Talent Acquisition in 2019: Things to Keep in Mind

Published on: 01 February 2019 Last Updated on: 08 August 2019

An organization is only as good as its talent. No wonder, then, that talent acquisition lies at the heart of a business’ success. As hiring trends evolve with time, the process of acquiring top talent shifts too. Perhaps the most prominent shift in recent years has been a growing and continuous engagement with candidates. Today, companies don’t pick talent, but talent picks them. To keep up with the times, here are six things to keep in mind when picking talent in 2019.

A candidate-first approach:

According to Morgan Stanley Research, millennials make up 46% of India’s workforce. Increasingly, they expect a smooth, engaging, and uniform hiring experience. It’s thus important that recruiters communicate in a way that conveys honesty and openness. Engagement practices like keeping candidates informed of their application status, giving them a mini office tour etc. can go a long way in attracting top talent.

Social recruiting:

Millennials don’t read the classifieds for jobs anymore. They go to online job portals and more importantly, social media platforms. Most seekers aren’t even actively looking for a job until they come across a promising advertisement. So, don’t limit openings to Indeed or LinkedIn. Spread the word on popular social networks like Facebook and Twitter.

Internal mobility:

It is only wise to look among employees for talent. Most employers end up wasting precious resources on hiring when a talented pool of employees is already at their disposal. What’s more, they are capable, trustworthy and just might be looking for new job roles.

Inclusive hiring:

Often, employers miss out on the best talent because of rigid hiring parameters. It is a fact that not every talented candidate has a college degree. Big companies like Apple and Google have already started to make their selection process more inclusive by getting rid of academic excellence or degree criteria.

The power of AI:

ATS software eases the hiring process, identifying the best-suited candidates for a job role. But it has its shortcomings. For example, ATS does not match old applicants with new positions that they are suitable for. Integrating AI with ATS solves the problem. AI tools like chatbots remove the need for personal interaction with every suitable candidate. Moreover, AI can stack-rank candidates and give the employer a list of the top candidates.

Partnering with the right consultancy:

Manpower recruitment consultants are in direct touch with candidates as well as employers. This makes them privy to the requirements of both sides, helping organizations get access to suitable talent. Investing in a manpower consultancy means saving additional costs and labour that usually go into hiring candidates.

Refining the recruitment process and enhancing candidate experience decides the kind of reviews a company gets. This can go a long way in affecting your image and brand as an employer. Ultimately, it’s important that recruiters embrace the latest trends in talent acquisition to hire the best candidates and expand their business.

Read Also:

Content Rally

Content Rally wrapped around an online publication where you can publish your own intellectuals. It is a publishing platform designed to make great stories by content creators. This is your era, your place to be online. So come forward share your views, thoughts and ideas via Content Rally.

View all posts

How to Attract the Best Talents for Your Startup

Recruiting top talent is difficult these days, but hiring for your startup will be even more challenging. You have to consider plenty of factors during the hiring process if you want the best person for the job. Choosing the wrong applicants can cost you hundreds of dollars in training and onboarding only to have them quit in just a few weeks or months. Here are some tips on how to attract the best talents for your startup: 1. Post Job Ads on Reliable Websites: Hiring top talent begins during the sourcing phase of recruitment. Post your listings on websites that provide quality candidates. Reliable sites ask for in-depth work-related information from its registrants so employers can have a better idea about potential candidates just by looking at their profiles. Glassdoor and LinkedIn are two of the major job posting sites today. Your potential employee can also find jobs on Gumtree which allows them to apply for work through their app in just seconds. 2. Clarify Your Culture and Mission: As a startup, you can’t compete with the benefits and compensation that established corporations can pay top employees. What you can do, though, is to clearly define your company’s mission and create a culture that allows for personal growth. Acquire a potential employee’s loyalty by sharing to them the goals you have for your business. 3. Hire Your Avid Supporters: If you’ve been in business for a time now, you may have already gained followers on social media. Hire them if you can since these are the people who believe in your startup and your mission. They will not hesitate to pour blood, sweat, and tears to your company even twice as much as regular employees. Plus, it’s the outspoken ones who make the best company representatives. Careers for people persons include human resource management, which is all about working with different types of people. If they enjoy working for your business, they will be telling their friends about the awesome work environment. This word-of-mouth marketing can attract more top talent to your startup. 4. Create Employee Development Programs: Similar to making your mission, showing a candidate that you provide your employees with opportunities for growth can help you gain his trust. Such opportunities can be in the form of training or seminars where they learn new skills that they can use for their jobs. Here are some basic programs that your startup can use to develop your employees’ talent: Mentoring Program – You can establish a mentoring program for your new hires as part of their onboarding training. This can help them ease their way into the job as they can turn to their mentors for guidance and questions. In-House Workshops – During in-house workshops, employees can teach their colleagues valuable skills from their area of expertise. For example, your IT head could lead a coding workshop for basic HTML or JavaScript. Performance Review – Whether you have a formal sit-down performance review or just a casual conversation on how they’re doing, feedback is crucial in your employees’ development. Have regular quarterly or bi-annual reviews to touch base on how they’re doing and what they could improve on. Focus on Quality: Quality is essential for any business,especially for startups. Cultivate a reputation of not being satisfied with mediocre products and services but on being topnotch. Build your brand by using effective marketing strategies on social media and your website. This way, you show top applicants that you are serious about your mission and in becoming a superior force in the industry. You will gain their respect and admiration for being meticulous and transparent with your work. 6. Hire for Potential, Not Experience: While a proven track record is evidence enough of the candidate’s ability to succeed in the role, your applicant’s potential is the biggest determiner if an applicant can be a huge contributor to your startup. Flexibility and adaptability are essential since they will sometimes be asked to do various things that are indirectly related to their job description. Hire someone who has the potential for versatility and who is willing to learn new skills along the way. Conclusion: Your startup needs people who can execute the operations necessary for you to achieve your goals. Hiring can be overwhelming especially if your new company grows so quickly that you always need to recruit new team members. Nonetheless, never compromise your standards and follow the tips above to entice the best talents to join your team. Read Also: Useful Marketing Tips For Startups 5 Steps To Accelerate The Growth Of Your Startup

