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T H ER E C R U I T E R

’ S G UI D E T O G
RA B
TIROE P T TA
H OP L
TA E
L EN
N TTT H
AT S TA Y S A N D DE L I V E R
S, W I T HO U T
B R E A K ING A S W E AT
T H E R E C R U I T E R’ S GU I D E T O G R A B T O P TA L
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C O NT E
NT
1n.troI duction

2. The War for Top Talent Gone Fiercer in 2019

3. How Top Talent Slips Through the Cracks: Explained By


Experts

4. How HR Teams Can Claim Top Talent: From Industry Insiders

5. Conclusion
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I N T R OD U C T ION
In a world where technology changes in the blink of an eye and
innovation lie at the core of everything, hiring has become a
different ball game altogether. Finding candidates who are hungry
to innovate is tough, let alone convincing them to join and stay to
propel business growth. Pass the buck to the gig economy, low
unemployment rates or other factors, you can’t expect top-notch
candidates to join, only through a better compensation.

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T H EWA R F O RT O P TA L E NT GO N E F
I E R C E R I N 2 0 19
HR teams and recruiters across the world have already started struggling to attract top talent. And, it’s not because they are not serious
about hiring or unable to entice the candidates. Ask a recruiter and they would come up with a ready checklist to hire top quality
talent:

Crafting personalized ATS-Proofing Timely Employee Engagement Benefits


job descriptions JDs Interviews Programs Packages

Even after burning midnight oil and leaving no stone unturned, top quality candidates either don’t turn up for the job or worse, slip-off
after attending the entire hiring process, probably sensing the place isn’t suited to their needs. Quite Frustrating, Right?

At Mettl, we surveyed more than 2000+ small to large businesses and even to our surprise:

67% of large sized organizations admi tt ed t hat acquiring top talent is one of their biggest challenges.

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And, if you factor the results drawn after including the inputs of all
organizations in the survey, the results are even more shocking and suggest:

Organizations agreed that attracting

>74 quality talent remains their biggest


challenge, de-
% spite their best known efforts an d industry
wide best practices.
You must be wondering, what areas are you faltering that are probably
dragging away the candidates from your organization. Let’s take a look at the
detailed reasons in the next chapter

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HOW TOP TA L E NT S L I PS T H R
OU G H THE CRACKS
1 . H I crazy,
Sounds GH E Right?
MPLO Y Eas
But, E much
S ATIasS you
FA C TI OtoNretain
want R ATES
top 2 . T E DIO
Attracting U S Rtalent
quality E CRU is Ialready
TMEN T C Y C L process
a tiresome ES as it involves
talent; so does your competitors thriving on the handful of quality scanning resumes, conducting interviews, assessing culture fit and
talent available. From offering the best working environment, all-alike. However, this is also the aspect that causes quality talent
avenues for growth via training to offering industry best benefits; to get disinterested and withdraw from the interview process. In
they do it all. All too often, they are not “active” job seekers, an era of instant gratification and multiple job offers per
unless they feel a strong enough reason to switch places. candidate, even top notch candidates want the interview process
to get over
Lois A. Krause, Practice Leader at Kardas Larson, LLC who holds as soon as possible. And when HR teams are unable to cut down the
25+ experience in HR industry comments, “ Most high-quality average time to hire; fearing of hiring incompetent people, even
candidates are currently working, so the number one challenge is quality candidates shy away. That stretches the recruitment
sourcing candidates that are currently working, and possibly not process and results in high turnover rates later. Attesting to the
looking to move.” She also suggests a failsafe way to attract such fact, Mettl’s internal research has also found the fact to be true:
candidates without sounding pushy. She adds-on,

I usually develop marketing techniques to entice candidates that Organizations agreed t hat managing
working for my clients is worthwhile and what they really need for
their career. I try to demonstrate that this is their next, best, ca-
reer move. I do not try to sell it, I only try to entice the ones who
34% hiring drives is one of their biggest
will actually benefit from the match. Sometimes that may be the roadblocks in attracting top talent.
orga- nization’s work, their industry, or their values. If they are
compatible with the candidate, it is much easier to match them.

