How to Recruit Top Talent Amid an Uncertain Economic Landscape?

How to Recruit Top Talent Amid an Uncertain Economic Landscape?

Recessional lay-offs have started picking up pace lately with tech companies remaining in the fore-front to sack employees. Almost 91 companies have fired more than 24,000 tech staff in the last 15 days and it is expected that the trend will continue looking at the macro factors affecting the economy. But there are a few companies who have gone on the hiring spree as well followed by firing. Nonetheless, it is important that trust is established between employer and employee in this adverse economic situation. In this blog we shall see what is the best approach to hiring #toptalents

Understanding How Job Seekers are Motivated 

In these tough times, one must understand that job seekers will be looking for some type of security. That said, as an employer, you can offer a #hybrid hiring model of WFO/WFH. Once as a job giver, the employer does not exploit the negative job market and understands the challenges of employees in adjusting to the post-covid work model, it will help them to have a better #hiringexperience. At the same time, such an approach will also motivate the employees to give the best to the job. 

A Growth Culture is the Key

As per TinyPulse, a feedback platform, 21.5% of the employees are most likely to quit an organization where they are recognized for their work. However, when such employees are praised and appreciated for the efforts that they put into their work, 69% of them showed very high motivation while working. These facts are deterministic factors for employers who want improved productivity and innovation to occur at their organization. However this is achievable only when the organization has a growing mindset not only in terms of expanding the revenues but also stimulating the experience at work for the employees. 

How To Recruit Top Talents? Secrets Unveiled 

Know the Wants 

Only you, as an employer know what exactly you want in the employee. Whether you want a mix of skills, culture, dexterity and innovation to get a job done or you simply want a cookie-cutter approach in your employees. For example, an IT company’s hiring process will be different where they would pay more attention to the staff's soft skills, problem solving capacity, proactive response and ability to handle pressure. Whereas, a washing company might not look at all these traits, instead focus on the fast and fearless attitude of the employee. Based on these traits, you can undertake a better hiring process. 

Instead of letting graduates come to you, it is better that you can tie-up with colleges and pick the best ones from there. In this way, it will help you get the best talents from a long pool of candidates. 

Know how to set yourself apart 

Everyone is posting the same job but the ones who are a little different in their approach make the difference. While posting the job, you must be sure to mention what extra you will bring for the candidates. In this way, they will be more aligned to work in your organization in comparison to your peers in the market.

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