT, finance or sales will require as many as 10 new skills. By the time a candidate has been selected, their skills will already be slipping out of date.
Finally, today’s recruiters need to be able to hire remotely. This isn’t as simple as shifting everything over to video call. Zoom fatigue is real - and faulty internet connection is a terrible reason to miss out on a great new hire.
To keep your top candidates excited to join your team, consider:
Markers like a broad range of experience, transferable skills, a strong sense of initiative and hgh levels of curiosity may prove more useful than previous experience in an identical role.
Consider increasing your focus on internal hiring. It may be far more cost effective - not to mention great for employee morale - to upskill an existing top employee at your company, than it is to hire a new one who already has the skill required.
With a platform like RecruiterShare®, you can be connected with rated and vetted recruiters anywhere in the world within minutes, and without paying crazy agency fees. Think crowdsourcing - but for top recruiters. You’ll be able to find and hire top talent faster and better than anyone else.
Summing up, to scoop top talent from under the noses of the competition in today’s post-pandemic job market, you’ll need to:
If you’d like to know more about how RecruiterShare could help your business find and hire top talent in today’s post-pandemic world, please click here to read more about us - or set up a free consultation call with us over here.