Competition for TOP talent remains at an all time high! Therefore, it is imperative for companies to revamp and optimize their recruiting procedures to ensure that the best candidates do not get away. Here are some simple adjustments your company can make to stop those high quality candidates from going to your competitors.
Ensure your jobs are priced competitively
This should be completed even before your recruitment process begins. Not only does it ensure alignment among the hiring authorities, you are better positioned to attract the caliber of talent you need and to act quickly. As a recruiter, I worked with a number of companies who struggled to fill positions that were priced below market value. Therefore, it’s important to keep in mind that if you want the best…then you will need to pay the best. Don’t misjudge the pay rate, benefits, perks, etc., necessary for the best quality candidate to accept a position. Candidates know their worth, understand the market, and are inclined to reject offers that are not competitive.
Streamline your hiring process
Do you really need to bring your candidates back in for second and third interviews ? If you ensure that all the participants in the hiring process are available for the first interview, then decisions can be made quickly and effectively.