The success of a company majorly depends on the kind of workforce it possesses. Therefore, employers are focused on finding the right talent. This is critical to driving the success of your company because a new hire can either give a boost or slow down the growth you would have been making to achieve a goal. But how can you find the right talent for your company, especially when there is too much pressure to find qualified candidates in today’s competitive job market?
If you are also struggling with talent hunt issues, HR consulting services can always suggest the best ways to come out. Before that, let’s outline the main challenges and their possible solutions to mitigate the issues related to hiring talent.
Learn About the 5Cs to Focus
Challenge: With the extremely competitive workforce market, it becomes crucial for your company to create the right staffing strategies that can help you draw attention and recruit qualified candidates.
Solution: Improve your 5 Cs:
- Credibility: Integrity and trustworthiness
- Compensation: Competitive remuneration and employee benefits
- Culture: Shared values, mission and vision
- Commitment: Shared goal and approach
- Challenge: Thought-provoking and achievable goals and result
Make use of Social Media
Challenge: Recruiters working with old school approach and dependent on overwhelming job boards and traditional agencies to find talent.
Solution: In this digital age, when social media has become an integral part of our lives, it is essential to upgrade your recruitment strategies. Job seekers these days are hunting for relevant jobs on social media and applying to jobs directly there only. They are keeping themselves engaged with job-related content. You must utilize different social media platforms and techniques to boost your hiring efforts on social media. You can use some trending hashtags while sharing job posts. You can get your HRs trained through a consulting services provider on how to use social media for hiring.
Offload your Overburdened HR Teams
Challenge: Team members of the HR department are often overloaded and understaffed. This leads to hurriedly made last-minute hiring and onboarding decisions.
Solution: Offload some tasks from your existing overburdened team. You can hire a professional staffing agency to take care of your talent acquisition needs. They have a large pool of talent and a dedicated team to source, interview and onboard candidates for you.
Choose a Balanced Compensation
Challenge: Employers who choose to pay on the lower end of the pay scale experience higher attrition and have to devote more time and resources to their recruiting process.
Solution: The costs of sourcing, hiring, and onboarding, when combined with the costs of unfilled or failed recruits, frequently exceed the cost of a high-quality hire. Compare your hiring expenses to staffing costs and see how the figures come out. Spending 50k on a high-quality applicant is better than spending 80k to search, hire, fire, and replace a less effective employee.
Work on Employee Retention
Challenge: Companies prefer to spend more time and effort on hiring and less time and effort on employee retention.
Solution: Once you start balancing time, you can focus on creating the following:
- Enticing bonuses and rewardsFlexible work schedule or plans
- Liberal leave options
- Stock Options
- Ideal work environment
While your company may have been facing any one or all of these recruitment challenges, these talent acquisition solutions can help you improve your strategy to hire well-qualified candidates for your team. By incorporating the above-mentioned tips in your hiring strategy, you can surely make a meaningful difference for your organization when searching for candidates market. For more such worthwhile tips and HR consulting services, you can partner with WebMobril Staffing Solutions. We have a team of trained and certified experts who first understand your specific requirements and assist you in meeting your operational goals.