Saturday, September 27, 2014

Attracting great applicants when qualified people are scarce



More than three in four employers say they’re struggling to find qualified people to fill their open positions.
Outplacement consultancy Challenger, Gray & Christmas recently conducted a survey of 100 human resources executives in a variety of industries nationwide. The bottom line: 77% of respondents said they were having trouble filling open slots because the applicants they were seeing didn’t have the right backgrounds.
The toughest slots to fill? Here’s a rundown:
  • Technology/technical — cited by 45% of respondents
  • Finance — 30%
  • Manufacturing — 20%, and
  • Management — 5%.
About half of survey participants said their companies are not yet offering any special incentives to attract candidates. Other firms are using referral bonuses (36%), relocation assistance (36%) and signing bonuses (23%).
Finally, the most chilling finding in the research: 91% of respondents said that as the economy continues to expand, the labor shortages will become even more acute.

The old recruiting channels just aren’t working

Clearly, in an era when good people are difficult to find, it’s important to take steps to draw the best talent into your candidate pool.
Jerome Ternyck, writing on Inc.com, says many companies unwittingly cripple their recruiting efforts by using outdated and unsophisticated tools: spreadsheets, email and applicant tracking systems (ATS).
Here’s Ternyck’s three-step prescription for modernizing your digital recruiting efforts:

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