How to solve the tech talent acquisition challenges of modern hiring managers? 5 ways you must know in 2021
The talent requirements are evolving with technology and challenging hiring managers to find professionals that can meet their needs. Furthermore, candidate drop-off, last-minute recruiting, and skilled-candidate retention are becoming a nightmare for hiring managers. Isn’t it?
With the enormous growth of remote working, most SMEs are struggling to hire local talent and access professionals. On the other hand, with every industry leveraging technology to stay competitive, companies face a tech talent shortage and hire qualified resources.
So, hiring managers must be proactive and adopt agile hiring strategies to make the tech talent acquisition effective. Instead of relying on traditional and time-consuming hiring processes, companies must have an optimized recruitment process to fill the tech talent gaps.
Top 5 recruitment challenges hiring managers face:
- Failure to attract the top talent:
Ever-changing job requirements bring a renewed focus on higher-skilled employees. Companies with a limited talent pool struggle to find and reach qualified professionals.
Further to the limited talent pool, the traditional and tedious hiring process is one of the reasons that fail to attract and entice candidates. The more time you take to make a decision implies the risk of losing the best fit.
Tip: Building a strong employer brand and a comprehensive hiring process would help you get the best talent in a short time.
2. Lack of recruitment process:
“We will get back to you soon” — is one of the hurdles and trust detractors for many companies. It is due to a lack of a recruitment process and delays in decision making. The way you treat candidates during the hiring process will impact the turnaround time.
If the candidate has any bad experience with your hiring process, he is less likely to join or respond further.
Word of mouth is a powerful weapon in the current social media-driven market. Any bad experience with your interview process can immensely impact your brand value.
Here are some common mistakes that recruiters make. Have a look.
- Not creating an accurate job description
- Hiring less qualified people and rejecting overqualified candidates
- Waiting for the perfect candidate
- Rushing the hire
- Failing to follow up with interviewed candidates
Tip: Make sure you have a transparent hiring ecosystem that allows applicants to know the status at every phase. Even if you reject a candidate, make sure you communicate the same over an email or phone.
63% of candidates are dissatisfied with communication with employers after applying for a job. [source]
3. Lack of data utilization:
In the traditional recruiting process, hiring managers spend most of their time chasing every candidate to evaluate and qualify them. This tedious and inefficient process would result in losing high-skilled candidates and turns out indecisive.
Though the hiring managers use spreadsheets to track applicants and save hiring data, it requires extensive manual work and further complicates the process if they had to handle heaps of data.
Tip: Embrace modern application tracking systems and video interviewing platforms to ensure you have the exact data in hand while evaluating a candidate. It will improve your recruitment process by cutting down unnecessary hiring iterations.
How long do you wait to hire a candidate? Watch the video now.
https://www.youtube.com/watch?v=A9DerEyYsz8
4. Balancing speed of hire with quality of hire:
An unfilled position for a long time will have a domino effect on project development and deliverables. On the other hand, hiring fast might end up in bad hires.
Quality hires are always boon to a company. Therefore, balancing the speed and quality of hire is imperative to drive the best results and improve your company’s culture.
Even though you have sufficient budgets and are trying to fill a position as soon as possible, delays in hiring and lack of tech skills will make the process more complicated.
One bad hire can lead to a domino effect of more bad hires and decisions costing a company millions, says Zappos CEO Tony Hsieh. He estimates his own bad hires have cost Zappos “well over $100 million.”
Tip: Prioritizing roles and hiring them according to demand is the best way to hire top talent without hurting your company’s morale.
5. Shortage of skills:
Now every industry is becoming a technology pro and looking for tech talent to meet their needs. However, lack of advanced skills and employee reluctance to adopt modern skills have become hurdles for SMEs.
The lack of “industry-specific experience and skills” is the crucial roadblocks for modern hiring managers and companies. In some cases, though the companies had an optimized recruitment process and budgets, they still struggle to find resources like cybersecurity experts, data analysts, AI developers, DevOps engineers — further making the hiring process complicated.
Lack of these skills hinders time to build an application, meeting deadlines, business growth, and competitive advantage.
Tip: When skills shortages become a crucial challenge, it’s better to re-evaluate your hiring process and cut down a few unnecessary hiring iterations. On the other hand, to comply with the in-demand skills, leverage a contingent staffing model to engage with potential freelancers or temporary workers.
The contingent workforce model has become incredibly popular in recent times due to the expertise and flexibility it offers within your budget.
Top 6 ways an IT staffing company can help you overcome tech talent acquisition challenges:
- A strong employer brand is a must to attract the right and highly skilled candidates. An experienced IT staffing company can help you build a strong employer brand by capitalizing on your unique value propositions, personalized candidate approach, and creating employee advocacy to attract professionals. Furthermore, they help you in creating a compelling job description that targets the right set of candidates.
- IT staffing companies always recruit. What does that mean? IT staffing companies continuously search for talent and hire them on-demand basis. So, whenever you have an open position, they will find and recruit a candidate quickly.
- You can get the top talent beyond your boundaries. With the ever-increasing demand for remote working, IT staffing companies can help you hire highly skilled candidates beyond your geographic locations — further helps create a diversified work culture.
- You can get access to a larger talent pool. IT staffing firms work with a vision of finding the best talent for their clients. Therefore, they maintain a database of developers and other tech resources. Whenever you have to fill a position, they will provide you with numerous resources, and you can further evaluate and hire a candidate in no time.
- Not all companies have similar talent requirements. With that in mind, IT staffing companies offer flexible engagement models like the direct, temporary, contract-to-hire, and contingent tech IT staffing models. You can choose the best talent engagement model that can fit your budget and meet the business objectives.
- By collaborating with a leading IT staffing services provider, you can save time and cost in hiring and talent management including, onboarding, payroll management, and employee retention.
Amzur’s IT staffing solutions:
Would you be interested in receiving remarkable hiring strategies and trends that can ease your hiring efforts? Get in touch with Amzur’s talent acquisition experts to get a free consultation today.
Our talent acquisition experts will always keep a bird’s eye on the market trends and tailor tech talent acquisition strategies to attract the best candidates instead of resumes. Unlike other staffing services providers, Amzur leverages the power of video interviews to ensure efficiency and optimize hiring costs.
Although technologies are constantly evolving, the goal of IT staffing remains the same, sourcing the best talent anywhere across the globe. With our agile and modern virtual hiring strategies, we augment your team by hiring tech professionals.
Connect with Amzur’s talent acquisition experts today.
Source: Amzur’s tech talent acquisition challenges and its solutions.