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Adapting a structured interview process and using video Now, it’s time to leverage recruitment technology to source better,
interviews can greatly help in shortening interview cycles. so that the quality talent can filter down to screening and finally,
the selection.
3 . L O CAT I O N P R EF ER EN C
ES
Even when you are willing to pay handsomely and all other factors
are in place; location can often play spoilsport. Candidates can In 2019 an d beyond, you m us t focus on in-
turn down good offers, if their location preferences aren’t in line
as the cost of relocation and the stress that comes along vesting in recruitment tools t hat can manage
doesn’t
look worthwhile. But, that doesn’t mean you can’t convince top-tier en d to end recruitment for you, all u n der a
candidates to consider a relocation. You can assure candidates
that their overall life post relocation will only change for the good, single dashboard.
and not worse. Quoting an example, Matthew Ross, Co-owner and
COO of RizKnows comments, “We stress to potential candidates
that
Nevada has 0% state income tax. This also helps with the pay dis- Just imagine, how much time you can save if you can manage all
crepancy between us and larger firms. We can clearly explain can- didates, send them interview invites, conduct interview
that living and working in Nevada actually ends up to be about assessments and roll out offers; all from one single place.
the same as working in a large city like Los Angeles after
factoring
4. O V E R in-R
living
E L Icosts,
A N Cstate
EON taxes.”
T R A D I T I O N A L AV E N U E
S

If you are still looking for candidates on career sites, your recruit-
ment strategy sure needs a makeover. Although you can still find
top notch candidates, it’s not a failsafe strategy for the long term.

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Nevertheless, it’s time to look harder at talent that isn’t on career 5 . VA L U E & I NT E R E S T S O V E R
sites, and can only be found through social channels, employee re- LAP
ferrals and even hackathons. Talking about innovative recruitment The moment a candidate walks-in for an interview, they start fram-
ideas, Matthew Ross, co-owner and COO at deals site RizKnows, ing a perception about your organization. From how you walk them
explains an out of the box tactic to hire top talent. He comments, “In through the position, the people and the company culture; it’s going
short, rather than relying on sites, we seek out professors at our to decide whether they would join or not. Even if they do, you can
lo- cal college and let them do the recruiting for us. Basically, we never be sure if they are going to stick or not. Lynette Campbell,
form tight bonds with professors and ask them to find top-tier founder of Zoomers Employment Services, “One challenge is under-
candi- dates for us. So far, this strategy has worked great. In standing the values of the candidate in order to match them with
2018, we end- ed up hiring four new employees using this method. the company culture. This is because I believe that people apply
Ultimately, we for jobs out of need but they leave due to mismatched values.
feel like this is a beneficial relationship for all parties involved. We Conduct- ing a simple interest assessment or a Skills and Values
get outstanding candidates, the professors feel like they’re assessment will help recruiters identify an applicant’s
making an impact with their students and obviously, the students motivations.”
get an awesome job at a growing tech company. “ Even HR Expert Lois A. Krause says a little bit marketing can also
fetch you quality talent in no time. She says, “I usually develop
mar- keting techniques to entice candidates that working for my
clients is worthwhile and what they really need for their career. I
try to
demonstrate that this is their next, best, career move. I do not try
to sell it, I only try to entice the ones who will actually benefit
from the match. Sometimes that may be the organization’s work,
their indus- try, or their values. If they are compatible with the
candidate, it is much easier to match them.”

