Onboarding top talent is a priority for any organization. But it is challenging to attract quality talent in this Great Resignation era. About 5 million Americans have voluntarily quit their jobs in 2021. You will need more than just a reasonable offer to attract qualified talent.
To differentiate yourself from the rest and attract the best, you need commitment and creative recruitment strategies. You should handle your recruitment creatively the way you do with your marketing. The bottom line is ensuring the recruitment strategies you choose work for you.
Let’s explore how employee recruitment strategies can work for your business and beat this Great Resignation wave.
- Using RPO for Faster and Cheaper Recruitment
RPO (recruitment process outsourcing) is the simplest way to get quality talent faster at a fraction of the cost. It refers to outsourcing the recruitment exercise to an external expert. It allows you to concentrate on other crucial aspects of the organization.
But it does more than just free up your time. Most companies in the manufacturing or health sectors can not afford to have unfilled vacancies for so long. Not to mention the recruitment challenges if you’re hiring globally. But, RPO recruiting can efficiently handle the complexities and expedite your recruitment process.
Your business will save on costs associated with in-house recruitment. And the best part is you get your vacancies filled faster, thus reducing workflow delays. Hence your regular operation can experience little or no interruption.
- Re-Engage With Previous Candidates to Fill Vacancies Faster
Re-engaging with your previous candidates can help you help fill the vacant roles faster. According to LinkedIn, only 30% of job seekers are active, leaving 70% passive job seekers. And both active and passive job seekers are open to new opportunities.
It means you may miss a great deal if you solely concentrate on candidates actively looking for jobs. Your best bet is passive job seekers or a mix of the two. And the best way to tap on the incredible talent potential of passive candidates is by re-engaging with your talent’s pipeline.
Share your vacant roles with former qualified leads and save time filling the positions. You do not need to start your hiring from scratch when you have a head start. That is a plus for your business.
- Enhance Your Brand As an Employer
The Great Resignation means that you must double your efforts on branding to appeal to prospective employees.
What do you do to attract your target market? If they are climate-conscious, your product must come out as sustainable. And if they are too busy, your product must be convenient and flexible to their routines.
You must attract the top talent in the same way.
Understand what appeals to them and package your branding as the best place to work. The more you invest in your employer branding, the more likely you will attract the right talent. Your brand as an employer must demonstrate your core values, mission, and vision. All these must be captured across your website, social media, career pages, and job postings.
According to Glassdoor, 50% of qualified candidates state that they can not work with a company with a bad reputation. As a result, developing strong and compelling employer branding improves your employee value proposition.
Employer branding will also improve your market positioning. Candidates may refer you to colleagues they feel are the best fit for your organization. So, you need to ensure a smooth candidate experience throughout the recruitment process. RPO recruitment companies may come in handy with the right tech stack to enhance your candidate experience.
- Using Diversity and Inclusion Increase Your Performance
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There is more globalization in the world than ever before as cultures and diverse people increasingly integrate. As a result, the business case for diversity, equity, and inclusion is more viable. Research has shown that most diverse companies post more impressive performance than their less diverse peers.
Whether it’s gender, culture, or religious diversity, each can impact your bottom line. According to Boston Consulting Group, diverse leaders could gain a 45% increase in performance.
It is important to note that millennials are a significant force in the market, and they value diversity. As a result, your company must incorporate diversity recruitment strategies. At the same time, you must do away with any bias throughout the selection process.
Such a strategy is a first step forward toward enhancing the employee experience. It will also demonstrate to the candidates that you value a people-first approach in your organization. In short, diversity and inclusion make your company future-proof, and you’ll gain enhanced performance in the process.
- Leverage Niche Job Boards
There are hard-to-fill roles like highly technical roles that may take a while to fill. Niche job boards can come in handy for such cases. It will save you time and effort, unlike general job boards.
General job boards will get you many applicants, but they are not effective for specialized roles. Check out niche job boards rather than spending your energy and time on unqualified candidates.
- Use Employee Referral System
Another cost-effective way to recruit faster is through an employee referral system. But you must have a great employee experience for this strategy to be effective. Your employees can only refer their friends and family if they appreciate your workplace culture and values. Otherwise, they can post negative reviews that may do more harm than good on online review sites.
However, if well designed and managed, an employee referral system can have a high ROI. It cuts your recruitment costs besides improving employee satisfaction. Also, it can drive a higher employee retention rate cushioning you from the rampant turnover from Great Resignation.
Take Away
Let’s face it; the Great Resignation has put every company in a panic mode. But you don’t need to lose sleep because of it. You only need creative recruitment strategies to sail through the wave.
We have highlighted some of these strategies and how they can impact your business. Remember, you can still get the top qualified talent at a fraction of the acquisition costs. Also, you can drive faster hiring depending on the strategies you choose. RPO consulting and employee referrals can offer great ROI.