6 Crucial Aspects to Consider Before Starting a Business

Starting a business today is easier than it has been in previous years. This is a great advancement that has seen entrepreneurship soar. With this, you find that starting a business is a solid investment that allows people to cater to their needs. However, doing this requires you to ensure that you have a solid foundation and plan for its success. Going into business without this will only lead to failure in the long run. Statistics show that 20% of small businesses fail in their first two years, 45% within the first five years, and 65% during the first ten years. This goes to show that long-term success is not something that you should take lightly. It takes a lot of planning and effort if you want to see your business go to greater heights. Here are a few things to consider before embarking on this journey. Business Plan and Goals: When starting your business you need to ensure that you have a solid business plan. Your business plan should clearly outline your goals as a business. To ensure you set goals that will propel you forward, use the S.M.A.R.T method. It says you should set specific, measurable, achievable, realistic, and time-bound goals. This will get you in the right mind frame and allow you to move on to the next step. Once you've set your goals, you also need to ensure that you lay down actionable steps that will get you to your desired goal. Doing this ensures that you start on the right foot increasing your chances of business success. Products or Service you Provide: One of the most important factors you need to consider is the product or service you are bringing into the market. The first question you need to answer is if you'll be meeting a need that people have. This will allow you to invest in the right kind of products and services to sell. For instance, with the Covid 19 pandemic, one of the most in-demand products is hand sanitizers. Since there is already a demand for this, you can be sure to make sales if you position your business right. If you'd like to learn more about sanitizers and the business aspects click here. Figuring out your products or services will also give you the chance to find your target audience. It is essential to learn more about your target clients to ensure you work towards serving them. It will help you avoid putting too much time and effort into pitching people who do not need what you are offering. Marketing Strategy: The best way to get people into your business and grow your name is by marketing. Marketing will allow you to reach out to people who would otherwise never get to learn about your business. To do this, you need to ensure that you have a marketing strategy in place. Many businesses have shown that the best marketing involves helping your clients first and they'll trust your brand. To do this, providing useful information that they can apply in their life is a great step. For instance, if you deal with baby products, give information about how the products will help and inform your audience. To get a better understanding check out babylic.com. Marketing can be done in different forms from word of mouth to digital marketing. Find what works for you and run with it. Employee Acquisition: If you plan to have help in your business and delegate a few tasks, employee acquisition will play a major role. When it comes to getting help from other professionals, you need to ensure that you conduct proper interviews to ensure that they understand your business. This is the best way to ensure that you hire people who are invested in the growth of your business. When it comes to hiring help, you could either decide to get people who will be reporting to the office daily or work with remote workers. For remote workers, you get to avoid several logistical aspects but you have to ensure that you familiarize yourself with the digital space. This will ensure that operations run smoothly. Business Logistics: In business, you need to figure out what logistics you'll be dealing with. This will help determine the capital you'll require to get started and keep running the business before it gains momentum. The first thing most businesses consider is having a rental space where they can easily liaise with clients and also work with employees. On the other hand, some businesses don’t need to get a physical location and can run their businesses from home. For instance, if you run an interior design business where you remodel people's homes, you could just get started from home. All you need is to ensure that you have your marketing strategy in place. Additionally, consider having a website that showcases your knowledge in the industry. Check out Guyabouthome to get the best example of how you could go about it. Legal Aspects: The most important bit in every business is the legal aspect that you should take a keen look at. For this, you find that you'll need licenses, permits, and tax compliance letters among others. However, these requirements are different in every country which means you need to liaise with your respective authorized agents. Additionally, hiring a lawyer to work with on the legal aspects will take away the guessing games and reduce the time spent. Conclusion: Starting a business is easier now and more people prefer being bosses. However, having something successful requires a little more investment in terms of planning. Be sure to go through the steps outlined to ensure you get the best results from you your venture. Read Also: Key Components for Your Marketing Stack Tips on Doing Search Engine Marketing (SEM) for Businesses Crucial Role of Content Marketing in Local Business