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We stay in regular contact with them, how they’re liking their cur-
rent job, and potential openings here. When we have a position
that’s going to open up and we think someone from our pool is a
good fit, we won’t even open the position until we’ve brought them
6. N O T B U I L D I N G TA L E NT P O in. Some- times, this makes our time to hire just a few days.
O LS
Most HR teams across the globe rely on “Just in Time” hiring and On similar lines, he also suggests how important it is to create ideal
float requisitions only when it’s high time and the organization can’t candidate profile as a benchmark to know how the potential hires
do without closing that requisition. Not anticipating the type of are performing and whether they are worthy enough for the
talent that the organization requires to thrive becomes a bottleneck organi- zation.
quite soon. All too often, a requirement pounces right after
dissolv- ing contacts with a candidate previously in touch. “One of the best techniques that I can recommend based on run-
ning proactive recruiting programs would be to create Ideal
That’s where the entire recruitment strategy falls apart. Therefore, Candi- date Profiles,then evaluate companies that may have
HR teams must get into the practice to get in touch with hiring similar roles as you will be hiring for, and identify the individuals in
man- agers to understand the requirements in advance, so that the those roles, then connect with them directly. Invite them for a
right talent doesn’t slip off or worse, land into the competitors’ phone call, cof-
kitty. fee, lunch, etc. Explain that you are building your talent pipeline
And then, no matter how many messages you drop on Linkedin or and have identified them as a strong candidate and wanted to get
follow-up, the candidate is gone forever. Offering a solid strategy to know them more, as well as share about your company. Then
to deal with such situations, James Conway, Head of Talent log all of the interactions on an internal talent pipeline document,
Acquisition at BambooHR says, “We’re in a lucky position where we which should indicate where the individual would fit in the org
have lots of quality candidates who apply, but we don’t have chart, so you are ready to hire top talent when the need arises.”
enough jobs to hire all of the people we interview. We’ve started
building Talent Pools with these candidates.

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As it’s quite evident that once you start building a talent pipeline,
not only you can have a list handy to close tricky positions, but you
can also reduce your time per hire to bring down recruitment costs
by significant margins.

7 . I N A D E Q U AT E TA L E NT B E N C H M A R K I N G

Before you think about hiring top talent, you must know how top
talent looks like and what role you want them to lead once they are
a part of your organization. Until you sketch the skeletal structure
of top talent in terms of what they will do, what their KRAs will be
and what support would they be expecting; you will be far from
appealing to top quality talent. Daniel Mori, president with
Employment Solu- tions proposes a better alternative to
counteract the problem,

“One of the biggest challenges that companies face in attracting


talent is that they don’t know what they are looking for. They don’t
take the time to properly define what talent looks like for their
company. Misguided, they routinely look externally to define a tal-
ented employee. Organizations rarely look at their top performing
employees to benchmark potential applicants against. They should
evaluate their current top performing employees to create an
Ideal Candidate Profile, that will be used as the benchmark for
assessing qualified candidates.”

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HOW H R T EA M
S CAN C L A IM T
O P TA L E NT
Every year brings a new surprise to the recruitment arena and 2019
is going to be no different. With more emphasis on automation and AI,
organizations can no longer over rely on traditional methods of hir-
ing to attract and retain quality talent and must have a well-defined
talent acquisition strategy in place. As candidates have more and more
options to choose from, the tables have turned in recent years. Now,
you don’t pick talent, but the talent picks you. Candidates have got
more power in their job search and a number of tools are available to
give them a fair idea about joining an organization or not. So,
operating in a recruitment market where everyone tries to pounce
on top talent; how do you survive and keep up with the changing
recruitment market.

To know the exact, we conducted a research with over 2000+ orga-


nizations and this is how talent acquisition is going to change in
2019 and beyond. Let’s take a look.

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1.SPEED &QUALITYOF HI more likely to attract and obtain high-quality talent. If they can
RING perform background screenings while being FCRA compliant,
There is no dearth of recruiters across the globe who miss out they can ensure they have a qualified workforce, with less risk.
on top quality talent for long-winded interviews or inability to
roll out offers in time. For efficiency, recruiters naturally have to respond to a tight
job market,where the fastest recruiter is more likely to get the
Even Mettl’s internal research validates the fact that closing an entry best candidate.”
level position takes 7-15 days whereas mid to senior level positions
require a m ont h or even, two.

And, spending such exorbitant times to close positions not only


increases the recruitment costs but also results in a poor candidate
experience. Although the stats about average time to close a requi-
sition are quite understandable, given the high-quality standards
that recruiters need to adhere to. However, improving the speed &
quality is going to be one of the key priorities of recruiters in 2019
and be- yond. Again, our same research conducted on 2000+
organizations reveals a similar story as 67% of organizations agree
that improving the speed & quality of hiring is going to be the game
changer.
Highlighting the importance of speed in hiring, Zach Townsend,
HR Manager at Verified First quotes,

”Reducing time to hire should be a recruiter’s highest priority


be- cause ofthe competitiveness of the market. With a
generational- ly-low unemployment rate, time is a competitive
advantage for HR
professionals. If a recruiter can decrease their time to hire,
they’re

