Winning in the economy recovery
He who hires best, first, wins the economic recovery race.
Everyone senses or is experiencing the long-awaited turnaround in the marketplace. Thankfully, that includes recruiters, who are suddenly very busy again. Unfortunately, some employers haven’t caught on that it’s not business as usual when making hires. They still think they’re in the driver’s seat and can operate the way they have for the past few years. The opposite is true.
The reality is that the best candidates are finding jobs—quickly! Over the past few months we have seen too many companies lose out on great new hires. The practices of dangling offers, low-balling compensation and relo packages, and dragging out the process while searching for the elusive “more perfect” candidate have ended with no hire being made and highly talented candidates being hired by the competition.
Here are some tips to get your hiring practices in line with the new realities:
*Identify which hires you need to make to immediately to help your company or department get ramped up for growth.
*Create a well-defined, realistic job description with appropriate, competitive compensation and benefit packages.
*Initiate recruiting plan using posts, social media, in-house and external recruiting.
*Identify the best candidates and initiate interviews quickly.
*Merchandise your organization, environment, and benefits.
*Evaluate the finalists and move to offer.
*Don’t allow the process to get bogged down or sidetracked at any point.
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