There are many views on how to best go about creating an effective recruiting strategy. And while there really is no magic bullet, there are some key fundamental techniques that every employer should utilize as they look to identify, convert, and hire key employees into their organization. With all of the competing resources that are available out there, it is very important to have a solid baseline understanding of how you will structure your recruiting efforts. Below is a good formula for how to establish this baseline and how to reduce your reliance on 3rd party recruiters.
1. Employee Referral Programs: One of the most effective methods of bringing talent into an organization is to establish a good Employee Referral Program. And while most companies do have an ERP in place, most do a less than adequate job of communicating the program. Employee awareness is key to managing an effective ERP. Within most companies there is a great deal of confusion as to how much the ERP pays out and to the timing of the payouts. If an employee is unaware that they can make significant money by bringing their friends, former colleagues, and acquaintances into the organization, it will quickly slip into the back of their minds and they will not spend their free time doing so. However, if an organization continuously promotes the ERP and recognizes those who have made successful referrals, the word will quickly spread and everyone in the organization will effectively become a part time recruiter. This is by far the easiest way to make a significant dent in your hiring requirements.
2. Job Boards: While there are a lot of skeptics out there who like to criticize the effectiveness of job boards, it is usually the most cost effective means of getting your positions in front of the largest possible audience for the least amount of money. Even if you have had limited success with job boards in the past, you really need to be out there in case that perfect candidate happens to be looking for a job in your area. A great example of this is with employees who move away from home after college. Many of these are great students who move away to pursue their dreams. Often, after spending a few years building their resume and getting a great deal of experience, they decide to move back home to raise their family. In this case, the most logical way for them to start their job search is to go to the major job boards and do a search for relevant jobs in their hometown. In this instance, if your job is not posted and your competitor’s is, you may very well lose the chance to interview (and hire) this candidate. Besides, job postings are relatively inexpensive, especially when purchased in bulk. Even if you only make one hire for every ten job postings, your cost per hire is well below the typical average.
3. Interactive Advertising: This is a very large “bucket” which includes email campaigns, targeted job ad placements, Search Engine Marketing, targeted sponsorships, direct mail sourcing and more. Interactive advertising is a great way to reach out to the “passive” candidates, because it is very targeted. To most effectively utilize interactive advertising, you should first profile your ideal candidate. Where would this individual go for research or relevant content? What communities might they belong to? What subscriptions might they receive? Once we know these things, we must then meet them where they hang out and serve them a compelling message to convince them to click on your opportunity and check it out. This targeted approach is easily utilized on line, but can also be used for off line advertising as well. For example, through targeted, personalized direct mail such as RecruitCard (www.recruitcard.com), you can reach your target audience at home, by name, speaking to them about a specific opportunity that they are a potentially great fit for.
4. Targeted “landing pages”: Wherever possible, you should try and provide only the content that is relevant to the job seeker that you are going after. Candidates don’t want to have to sort through irrelevant information to get to the information that is important to them. They want to quickly assess the opportunity and to see if it is something they should look into further. By segmenting your audience and serving them only relevant information (video, job function specific testimonials, slide shows, objectives, work environment, opportunities for growth, etc.) you will drastically increase your conversions. Recruital (www.recruital.com) is a great example of audience-specific websites. By driving your traffic to job family specific, targeted website, you can track your visitors by source, enabling you to make more informed decisions on future campaigns.
There will never be a replacement for 3rd party search firms. They provide a valuable service and put a great deal of effort and resources into finding the right candidates for your positions, often in a very timely manner. However, this should be a last resort. The cost of just a few placements can usually cover a strong interactive campaign with a targeted “micro-site”. It is time to be proactive. Doing so will allow you to more effectively compete for scarce talent and, in the end, will drive your recruiting costs down significantly. Happy recruiting!
Posted by appendmark
Posted by appendmark
Posted by appendmark