Recruiting is one of the most expensive investments many companies or organizations must make. Frequently, the cost of hiring can be 1.3 times the salary of the position. A company can reduce its hiring costs by implementing these three recruiting solutions.
3 Key Recruitment Solutions
1. Eliminate assessments from your recruiting solutions.
Many candidates will abandon a job application process if they’re required to complete an assessment. This is particularly true if the assessment comes early in the process. To attract the best talent for the team, employers should consider dropping an assessment. If they can’t drop the assessment, a company could either reduce it significantly, pay for the labor (if the assessment is a task), or require candidates to complete the assessment later in the process. If the candidate has completed many interviews and grown invested in the company and position, they’ll be less likely to abandon the job application because of an assessment.
2. Use virtual solutions to grow a pipeline of candidates.
Employers should never rely on passive hiring practices alone. A company should use a virtual recruiting solution or two to build a pipeline of talent. To optimize their investment, an organization should keep an eye on what channels and solution works best. These are a few ways that companies could actively build a pipeline of candidates for recruitment:
- Hold a virtual recruiting event where the team can network and meet new talent
- Develop social media campaigns for hiring, especially the challenging positions that require talent that’s deeply in demand
- Invest in paid advertisements online, both for new positions and for the general employer brand
- Add new and niche job board postings or advertisements to the recruitment process
3. Update job board presence when recruiting.
Reaching the best talent often requires utilizing job boards. Businesses often reach the most candidates online, so curating an excellent presence on job boards is imperative. They should appoint one member of the team to handle this task. Improving job board presence should include updating the company logo and description with an accurate, new version. If the job board allows for text about the work environment, this should be developed and added. A positive, enjoyable, and supportive work environment is high on the priority list for most candidates. If the job board allows candidate reviews, it will be an important part of the process to respond to all negative reviews. On the other hand, responding to positive reviews isn’t necessary. It can actually make a candidate wonder if the review is fake. The last step is to have a member of the team complete a job application process on the job board. If there are any glitches or issues, they can catch them and get them resolved.
Find our 7 key strategies for maintaining talent and keeping workers engaged here.
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