Humans make the products and provide the services that make the world go around. Human Resources (HR) is all about finding the right candidates, keeping them happy and optimizing this human capital. Recruitment hurdles: What are the 6 greatest challenges faced by the HR industry?
Finding Right Candidates
If you ask anyone on the street – “What is the #1 goal of HR recruiters?” – they will say find the right candidate. That is the primary goal of recruiters. So, what are the common problems that make it difficult for the HR industry to accomplish this stated goal?
1. Being Heard
It is certainly great to have regular people being able to comment 24/7/365 on Twitter, but it has also created a great deal of noise. Being heard above the din is one of the challenges of the HR industry, especially on Social Media. How can your company get serious attention on LinkedIn from the best candidates?
HR professionals must be pro-active in establishing their professional credentials. They want their company to be a “dream job” for the best executives in the world. The top job candidates are in high-demand and might have their ability to choose from multiple job offers.
2. Speed Kills
The speed of the modern world is measured in microseconds and real-time decisions are required to be successful. How fast can your job recruiter find the right candidate and seal the deal? Making fast decisions on-the-fly is required for companies to be successful.
Indecisive HR managers can let prime opportunities slip away. Hiring delays can lead the best candidate to choose another firm. Speed kills and the fastest HR staff get the best results.
3. Corporate Loyalty
The stakes are higher nowadays. Multi-national corporations are worth more and chief executive officers (CEOs) have more power. This has increased the need for you to show prospective candidates that your corporate environment is the best.
Corporate loyalty starts with a potential candidate choosing your firm over another. Job recruiters should offer a more personalized approach (i.e. having candidates meet senior executives) to appeal to candidate egos. Good employees are hard to find.
4. Flexible Work Arrangements
Why can’t your employees “work from home?” Modern employees understand that modern technology gives them many options. Are you willing to offer flexible work arrangements?
Contract workers can be an effective way to fill gaps. Temporary agencies even have executives in their databases. They have an impressive pool of talent that can be used to fill positions quickly.
5. Fair Compensation
Once a great employee signs up with your firm, you need to have a great compensation package to retain his services. Annual bonuses, stock options, health insurance and gym memberships can ensure that your best employees remain loyal. Reward the real producers with fair compensation to protect your investment.
6. Information Technology
Information Technology (IT) can give you an advantage during every step of the recruitment process. You can hire talented developers to create the most appealing websites. Your business website can be used to compile valuable job candidate lists.
Using data, statistics and metrics to assess your corporate image can help you become that “dream job.” The best use of Business Intelligence (BI) optimizes your activities, so you can find the right talent to grow your business. HR professionals with data crunching skills gain a decided advantage.
Every industry has hurdles, obstacles and challenges to overcome. Be pro-active, make wise decisions in real-time and use technology wisely to find the best job candidates.
