The recruitment landscape is constantly evolving. Companies must stay ahead of the recruitment curve to attract and retain the best talent. There is no cookie-cutter solution to weathering the talent crisis in many industries, but being aware of the recruitment challenges on the way of companies can be a huge step forward toward finding a solution to tackle this problem.
Let’s understand the recruitment problems and solutions for them-
Recruitment is not an easy task. It takes a village to hire the right candidate for the vacancy in an organization. Any recruitment team faces lots of challenges throughout the hiring process. Recruitment firms must fill the open position within the minimum time frame to stay ahead in the market. When an open position is on hold for a long time, it might affect the company’s reputation and goodwill.
Whether you’re a recruitment consultant in an agency or an HR manager, it’s likely that you face some of the same recruitment challenges that others might do.
The job market has changed drastically, giving candidates the upper hand in the process and making it essential for companies to do more than just post a job vacancy on an online job board and wait for the perfect candidate to apply!
With that in mind, let’s look at the top recruitment challenges of 2023 and how to solve them. By building an efficient recruitment strategy, we can stay ahead in the recruitment game in the coming few years.
Solution: Finding the right candidate to fit the job role can be difficult and tedious. As the options are limited while companies try to locate the right person in a pool of unqualified applications received, you often end up settling for candidates who are not the right fit for the job.
To avoid such situations and regret later, the best way is to form a smaller pipeline of qualified talents over many applications. For companies to attract top-notch and qualified candidates, advertising job vacancies on different job portals can be a great jumping-off point. Putting a job opening on the website is also a good practice, but waiting for applications to roll in through the website might take longer.
It’s crucial to observe and act on the various methods candidates adopt to find the right jobs. For example, 42.9% of candidates search jobs by using a job board, and 32.1% of searches are found using career sites. Companies must ensure to advertise on the right platforms for their industry.
Solution: There is always a shortage of qualified candidates for companies’ demands. At the same time, it is very difficult to find an exact match for the required profiles. Finding a qualified candidate is one of the biggest challenges faced by recruiters in the industry(particularly in case of technical recruitment, where the technology evolves at a very high pace). Good/qualified candidates are often contacted regularly by recruiters. On the other hand, candidates with hard-to-find skills often consider several job offers simultaneously. Recruiters should put extra effort into persuading passive candidates to stay ahead of the competition. One thing that the recruiter needs to keep in mind before contacting a passive candidate is to research if the current job profile excites them as well as reasons that make them happy in their job. Companies should personalize their sourcing emails to describe what they can offer the candidates instead of what they are bringing to the company.
Solution: With an ocean of available information, candidates who are applying for jobs can peep into a company’s history before sending their applications!
According to Glassdoor, any job applicant will read at least 6 reviews about a company before concluding any opinion. Almost 69% of job-seekers will not accept the job if it has a bad reputation. Companies should ensure to build a strong brand to miss out on the best candidates. Companies must spend some time talking to candidates for a better understanding of how they can improve their interview processes and turn them into advocates for curbing staffing challenges. Also, replying to comments concerning the hiring process or employer product needs to be addressed on social media and the website. Encourage existing employees to share their experience on social media and review platforms like Glassdoor, AmbitionBox and Indeed.
Setting up a marketing team who can help to show what day-to-day life in the company looks like is really important. Companies could encourage employees to build their brand recognition on social media platforms with proper hashtags and by showcasing the culture companies have created to grow the business. It will help in attracting more like-minded people to the company.
Solution: Job seekers have the power to pick and choose the jobs they apply for, and will often avoid overly-complicated application processes.
It is recommended to mention basic information like salary scale and perks, in the job adverts in order to avoid confusion later on.
Attracting the best talent also means prioritizing the candidate’s experience. This means having a recruitment process that is less time-consuming and as straightforward as possible. Otherwise, companies might end up alienating great applicants and losing out on good potential. Streamlining tasks involved in hiring procedures, such as candidate engagement, candidates’ data management, recruitment marketing, etc. through automation, is the smartest way to save time and proceed with the recruitment.
Solution: Use data-driven recruitment.
Recruitment data and metrics help companies to constantly improve their recruiting process in order to make more informed decisions. Although, collecting and processing data can be a hassle. Companies use spreadsheets to keep track of hiring data as manual data maintenance is more prone to human error. It also makes it hard to track data and trends accurately. Hiring teams need to compile and organize data more efficiently and streamlined way. The best way to store data and export helpful reports using systems is through ATS, Google Analytics, or recruitment marketing software. By using these, you need not track every recruiting metric. Having a conversation with senior management and discussing a few metrics when you were not an employee in the company also makes sense when you go for data and metrics in recruitment.
There are many other ways you can alleviate hiring challenges in your industry. Like- adding signing bonuses, and offering more to deserving candidates after evaluation. Moving ahead quickly when you find prospective candidates much deserving. So, companies should always have a hiring plan that should be executed well in order to onboard great employees.