Although the economy is currently in shambles, companies should be thinking about how to be well-prepared when things start to rebound. Instituting some sort of recruitment software is only the beginning.
Hiring is slow right now, but the time will soon come when employers have to be prepared to bulk up their workforces once again. Those human resource executives who spend this time forming a strategy and revising their recruiting efforts will come out on top.
According to an article by Human Resource Executive Online, there are five steps companies can take to make sure they’re prepared:
- Invest in technology. Because technology and Web 2.0 have advanced, recruiting strategies have evolved. Aside from a traditional applicant tracking system, companies should continue to use technology and Internet resources. Companies should research and understand the latest sourcing technology; evaluate your candidate-communication strategies and consider going paperless.
- Evaluate efficiency. Companies that have downsized will be faced with the challenge of adding employees. Companies should proactively plan your end-to-end scale-up strategy; incorporate metrics and monthly scorecards to keep track of progress and forecast future needs and consider having a part-time recruiting staff that can keep up with business needs.
- Examine your employment brand. You should examine your strategy to make your brand attract the best and brightest candidates. Companies should revisit strategic company objectives and identify the organization’s value; examine all branding avenues and commit to a focused and consistent message throughout the hiring process.
- Commit to continuous recruiting. Employers that continue to look for good employees, even during slowdowns, may be rewarded by finding candidates that might not be available in a stronger market. Companies should invest in employee training; devote time to social networking, attending discussions and following blogs and create and send continuous branded communications and e-mail campaigns.
- Seek out alternative talent-acquisition models. To lower costs and increase efficiency, companies can find shared service centers where the recruiting function operates as a separate business unit, align internal recruiting staff by region or product line or use recruitment-process outsourcing.