In the current economic climate, being able to find and retain top talent for your company is crucial. Even in normal times, the cost of an empty vacancy in an average business is estimated to be $500 per day. A failure to hire the right employees when you need them could cost you dearly.
That’s why knowing the essential employee recruitment strategies that are proven to work is a crucial asset in 2020. With that in mind, here are seven employee recruitment ideas that will help you find and net the talented people you need to thrive.
Smarter and Savvier Job Postings
When it comes to your employee recruitment program, the first place you should be looking at is your job ads. Far too many companies cut corners here, thinking that a job title, a salary, and a tagline is enough to net top talent.
Wrong. Use your job ads to catch people’s attention. Have a catchy mission statement. Communicate directly to your ideal employee.
An Employee Recruitment Referral Program
If you want to know how to recruit the best employees, take a look at your current team. Few people will know who is right for your company better than your own employees.
Create a referral program that offers cash bonuses to employees that successfully refer to a candidate who gets hired. This will help you, secure quality interviewees.
Hire an HR and Payroll Team
Recruitment these days is far too complicated to conduct in-house. As countless other successful companies have done, you should consider hiring a payroll and HR team to help manage every aspect of the recruitment process.
You can click here to view more on the kinds of outsourced HR teams that can take all of the labor and complexity of recruitment out of your hands.
Pivot to Gen Z
It is 2020 and Gen Z is no longer the teenaged interns who only have enough experience to fetch coffee. Generation Z has entered the job market in earnest and is more tech-savvy and high-skilled than any other generation was at their age.
Investing in Gen Z recruitment now could net you some highly skilled workers that could stay with you for life.
Think Beyond Numbers
Too many employment recruitment strategies focus on numbers. Salaries, bonuses, and vacation days are all well and good, but these do not actually compel talented workers to choose a particular company.
Rather, they want to be a part of something important and bigger than them. Inspire your prospective candidates with a mission and a purpose that they are invited to make a reality.
When it comes to employee recruiting, incentives always work to attract better people. Incentives can be a low-cost, high-value way to help you attract the very best candidates.
Think relocation bonuses, healthcare plans, or even cheap incentives such as free snacks and gym memberships. Employees that feel cared for by a company will stick around.
Don’t Forget Ex-Employees
Finally, it is important to remember that burning bridges never helped anyone. All employees will move on at some point, so do not take this as some kind of betrayal.
Rather, keep your former employees on the back burner and get in touch with them if you have a vacancy that you think they could fill. Hiring a former employee will also save you serious time and money in training costs.
Build Your Business Back Better
Mastering employee recruitment will help you build a business that is dynamic, durable, and competitive in 2020 and beyond. However, that’s not all that it takes.
Staying on top of the latest trends in business and recruitment will keep your business ahead of the curve and on top of an ever-changing world.
For this, our Business section is here to provide you with the insights you need to build back better than ever.
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