Want More Placements in a Candidate-Starved Market? Use These 4 Tips to Nurture Passive Candidates
In a 4% labor market, we are all candidate starved. Last month, the Bureau of Labor Statistics reported there were 7.4 million job openings with a hire rate of 5.9 million, falling far short of fulfilling all the roles available. For the first time in two decades, the U.S. economy simply doesn’t have enough workers. This is across all categories, from STEM to blue-collar skilled workers. We are no longer struggling just to find computer software engineers; Vox reports home health aides, restaurant workers, and hotel staff are highly in demand. With so many challenges facing recruiters seeking new talent, [...]
Are You a Hunter, or Gatherer? The Difference Between Sourcing and Recruiting
Recruiters need a variety of skills in today’s market to find candidates. Unemployment is at a 50-year low, so the process of finding the right talent is, literally, like finding a four-leaf clover in a football field of grass. That’s why the necessary skills and techniques professional recruiters use should include the process of sourcing candidates. But what is the relationship between recruiting and sourcing? Why is sourcing so important today? Can recruiters hunt for candidates today without using sourcing techniques? Here’s how to understand the difference and why you need both. What is Recruiting? Recruiting is the process of [...]
Here’s How Staffing Industry Leaders Are Handling the Candidate Shortage
The candidate search and hiring process is very different today than it was a decade ago. With record levels of unemployment, it has become a candidate-driven market. Staffing industry leaders have had to change up their tactics to focus on the passive candidate. While always a targeted audience, with only 4% of the labor market unemployed, staffing teams must now focus on the 70% of employees that are thinking about a better job but not actively looking. What are some of the biggest challenges staffing leaders face in this candidate-driven environment and how are they coping with the new realities [...]
Speed Closes Deals: How to Improve Resume Sourcing Efficiency
Five Tips for Sourcing Efficiency “Businesses have never done as much hiring as they do today. They’ve never spent as much money doing it. And they’ve never done a worse job of it.” Harvard Business Review Here’s the good news for employers seeking top talent; polling numbers show 78% of American workers are planning on jumping ship to a new job this year. Another study showed 70% of laborers say they are thinking about a job jump. That’s good news for hiring teams intent on sourcing the candidate who hasn’t applied yet. But searching for and soliciting these candidates is [...]
Tips for Growing Your Healthcare Recruiting Agency
There is no doubt that the healthcare sector will remain an important part of the U.S. economy for years to come. It’s not just that health care is, for obvious reasons, indispensable to society. The march of time is another factor. Due to the aging of the Boomer generation, as well as the general increase in the national population, the need for trained medical personnel will only rise in the coming years. That’s certainly good news for persons employed in this industry. For healthcare recruiters, however, the news is mixed. Finding the right talent for a given position can be [...]
Infographic – Mastering the Recruitment Funnel
Mastering the recruitment funnel can be a challenging experience until you understand the components that go into it. Candidate sourcing is all about proactively finding candidates through multiple tools and then presenting them to the client. The first step is finding candidates through listings, whether it is on the company’s career site or other job boards. Also, social media is an enormous tool that is quickly growing. LinkedIn is one of the most professional and user-friendly tools when it comes to the job market. Facebook and Twitter can also be used. Using the correct applicant software is important as well. [...]