Identifying Great Talent that’s good for your Business

17/07/2021

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Finding workers with the right skill set suited to your business requirements is not easy. It is not an easy task to understand job roles, and identify the core skills required to fulfil those roles. Many organizations including big MNCs and small start-ups face complicated challenges when planning their hiring approach. This presents the need to apply new methods of hunting for finding good workers.

Identifying Great Talent that’s good for your Business

A time-tested method for discovering good skill is to invest in the tools and technologies geared to deliver the same. They can then be used to fulfil the following goals:

To ensure that your company thrives in the digital era.
To receive access to potential employees easily and quickly.
To invest in workers and develop the appropriate skills and the ability in them to adapt to the ever-changing workspace.

Quite clearly, the goal is to improve the hiring process and work harder at retaining good talent. This is especially true if the employee has discovered reasons to move to a new employer or if the workforce is aware that there are other, more fulfilling job options available outside your organization. It must be remembered that:

Employees build job experience over time and will always aim for other jobs with better pay.
They are keen to learn more soft skills and develop industry knowledge.
They look for workplaces that encourage good work ethics.

It can be a challenging task to locate employees when it comes to certain industries and at certain experience levels. The following are a few of those areas:

Marketing and Sales
Engineering
IT
Manufacturing
Logistics
Leadership Roles (VP, CEO, CTO, etc.)
Executive Talent

A) Top Hiring Challenges and How to Fix Them

The Millennial Mindset

It is generally held that millennial and younger people are invested with more drive. They do not shy away from taking risks, exploring new career opportunities and chasing the next big thing. As such, they opt to work for companies with a vision of things.

Solution: To engage the fast-paced younger people, companies often create career development and training programs. Such events are carried out for several reasons:

To highlight how workers are actively engaged in building profits and products that help the community.
To highlight the career development activities available in the organization.
To brief them on competitive salary and benefits like flexible working hours, vacation days, telecommuting etc.

Inadequate Number of Applicants

There are companies which do not receive too many applications from job-aspirants seeking employment opportunities. As a result, they are unable to acquire a good candidate or effect the correct hiring. A reason for this could be that too many people did not view the job posting. To generate traction, try posting the job openings in your company online with online job portals.

Solution: Online job portals are popular today. To ensure that the job looks attractive, mention all the benefits and benefits in the job description. Keep in mind the few, following points -

Ensure that all the job postings are published as soon as the requirement for them presents itself.
Respond to applications quickly. Candidates should not be expected to wait indefinitely for feedback from you.
Share accurate information about your company – the contact information, the clients you work for and the history of the company.
Give a detailed list of the opportunities, positions and the unique benefits that come with being a part of your organization.

Strong Competition

There are many employment opportunities out there, but companies still have to deal with certain skill gaps. This is because the number of skilled workers is rather low – and employers have to compete against each other to recruit the best. In many cases, hiring is a difficult function and many companies do not have adequate resources to carry the process out seamlessly.

Solution: To smoothen the course of hiring, companies can approach staffing agencies to find right candidates. A staffing agency can work on its own or with the company’s in-house HR professionals to fulfil this task.

Sometimes agencies can:

Find contract or temporary workers.
They can also stabilize the burden of locating good workers.

Not Understanding what Employees need

Employees always seek job security but only a handful of companies understand this! Employees have certain goals in mind when applying for a job. While the foremost and most pressing requirement is usually job security, employees also seek good compensation packages, a manageable workload, other benefits and the promise of career growth.

In fact, most companies report that employee engagement is a top challenge for them. That is, they do not know how to keep their workers happy.

Solution: Try to ensure that all your job postings are detailed by description. This will ensure that there are no mismatches between the jobs on offer and workers who you ultimately recruit. With that in mind, try these following points as well -

Mention the kind of employee benefit programs you have.
Describe how these benefit programs work. Delineate the advantages of using such programs.

B) Identifying the Right Talent

With a clearer idea of employee needs and of the issues faced by employers, the next big step is to identify the right talent. While hunting for a good candidate, you need to look for three things -

Look for the best-fit employee
Look for someone with a skill-set
Look for someone with development potential

What happens if your HR person follows the rulebook and executes everything as suggested above, but is still unable to find the right candidates? How will you attract more job applicants? Our solution is to optimize your recruiting efforts and job vacancy postings.

Online Employment Sites

You are likely to find many qualified candidates through localized sites, from where you can make your selection. Such sites are affordable too and ensure high visibility. You can change your messages from time to time and add contact details as you please.

Social Media

Many candidates use social media to find their dream jobs. Did you know that 70% of employers use social media to hire people? You cannot only place a job ad, but also connect with several professionals through these online social platforms.

College Campus Programs

MNCs often use these programs to find their best talents. In this system, they tie up with colleges and professional training institutes to promote their companies before interested students. They offer students the opportunity of experiencing the operations of a professional workforce in two ways:

By offering them internship programs.
By offering them permanent placements with reputed brands.

An internship program is like a temporary contract. It allows a chance for new graduates to build work experience but for a limited period. Usually an internship spans for 3-6 months and is usually handed out by companies to deserving candidates.

Permanent placements are full time jobs given by companies collaborating with colleges/professional training institutes. Students visit the placement cells in their respective colleges to learn about the availability of placements.

Things that Startups Can Do for a Better Hiring Process

Do you own a startup venture or an SMB? Then, you must be familiar with the hiring issues that come with it. Hiring is often tough due to the paucity of funds and the non-availability of adequate HR resources. But, you still need good employees to run your startup. Here is our list of suggestions to follow to recruit the best heads for your organization –

Promote Your Company Online

Do what you can to highlight your brand online. You can do this by using blogs, harnessing the power of social media and by contributing specialized content on various websites. Start by talking about the company, its mission, the kind of contributions the company has made, charities it supports etc.

People, who are keen to join the sector and be associated with your brand, will see what you have posted. This will encourage talented people to join your company.

Be a Part of Industry Events

Instead of collaborating with colleges for internships and placements, you can also register for industry events. At such events, people and different companies from your industry usually participate in conferences. They discuss industry updates and connect with each other for business purposes.

You can speak at such events and/or promote your company’s offerings and services. At the same venue, you are also likely to meet two sets of people - the first would be interested in forging business partnerships with you and the second set would seek to be employed by you.

Offer Challenging yet Fun Workspaces

Talented people often get bored when they have to do the same jobs repeatedly. You can fix this issue by allowing them to work on different projects. Offer them challenges that test their skills and show them how to set up ambitious goals – both for themselves and for the organization.

Promote and Encourage Existing Talent

Your existing employees have a bank of experience to display growth, drive and motivation in front of the new employees. They have an understanding of the working of your business. Ensure that they are happy with their jobs. This connection will help improve teamwork and sharing.

Build a Conducive Work Environment

Create an environment where employees enjoy working. Add fun activities, company events, and training sessions to boost a positive mindset. When people are happy working with you, they will talk about how great your company is. New employees hunt for companies with good reviews and are always keen to join positive workspaces.

Conclusion

Identifying, onboarding and retaining right talent is paramount to all businesses, including SMBs. With your vision firmly set on business goals, the right talent pool is what fuels the ambition of glory. At Amazon, we understand the various pain points for SMBs when it comes to ascertaining the best talent acquisition and retention practices. Register with us today to stay abreast of current hiring trends and give your organization the edge in the recruitment market.

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