Companies in Need of a Hire Power
We have been providing recruitment and search solutions for 20 years, through various forms and iterations. In that time span, we have never seen a workforce so starved for talent as the one we're working within today. It's reminiscent of the nursing shortage crisis of the early and mid 2000's, but it's not just one field, it's all of them.
We can talk about the why later, but for now, let's zero in on the information we've learned that will help provide insight into the best possible resolution.
We really liked this article authored by Rinku Thakkar, Founder and Director of Huptech HR Solutions. They offer some similar solutions to Hiring Command and our parent company The LMC Groups, and it never hurts to have options. Especially in this candidate economy!
Here are some of the most impactful stats included in the article:
You're losing almost 60% of your candidates in the application process alone, due to complexities and time commitments associated
Only 30% of today's potential applicants are actively looking, while 70% are passive candidates only moved if you create the demand for them
Today's most eligible candidates are off the job market within just 10 days of entering
60% of the time, candidates are finding the recruitment process to be disengaging or negative
Just 9% of employers are using chatbots on their recruitment sites, and almost none are using live chat
86% of today's candidates are using social media for their job search
By 2025, 75% of the workforce will be made up of Millennials and younger generations
Here's what we're doing to set our clients apart:
24/7 live chat with one of our US-based live recruitment reps
24/7 on-demand phone screens
Integrated social and digital marketing strategies for each specific role
Engaging and (dare we say) avant-garde creative design for recruitment ads and marketing
We would love to hear from you about your challenges and successes!