Addressing Talent Scarcity!

Is there a talent shortage?

Or are traditional talent attraction approaches just not cutting the mustard, and not resonating with your target audience?

Is this a good time to reimagine approaches that not only benefit talent attraction, but also talent attrition!?

EDI

According to Glassdoor a whopping 76% of job seekers consider workforce diversity a pivotal factor in their job search.

How can you demonstrate your commitment to EDI?

Salary Transparency

81% of candidates view salary as one of the most important factors when looking for a new role (Source, CV Library)

Our recent research also shows that there is a perceived correlation between salary transparency and whether a company is genuinely inclusive.

Actions are the true barometer of commitment. ?And a key action companies can take is to detail the salary!

Salary Transparency & Retention

Have you ever considered the doubts that fester, the conversations that happen when salary information is withheld?

Do current employees wonder if they're being undervalued or if there's pay disparity within the team.

Transparency with salary when advertising a role can help elevate uncertainties and create an environment of trust and fairness. ??There's a huge correlation between individuals who feel valued, and their commitment to an organisation. ?

Candidate Experience as a Differentiator

Would it shock you to know that approx. 75% of applicants never hear back from employers after applying for a job and?60%?never hear back after an interview (Source, Starred).

Providing a strong candidate experience isn’t just common decency, it’s a necessity when it comes to attracting talent, enhancing company brand, and building future talent pipelines.

It’s not just the first impression that counts, which is why clear comms, timely feedback, and transparency throughout the recruitment experience are essential and demonstrate respect for the candidate's time and effort.

Named and Shamed!

Sharing on social media is becoming more and more prevalent, and companies are getting named and shamed. Provide a bad experience and before you know it a post has been shared and gone viral!

Every candidate whether appointed or not should walk away with a positive impression of a business.

Final Thought ??

By embracing inclusivity, transparency, and innovation, companies can not only weather the talent shortage storm, but emerge stronger and more resilient.

If you’re looking for other ways to address talent scarcity please get in touch, always happy to share further tips, and the latest intel.

Who are Brookwood?

Agile talent partner, with a UK and global footprint. Market specialists, optimising the latest tech and advanced recruitment strategies to deliver talent diverse in experience, thought and potential - essential for business innovation and growth!

[email protected]

www.brookwoodrec.com