Combating your top recruitment challenges
In 2018 demand for skilled professionals will continue to increase, further stretching existing talent pools. With competition to secure top-tier staff growing, employers are facing challenges to their recruitment strategies.
Below are three top tips that you can implement today, to help you combat these challenges and secure top talent.
Upskilling current staff
According to the new research from Robert Walters, Jobsite and totaljobs - Solving the UK Skills Shortage, 48% of senior professionals state a lack of sufficient experience as a major challenge to recruitment.
Four in ten employers say candidates lack the right technical skills, and 38% highlight a lack of broader business skills including efficiency, communication, team work, time-management and proactivity.
An often overlooked remedy to tackle skills shortages is to improve the output and the capacity of current employees through training, learning & development and internal promotions.
Current employees offer a ready-made pool of talent equipped with both industry insight and an in-depth knowledge of the company. Despite this, less than half of companies look to upskill current staff (49%).
By implementing a development or mentorship programme, you can retain key employees and fill skills and gaps knowledge within your staff. (Learn more about the Value of Mentoring by downloading our whitepaper here.)
Offering a professional development programme or high potential track is also a key benefit to help you stand out against competitors, to potential jobseekers.
Offer competitive compensation packages
Competition for candidates (32%) and professionals having too high salary expectations (32%) are also significant hindrances to recruitment.
This is reflected in candidates’ responses as well. 49% of women and 46% of men say their biggest barrier to finding their next role is low salary and benefits packages offered by prospective companies.
With evident discrepancies between what many employers are paying, and candidates’ expectations, increasing compensation packages to reflect market rate, or higher, can help you stand out against the competition.
Many employers benchmark salaries and gather market and competitor information before deciding on a role’s salary banding, but being flexible in the negotiation process once you have a preferred candidate will also help to ensure you don’t lose talent.
More companies are also beginning to implement new working initiatives and provide enhanced benefits packages, to boost their company’s attractiveness.
Streamline your recruitment process
44% of jobseekers say recruitment processes take too long, compared to only 31% of clients, highlighting a disconnect between candidates’ expectations and companies’ recruitment strategies.
With 14% of hiring managers saying they face candidates getting buy-backs and receiving multiple offers, a major cause is the length in time between advertising and making an offer.
An interview is no longer just a candidate selling themselves, but instead is a two-way street, with most high calibre candidates enjoying a choice of new roles.
You can combat this competition by streamlining your recruitment process - making sure you offer your preferred candidate faster and potentially stopping them from considering different roles. An interview is no longer just a candidate selling themselves, but instead is a two-way street, with most high calibre candidates enjoying a choice of new roles
If your workload is causing the delay, consider partnering with a recruitment agency who can take the majority of the workload off of you, offering a more efficient and effective process.
ABOUT THE RESEARCH
Robert Walters partnered with totaljobs and Jobsite to survey over 5,000 professionals across the UK to gain insight into key shortage trends, the potential impact of Brexit in a global market, changing candidate expectations, individual industry analysis and innovative recruitment strategies to combat skills gaps.