The tightest market for talent in five decades has resulted in a cavalcade of content from thought leaders, analysts and vendors, most of it focused on fixing what’s broken in current recruitment processes. Improving the candidate experience is a hot topic, because it’s a buyer’s market.
What do candidates really want? Recruitment marketing, which represents the largest portion of most talent acquisition budgets, is getting a lot of attention, and the prevailing best practices have their origins in consumer marketing.
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:
Job-hopping is the new normal in today’s workplace, and it’s not limited to recent graduates. People of all ages are leaving their jobs for greener pastures more frequently than they used to. The median tenure for workers over the age of 55 is just 2.53 years, and our research shows that one in four workers will leave their jobs this year. We’ve got a retention problem that spans generations, and it’s costing companies billions of dollars every year.
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