More Job Seekers Means More Competition for Employers
While there are a slew of individuals seeking work, this doesn’t mean that it’s easy to find the right talent for your open position. More job seekers mean that you must compete with other employers for talented prospects, along with managing increased hiring costs associated with sorting through a lot of potential candidates.
Working with an executive recruiter will reduce your hiring costs, decrease the time it takes to find top candidates and ensure your interviews are with qualified individuals. Here’s what you need to know.
More Applicants Means More Time and Resources to Screen, Process, and Interview Candidates
A larger pool of applicants means that your company must spend more money to confirm that prospective hires are a good fit for your company. The more job seekers and competition for employers that require screening or interviews, the higher your costs.
Companies Need to Invest Time and Money to Find the Right Person
Hiring costs are typically higher during a booming job market. In addition to the costs of vetting potential candidates, it also costs your organization time and money when you interview job seekers.
Your employees must forgo other obligations to make time in their schedules for interviews. If there are a lot of interviews scheduled, trying to hire new candidates can dramatically impact your employees’ productivity and daily routines.
It’s Possible the Right Candidate Can Slip Through the Cracks
While rapid recruiting and new technology are intended to hire new employees quickly and efficiently, they can let some talented candidates slip through the cracks. These techniques have a tendency to overlook individuals who have the skills and experience required for success.
Lots of Applicants Doesn’t Equal a Strong Talent Pool
A high number of job seekers doesn’t necessarily mean that there is a surplus of people with the right talent to succeed at your organization. This is especially true if the position you’re hiring for calls for highly specialized experience or education. Even if there are thousands of job seekers, the reality is that there may only be a few who truly fit your criteria.
Save Time and Money Using an Executive Recruiter to Assist with Quality Talent Acquisition
One effective solution for sifting through the scores of job seekers is hiring an executive recruiter.
An executive recruiter will search for and reach out to ideal candidates for your open position; they’ll confirm that potential candidates have your required skillset so that you’re more likely to hire qualified individuals with the necessary knowledge and experience to succeed. Your hiring costs decrease and your pool of potential talent increases. To learn more, contact us to schedule a consultation.
ConnectPoint Search Group
Sacramento Region’s Premier Boutique Search & Staffing Firm