Too many job openings are chasing too few candidates. Employers must create a seamless recruitment experience to attract talent in a competitive environment, writes Pooja Maggon.
In an increasingly competitive talent marketplace, recruiting needs to be faster, not slower. The longer jobs go unfilled, the more recruiting costs pile up. Plus, there’s the cost of lost productivity and burnout among your current employees who are forced to pick up the slack.
Source: Training, March 10, 2022. Link. Organizations of all sizes now realize that simply increasing salaries and total rewards is not sustainable and, by itself, it’s not enough to ensure you have the talent you need to succeed in the future. Sustainable success requires new approaches to attracting, hiring, developing, and retaining talent.