In today’s day and age where net incomes of staffing businesses are crashing due to an increase in competition. It’s crucial to adopt innovative recruitment strategies to attract the best candidates.
“According to Recruiterflow’s State of Staffing Report, top staffing companies saw a dip in their net incomes by 20% in Q4 2023. This dip is attributed to increasing competition from individual contractors and fractional TAs, the evolution of AI tools, and temporary placements getting precedence.”
We’ve compiled a list of 14 recruitment strategies to stay ahead of the curve and scale your recruiting business.
A job ad will help you find a suitable candidate for the role. But a brand presence helps you hire the Crème de la crème candidates who might not get on your radar through conventional recruiting methods.
The idea is to build a brand your target candidates recognize and are eager to partner with. And it’s not just candidates with a solid brand presence, you’ll have clients coming to you seeking recruitment services!
Sounds like a plan?
Let’s break down the process of building a brand:
You can also check out our blog on creating a strategic recruitment plan, which includes several useful templates.
More than half of job seekers around the world see job descriptions as a critical factor that influences their decision to apply for a job! So, if you’ve been overlooking the idea of posting a well-crafted job description, it’s time to change that.
First, ditch the same old copy-pasted job descriptions that sound robotic and unappealing. Your target candidates are probably skimming the whole thing.
Go with simple sentences that reflect the essence of your brand and are engaging enough to grab a candidate’s attention.
For example, take a look at Canva’s recruiting strategy and how they write their job descriptions.
They’re clear on what they expect from the role and their content is fun and engaging to read, something that a design enthusiast might take up.
Secondly, make sure to write these job descriptions, keeping inclusivity in mind.
Here’s an example of how Canva incorporates inclusivity.
Automating repetitive tasks, like screening resumes, scheduling interviews, and sending follow-up emails, can free up your time. You can focus on more strategic and high-value activities.
There are many benefits of automating your recruitment process. But one standout benefit is that it helps you hire faster and more efficiently.
So, in what ways can you automate your recruiting process?
Recipes are a simple way to automate certain recruiting tasks and processes based on action-based triggers.
Say you want to automate sending selection emails to all candidates who cleared the last round. You can create a recipe and add triggers to make that happen. Similarly, you can create a recipe for scheduling an email to the candidate who’s been moved to the phone interview stage.
Instead of sourcing candidates only while filling an open role, why not build a talent pipeline that may come in handy when a requirement comes?
It amps up your recruitment strategy in 3 ways:
Build a recruiting database that allows you to quickly source candidates as and when a new requirement comes up. It will be your central store of candidate information, which will save you the time you’d spend sifting through resumes.
Diverse recruiting involves keeping your hiring practices free from bias for or against candidates. The aim is to create a workforce that reflects all of society. This includes race, ethnicity, gender, age, disability status, and socioeconomic background.
This helps you contribute toward promoting DE&I, and you also get to tap into a wide spectrum of candidates with unique perspectives and talents.
Here are a few tips to recruit diverse talent:
The key to succeeding in your recruiting operations business is to stay on top of essential recruiting metrics and KPIs related to your agency’s performance.
Here are a few metrics you can measure:
By tracking these metrics you can make informed decisions based on evidence rather than assumptions. For example, you can track the source of hires check which recruiting channels are most effective, and allocate resources more efficiently.
Moreover, you can allocate your time, budget, and efforts more effectively when you know what’s working and what’s not.
You can also pinpoint bottlenecks or inefficiencies in your recruitment process. For example, if there’s a long time to fill for certain roles, you can investigate potential issues. These might include a lack of qualified candidates or delays in the interview process. Then, you can take corrective actions.
Effective time management is crucial for recruiters juggling multiple candidates and job openings. Implementing time tracking software can provide insights into how time is allocated and identify areas for improvement.
Candidate experience is how your candidates feel after going through your recruitment process. It starts when they apply and ends when they get onboarded.
While it sounds very doable, most recruiters fail to do the bare minimum, which results in candidates resenting them. In fact about 60% of job seekers from a survey admitted to never hearing from a recruiter within 60 days, while only 7% were notified of not getting the job!
The problem lies in your processes and lack of streamlining!
Here’s how you can build a positive candidate experience:
Collaboration is a critical part of the recruitment strategy and helps you closely match the client’s requirements.
Whenever a new hiring requirement comes to you, make sure you have it all laid out clearly for you. You should know the details like:
Such close collaboration allows you to quickly address any questions or concerns raised by the hiring manager. It also facilitates faster decision-making and reduces time-to-fill.
Not to mention, you get good quality candidates in your pipeline that fit well your client’s team and company culture. This reduces the risk of mismatches between candidates and employers and potentially leads to lower turnover rates and higher employee retention.
Data-driven recruiting means using data and analytics to inform and improve various aspects of the recruitment process. This recruiting strategy involves collecting and analyzing data related to candidate sourcing, screening, communication, assessment, and other recruitment processes to make more informed and effective recruitment decisions.
What does data-driven recruiting strategy look like?
LinkedIn is a goldmine when it comes to sourcing candidates. Imagine how much gold you can extract, when 65M people are searching for jobs on LinkedIn every week! If you feel like you’re not making the optimum use of LinkedIn recruiting, let’s fix that.
Recruiterflow has simplified things for you when it comes to sourcing candidates from LinkedIn without much manual effort.
Just download Recruiterflow’s Chrome extension and configure it to extract profiles from LinkedIn. Download the profile you want to source using the “save as PDF” option. The Chrome extension will automatically pick it up and parse it to upload on your Recruiterflow dashboard.
Think out of the box and take every opportunity to find the best talents for your clients. You can explore options like:
In the age of AI recruiting, don’t let technology make decisions for you. For example, if you rely completely on your ATS to scan resumes and reject candidates just based on formatting issues, you might miss out on great candidates!
While AI and automation help expedite the hiring process and take care of the redundant tasks for you, don’t let them cloud your judgment. You still need to use your human instincts to build personal connections with candidates and clients.
When recruitment is evolving rapidly, it’s time to rethink your traditional interview approach! Instead of going with the same old ‘dull’ interview formats and repeated questions, come up with fresh ideas to assess the candidates.
Here are some recruiting tips:
Skill-based hiring involves prioritizing candidates’ skills and abilities over traditional factors such as education or job titles.
It helps you assess a candidate’s suitability for a role more accurately and opens doors to diverse candidates.
Pre-employment tests are a great way to fairly assess a candidate’s skills. They ensure there are no biases, conscious or unconscious. Ideally, these assessments replace resume screening and happen before the first round of interviews.
As we look to the future of recruiting, it’s clear that recruitment is never going to be the same as it was a few decades ago! This is why you need to adopt recruitment strategies that prioritize adaptability, innovation, and speed.
That’s where ATS like Recruiterflow helps you in executing these recruiting strategies. From automated resume parsing and candidate sourcing to customizable workflows and collaborative hiring tools, Recruiterflow helps you manage every aspect of the recruitment lifecycle.
Book your demo today!