As economies around the world continue to grapple with the effects of the pandemic, the job market has undergone a seismic shift. For HR professionals, the challenge has been trying to keep pace with this rapidly evolving landscape, especially when it comes to recruiting talent. According to recent studies by Gartner, over 46% of HR leaders consider recruiting to be one of their top priorities, and 36% admit that their sourcing strategies are simply not adequate enough to find the right candidates. In this blog post, we will explore three key strategies for prioritizing recruiting in a shifting market and ensuring strong talent and business outcomes.
According to recent studies by Gartner, over 46% of HR leaders consider recruiting to be one of their top priorities, and 36% admit that their sourcing strategies are simply not adequate enough to find the right candidates.
1. Build an intelligence-based sourcing capability
One of the most effective ways to find and attract top talent in today’s competitive market is to adopt an intelligence-based approach to sourcing. This involves leveraging data and analytics to better understand the skills and experiences of the candidates you are looking for, and then targeting your recruitment efforts to reach them more effectively. This might involve using innovative technologies such as AI-powered recruitment tools, or building relationships with niche talent pools to ensure you have a strong pipeline of qualified candidates at all times.
2. Create an equitable internal labour market
3. Build onboarding for engagement
Finally, when it comes to recruiting in a shifting market, it’s crucial to focus on building an onboarding process that emphasises engagement and connection with new hires. By prioritising engagement from the very beginning of an employee’s journey with your company, you can create an environment that fosters retention and professional growth. This might involve developing personalised onboarding plans, offering mentorship programmes or peer support groups, or simply prioritising regular cheque-ins and feedback sessions with new hires.
In today’s rapidly shifting market, prioritising recruiting strategies is essential for business success. By focusing on building an intelligence-based sourcing capability, creating an equitable internal labour market, and building onboarding for engagement, HR professionals can ensure that their organisations remain competitive and retain top talent even during challenging and uncertain times. Ultimately, the key to successful recruiting in a shifting market is to be agile, data-driven, and focused on delivering strong talent and business outcomes.