How To Become A Successful Businessman

Running a business, specifically a successful business, is not the easiest thing to do, but it is possible. The idea of starting up one may seem challenging, but the minute you get a hold of it, seeing it thrive will be your joy. Besides, there are many people such as businessman Chad Brownstein that you can look up to and learn from as you seek to find out some of the best ways that you can make your startup business successful. If you have been thinking of starting a business and still confused on where to start from, you are in the right place! Here are some tips for you. Here are How To Become A Successful Businessman: 1. Identify a niche The first thing you want to do is to identify a niche to venture into. Find out a market gap that you can reach out to by providing the products or services that they need. While trying to identify a market gap, ensure that you consider your personal interests as well. Venturing into something you are passionate about will keep you motivated throughout, and you will be able to give it your all at all times. 2. Do your research Starting a business is not something that you rush into without doing some research. You want to learn more about the business models that you can incorporate, how to come with a business plan, different marketing strategies, and so on. Being informed before taking the plunge helps you to avoid making mistakes that would otherwise make your business go down the drain. 3. Be confident The thought of getting into the competitive business world may frighten you, but do not let it get into you. Believe in yourself and believe that you are the best businessman yet. Confidence goes a long way even when you are presenting your business plan to your potential investors. If they see that you have confidence in your business idea, the chances are high that you will get the right funding. 4. Learn to manage your finances Financial management is key when it comes to running a business. You want to equip yourself with the right skills on how to well manage the finances in your business. There are many financial tools that you can use today, some of which are free. Remember, mismanagement of funds in business can lead to its downfall. 5. Stay positive There are ups and downs that you will face will running your business. During the tough times, when you feel like everything is going wrong, you need to stay positive. You are bound to make a few mistakes here and there, but do not let that bring you down. The best thing is to learn from your mistakes and, in turn, make the right moves from thereon. Running a business you are passionate about is a fun thing. And now that you have the above-mentioned information at your disposal, you are now in a better position to become a successful entrepreneur. Read also: 5 key Leadership Skills for Entrepreneurs How Customer Success Can Help Grow Your Business 7 Ways to Plan a Smooth Business Succession

Talent Acquisition in 2019: Things to Keep in Mind

A candidate-first approach:

Social recruiting:

Internal mobility:

Inclusive hiring:

The power of AI:

Partnering with the right consultancy:

Six Tips for Crowdfunding Success

7 Startup Essentials Entrepreneurs Should Know About

Content Rally

Content Rally wrapped around an online publication where you can publish your own intellectuals. It is a publishing platform designed to make great stories by content creators. This is your era, your place to be online. So come forward share your views, thoughts and ideas via Content Rally.

Leave a Reply

Popular

Technologies For Creating A Startup Idea

How to Download Facebook Videos on Android?

7 Rules of Effective Ecommerce Web Design

The 10 WordPress Plugins Every Sucessful Blogger Uses

Follow Us

Recent

Why Is AnalyzingMarket Com Becoming The Next Big Business Weapon In 2026 And Beyond?

Discover The Melodic Journey Of James Tonic, A Talented Musician

From Data to Decisions: Coaching Remote Workers with Precision

What Are The Top 5 Reasons To Open A 0-Balance Account Online?

Related

How to Attract the Best Talents for Your Startup

6 Crucial Aspects to Consider Before Starting a Business

How To Become A Successful Businessman

Talent Acquisition in 2019: Things to Keep in Mind

A candidate-first approach:

Social recruiting:

Internal mobility:

Inclusive hiring:

The power of AI:

Partnering with the right consultancy:

Share this Article

Six Tips for Crowdfunding Success

7 Startup Essentials Entrepreneurs Should Know About

Content Rally wrapped around an online publication where you can publish your own intellectuals. It is a publishing platform designed to make great stories by content creators. This is your era, your place to be online. So come forward share your views, thoughts and ideas via Content Rally.

Leave a Reply

Popular

Follow Us

Recent

Related