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2 . EM P L O Y ER B R A N D 3 . CA N D I D AT E E X P ER I
ING EN C E
To attract and retain top - quality talent in 2019 and beyond, When candidates have multiple jobs to choose from, you have to
building a strong employer brand should be on the cards for every give them a pretty good reason to join your organization; which
recruiter. With more and more organizations striving to create should be different than a fat paycheck. And, providing a gratifying
better work- places and spend more to drive employee candi- date experience can do the job. The recruitment process is
engagement, your brand must create a positive buzz in the market. broadly classified into three stages, Sourcing, Screening &
Selection and Onboarding. Now, your job is to provide a seamless
And positive buzz means employees looking for a change should be and hassle-free experience in each of these stages, so that the
aware of your employee-friendly policies, a conducive work envi- candidate thinks, “The organization has a pretty decent and
ronment, employee benefits and most importantly, how work makes structured recruitment process. Must be a good place to work for.”
them feel at your organization; even before they join. Even a leading And, you are all set! On the other hand, if there are roadblocks in
Linkedin Report also suggests that 75 percent of candidates factor any of these stages or they get an impression that your
employee branding before joining an organization. A positive employ- recruitment process is haywire, they might look for a better fit
ee brand can help you attract quality talent, retain them and can elsewhere.
also help you close multiple requisitions on autopilot through Thanks to recruitment technology, there are plenty of options
referrals. you can exercise to provide a great candidate experience.
Such is the power of employee branding.
Attesting to the fact, Amanda Cruz, PR & Internal Communications As found in Mettl’s internal report on State of Talent Acquisition in
specialist at Gartner says, “SMBs that emphasize an appealing 2019, 53% of organizations use structured assessments a nd 40% do vid-
work- place culture receive 50 percent more job applicants, and eo interviews to save candidate time.
appoint- ing a staff member to respond to online customer
reviews can help to minimize the impact of negative reviews.”

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Apart from that, thoughtful onboarding with pre-boarding engage- Even our internal research validates the importance of building a
ment, goal setting or training & assessments is also a time-tested strong talent pipeline as more than 67 percent of organizations
method to improve the candidate experience. will focus on building a strong pipeline of quality talent in 2019
and beyond.

4. B U I L D I N G A S T R O N G TA L E NT P I P E L I N E

Do you chase candidates every single time a requisition comes?


That won’t be the case if you get proactive and build a strong talent
pipeline for future requisitions. It’s like a repository where you
keep every candidate that applies directly or through a referral or
other avenues. And when a new requisition comes or a previous
employee decides to leave, you don’t have to start over with
floating a new requisition, waiting for the CVs to pour in to start
the interview pro- cess.

Candidates who organically became a part of your hiring funnel in


the pipeline can be the first ones to check out for. Believe it or not,
hav- ing a quality talent pipeline can drastically improve your hiring
time by at least 25 percent as you will always have a prospective
candidate list at your disposal, every single time.

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5 . H I R I N G A N ICH E W OR K F OR CE

Going forward, organizations can no longer rely on vanilla hiring and


expect business growth to skyrocket. Recruiters must identify the core
skills instrumental to the organization and recalibrate the hiring strat-
egies in place to hire for these skills first. This approach ensures that
there is no dilution in the hiring funnel and the topmost requisitions get
the priority they deserve. But, hiring for niche skills is not a cakewalk
even though it can save recruiters some serious pre-screening time.

Nevertheless, 40 percent of organizations in our internal research said


they are going to focus more on niche hiring through social media, tai-
lored job descriptions and more in 2019.

Having a structured assessment process with an emphasis on cognitive


and psychometric assessments is another way to go.

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C ON CL U SION
Unlike before, when money used to be the deal breaker to attract,
hire and retain a candidate for long, recruiters now have to be
quite meticulous during the entire hiring cycle to ensure the right
candidate not only joins, but also stays for long enough. For that
to happen, recruiters need to be on top of their toes to claim
their share of top talent before it slips away forever.

To say the least, it’s a long shot and no one process can make it
possible. Rather, it’s a sequence of processes in the different
stages of recruitment such as sourcing, screening & selection
that demands a difference.

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