What are the challenges faced by recruiters in this year to hire the best talent? How can they be solved? Read on to find out…
The COVID-19 pandemic has taken almost the entire world into its aftermath and is affecting almost every other sector of the economy. In a similar way, companies are facing difficulties in hiring new talent as everything needs to be done online. Employment rates, (which hit historic highs at the end of 2019), are expected to dip in the coming months. Some companies are considering halting their hiring process until the situation improves. Rather than panic or chalk recruitment and employment up as failed ventures, employers should be considering ways to ensure that their offices and prospective employees are safe from the Covid-19 threat. This blog tells you about the hiring challenges and solutions for this year.
However, there are some aspects that employers and employees should consider in this regard. The threat of coronavirus does not mean no one is hiring or that candidates aren’t actively looking for placements. There are additional means to prepare and protect people in the workplace. The recruiters can still carry on their recruitment process while working remotely. However, hiring in this year can pose some very serious challenges to recruiters, some of which are discussed in this blog.
#1 Expanding candidate reach
The talent shortage is the №1 hiring challenge today. A study by the National Federation of Independent Business has found that 87% of HR professionals reported “few or no qualified applicants” for the positions they were trying to fill. Due to the lack of qualified candidates, employers who want to fill their open positions with great candidates will have to look beyond their employees’ social networks and local communities. They have to find a way to expand their candidate reach in order to find those rare hidden gems.
In order to reach a wider pool of talent, you’ll have to extend your presence across all the possible channels and places. In other words, you should start building a multichannel recruitment strategy. Make sure that job openings will be advertised across different places and channels, including multiple free and paid local and global job boards, different social networks, internal and external employee referrals, your career site, career events, college and professional networks’ newsletters, forums, etc which can be easily achieved with the help of an Applicant Tracking System.
#2 Targeting passive candidates
The way things are going, soon there will be no job seekers, only passive candidates. According to LinkedIn’s research, 70% of the global workforce is made up of passive talent who aren’t actively job searching and the remaining 30% are active job seekers. The good news is that most (up to 90%) of these passive candidates are interested in hearing about new job opportunities.
Since passive candidates aren’t actively looking for a job, you won’t find them checking out your career site or job boards. Instead, you have to go where they are that is on social media. You need to utilize the power of social media and start promoting your employer brand on social media. This doesn’t mean just posting your job openings across different social media networks. You should also share stories, photos, and videos that present and promote your company as a great place to work.
#3 Attracting the right candidate
As reported by Glassdoor, 76% percent of hiring managers admit attracting the right job candidates is their greatest challenge. You need to refine your hiring process in order to attract the right type of candidates from the start. You need to attract the right job candidates to apply, and discourage all the rest from applying!
Start by stating clear and precise job requirements in your job descriptions and job advertisements. Use your career blog to write about your company culture and present everyday life at your office. That way, potential candidates will be able to select themselves in or out of your hiring process by themselves.
#4 Inefficient talent sourcing
The right candidates are out there. However, without an efficient talent sourcing strategy, HR professionals spend countless hours and invest a lot of effort trying to find them, but with poor results. Recruiters find it very difficult to find high-quality candidates and obtain their resumes and contact information.
If you want to find high-quality candidates, you need to apply advanced talent sourcing strategies and proactively reach out to your potential candidates. Stop wasting time on manual sourcing and invest in powerful sourcing technology.
#5 Hiring for diversity and inclusion
Hiring for diversity and inclusion will be a priority for HR professionals in 2020. According to LinkedIn’s research, 78% of HR professionals say that diversity is the top trend impacting how they hire. Additionally, 67% of job seekers said a diverse workforce is important when considering job offers, as reported by Glassdoor.
To get diverse candidates interested in joining your company, make sure to highlight your company’s dedication to diversity. Present quotes, photos, and video testimonials from your existing diverse employees on your career site and social media profiles.
#6 Adoption of new technologies
Technology is changing the world as we know it, and that includes how we hire. Modern recruitment technology offers the promise to advance and make hiring easier and more effective. While this is indeed exciting, the adoption of these new technologies can become overwhelming and scary.
You need to adopt the latest recruiting technology solutions. Invest in modern, easy to use all in one recruitment software. An Application Tracking Software can streamline your hiring process by providing end to end recruitment solutions and making it possible for your hiring team to collaborate.
#7 Integrating multiple recruitment solutions
With the proliferation of different recruitment solutions, it has become necessary to integrate multiple recruitment software into a major talent acquisition system. The problem is that this integration is rarely seamless. Integrate different recruitment solutions under one, powerful platform. Invest in a modern, easy to use all in one recruitment software with powerful integration options. Make sure to choose the best recruitment software there is!
Every year is bound to have its own hiring challenges and solutions. While modern challenges require modern solutions, an applicant tracking system can prove to be your go-to solution for any hiring challenge. It combines various features to make hiring easier and simpler for recruiters. It’s high time now, to switch over to smart solutions for your hiring process.
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