Is your recruiting strategy delivering the results you want? Or are you juggling high turnover, disengaged employees and skyrocketing costs? The truth is that most companies face recruiting challenges to some degree, especially in today’s candidate-centric job climate. But sometimes the problem extends further than a tight job market and low unemployment rate. Here are five warning signs that it’s time to rethink your strategy.
Imagine that you’ve just been a casualty of the latest round of layoffs at your company. It’s been a while since you have conducted a job search, but after several rounds of applications and initial interviews, you receive an offer from two potential employers:
All employers, large and small, are competing to attract and retain employees for the same hard-to-fill jobs in today’s highly competitive, candidate-driven marketplace.
McKinsey & Company reports that more than three- quarters of Fortune 500 CEOs do not believe their companies are effective at attracting highly talented people. Of those CEOs who do consider their companies successful at attracting top talent, only 7% believe they are effective in retaining them.