With over 130,000 jobs added to the economy in September 2019, the U.S. unemployment rate has fallen to 3.5%. The job market, especially in places like Buckhead, Atlanta, have fewer candidates to fill available job openings. This means that job candidates now drive the labor market, and it is more difficult for companies and businesses to find qualified candidates, even if the position is as popular as that of a front desk officer.
This recruitment difficulty is caused by several issues that are unique to different industries and positions. However, there are some common challenges that you are likely to face when trying to fill an opening in your organization in 2021. In this article, we will share these challenges and how you can solve them.
Problem #1 – Getting Qualified Applicants
In a market where there are more job openings than applicants, the biggest problem is you struggle with your competitors to get the attention of quality candidates. Most great companies cultivate a great candidate pipeline that makes it difficult for these qualified candidates to notice your company’s vacancies. Not to mention, specialized professionals, such as medical personnel often have several job offers at the same time. In the end, you do not have a choice but to settle for the best unqualified candidate, who you must first spend money training.
Solution – Expand Your Recruitment Method
There are several ways to reach qualified candidates faster than your competitors. First, you must employ different ways of spreading the word about your openings, from posting on a variety of online job boards and social media advertising. Also, you can build a talent pool of pre-screened candidates, which you can use to fill positions in your company whenever they are open.
Problem #2 – Filling Positions Quickly
According to a Bersin by Deloitte study, it takes an average of 52 days to fill a job opening. And for some industries, it may even take several months. Besides the different recruitment steps that make the process long, there is also a shortage of qualified candidates sending in applications. In fact, the best talents are snagged off the market within ten days. These delays in filling vacant positions cost a lot of money and slow down operations, and so companies are continually looking for ways to recruit quality candidates faster.
Solution: Employ Expert Recruiters
One major way to fill open positions faster is to have a highly trained hiring manager. This recruiter must be able to come up with creative ways to accelerate the recruitment process, such as video interviews for out-of-town applicants. if you have an in-house hiring team, you may want to train them to improve their recruitment skills. Otherwise, you should ensure that you hire a professional recruitment agency to handle the hiring process.
Problem #3 – Tracking Recruitment Data
In today’s technology world, recruitment data and trends are essential to the hiring process. These data can help companies plan the best ways to recruit for a position. However, it is quite challenging to collect, process, and organize this data, especially when a manual process, such as spreadsheets are used. Thus, companies need an efficient way to track these vital recruitment data.
Solution – Utilize Online Tools
Unlike manual tools that are difficult to use and prone to human errors, online tools such as the ATS and Google trends are more accurate and easier to use. With these tools, you can collect metrics and data on current recruitment trends, track all applicants’ data and collaborate easily with other members of your hiring team.
If you are experiencing any of the challenges explained above, or to prevent them altogether, the following tips can help make your hiring process smoother and faster. If you need help implementing these tips and more, you reach out to our award-winning recruiters at RGStaffing to help you find and recruit top talents for your organization easily and quickly.