Best Ways to Combat Talent Shortages

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Almost in every industry, companies have hard times finding the right candidates who have the necessary skills for the job.

The lack of talent is really big. Almost 50% of the small companies have a hard time finding suitable talents, while that percentage is up to 67 for big organizations. The latest studies have shown that these percentages will continue to rise in the next ten years. 

The struggle for finding the best candidates is real, and companies have to adapt their recruitment methods. They need to try new techniques and change their approach in order to attract the right candidates. Here are some tips on how to approach the hiring process.

Be more flexible

Over the past years, HR employees had the task to find talents with the help of recruiters. In today’s market, there are a lot more options for finding top talent.

Almost 30% of employers are searching for non-traditional candidates. They are on the hunt for employees of different ages, Geos, and backgrounds. To find suitable employees recruiters have to use different sources.

Because non-traditional talents may not possess the right education and experience for the job position they have an opportunity to make assessments tests. This way they can attract the hiring managers.

Source with referrals

A new model that is working perfectly for most companies is through referrals. Companies attract top candidates with a referral from an employee. In modern companies, the highest percentage of employment comes through referrals.

By engaging with the employees to refer talent you have a way to attract top talent a candidate who will have an insight into the company’s culture and vision. 

The current employees can bring you, top employees. It is a great idea to have a referral program in order to bring the best talents to your organization.

Train your workforce

Companies should always put focus on education and training the employees. This way you will gain more qualified employees. Since 2014 the trend for training sessions with the employees is rising and companies are investing more in learning tools.

With the help of training, you will improve the skills of your employees and you will have smaller needs for new talents. Over 90% of the employees say that they will stay at a company if the company is continuously investing in their education and training.

Candidates with great skills and talent are hard to find but are not impossible. By following these tips companies can always find suitable candidates for their job openings.