Four Recruitment Strategies in a Candidate-Driven Job Market

 

Hence, it is essential that in this candidate-led market, employers need to learn to manage their recruitment process to entice the best candidates fast or risk losing them to other organisations.

 

Below are four recruitment strategies for employers in a candidate-driven job market: 

 

 

Employing someone outside of your industry can mean additional work during the initial training. However, a new talent can provide different insights and methodologies that will add more depth and dynamics to your existing team 

 

 

In a candidate driven marketplace, employers are often competing within the same talent pool. Using your company’s branding when advertising your vacancy can often attract those candidates that may not be fully active within the job seeking market but who keep an eye on job boards in the hopes of finding employers offering better opportunities.

 

Moreover, be prepared to offer premium remuneration packages to influence the candidate to apply for your organisation. Sometimes, candidates also look for other perks that are more important than high salaries like work-life balance, telecommuting work arrangements or more holiday or vacation leaves. You may want to consider these options if you are managing your company’s cash flow. 

 

 

As an employer, recruitment campaigns often begin by comparing applicants to ensure employers have evaluated enough talent to make a well-rounded decision. In a job market where there is an inadequate number of well-qualified candidates, companies must have to complete recruitment processes on the back of between one and three interviews or risk losing a good quality applicant. It is important to act quickly and be decisive.

 

 

To get the best employee in the current market, interview processes need to be smooth, timely and direct to the point. Employers often adjust their routines to make a decision and provide a job offer before a candidate moves to potential interviews with other companies.