3 warning signs your competition is recruiting the best candidates in your market

Comments Off on 3 warning signs your competition is recruiting the best candidates in your marketWritten on May 29th, 2012 by
Categories: Corporate Recruiters, Human Resources, Third-Party Recruiters
RecruitAlliance helps organizations create a positive candidate experience.How much is one exceptional leadership candidate worth to your company? What is the value of a key staff member, when the rest of the team struggles to complete their own tasks--and that of the individual lost to your top competitor? Attrition is one of the most significant financial losses for a large number of organizations. Improve your recruitment process, implement a comprehensive orientation/training period, and give employees the tools to succeed in their roles and you not only keep good people--you build a better recruitment brand.

Today, let's take a look at the 3 warning signs your competition is recruiting the top caliber candidates in your industry, and how you can take giant leaps to win the race for talent.

1. Does your company offer a competitive compensation package? It may sound elementary, but there are actually organizations who believe they can get away with paying less than their competition. They turn to HR and the Recruitment staff to "point the finger" when they lose candidates to their competitors. Regardless of your company's reputation, location, perks, etc., if you can't compete in terms of money, you're losing the best candidates.

2. Is your recruitment process designed to continuously attract the highest caliber applicants? Casting an on-going wide net to obtain and retain a strong workforce is key to your organization's overall success. Internal recruiting efforts must focus on creating a quality candidate experience, while utilizing recruiting agencies and third-party recruiters as passive sourcing partners is key to improving your bottom line. Learn more about seamlessly managing your relationships with recruiting agencies and third-party recruiters, at no cost.

3. Does your company reward top performers and create an environment of collaboration? If you look at some of the strongest companies around the world, they typically share one thing in common--their culture is all about the team, and individuals who contribute above and beyond expectations are rewarded for their performance. Organizations fail to attract the best candidates when their culture is negative and lacking a true sense of the team concept.

Is your competition beating you to recruit and retain the best candidates in today's market? If this is an ongoing struggle for your business, it's time to position yourself to succeed by addressing these important issues.


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