Biggest Crime of the 21st Century? Companies Letting Failed Recruiters Run Talent Acquisition
Leigh McKiernon
StratEx | Indonesia Headhunter | C-Level Recruitment | ex Korn Ferry
Companies love to shout from the rooftops that “people are our greatest asset”—and then do everything possible to prove otherwise. The industry echo chamber buzzes about a supposed “talent crisis,” but behind the curtain, talent acquisition professionals are juggling hiring decisions with all the precision of a toddler wielding a marker on a freshly painted wall. These so-called hiring “strategies” seem like elaborate systems designed to avoid finding real talent altogether.
Who’s steering this ship? Why, none other than the TA “experts,” many of whom stumbled from the agency world after missing every performance metric there. Yet, here they are, leading the charge, with KPIs focused on “cost-to-hire” instead of the minor detail of “quality.” Their mantra? Slash that budget, fill that quota. Because nothing says “we care about talent” quite like a fire-sale approach to hiring.
Meanwhile, agencies—who, shockingly, know how to find real candidates—charge premium fees for actual results. In-house teams, however, are too busy racking up LinkedIn humblebrags about “making a difference” to notice the irony. And thus, we’re all swept up in this corporate funhouse, where hiring becomes an endless loop of poor decisions and cheaper hires masquerading as innovation.
Why Hire the Best When You Can Hire the Cheapest?
In theory, hiring should be a simple affair: you spot a need, identify a candidate who could knock it out of the park, and—bingo!—the position is filled. But alas, corporate logic has other plans. Instead of using common sense, hiring has become a full-blown exercise in turning “talent acquisition” into a corporate oxymoron. Enter the Talent Acquisition (TA) professionals, wielding cost-cutting KPIs like a treasure map to the bargain basement. They’re not looking for the best; they’re out to beat their personal best in the Olympic sport of penny-pinching, proudly displaying their “cost-per-hire” scores like it’s a trophy.
What’s truly remarkable is how quickly quality falls by the wayside, forced to the back seat (or maybe strapped to the roof) of the hiring process. Who needs a talented, motivated team when you can hire anyone with a pulse for a fraction of the price? The TA world has fully embraced the “How Low Can We Go?” mentality, treating hiring as though it’s Black Friday at the discount store. And while these cost-cutting victories might look great on a spreadsheet, they’re a little less inspiring in the actual workplace.
The end result? New hires who, after a few weeks, have the spark of a McDonalds worker on an endless Monday morning. The energy is palpable—palpably absent, that is. Instead of dynamic innovators, the workforce ends up filled with people who met the basic qualifications (barely) and, more importantly, didn’t stretch the budget. TA departments manage to disguise all this as a success story, with HR “strategies” that could double as a case study in budget cuts masquerading as recruitment. After all, why prioritize hiring the best when the cheapest will do? Just don’t expect the bottom line to be the only thing that’s rock-bottom.
Internal Recruiters: Heroes in Their Own Minds
Once upon a time, recruiters in agencies worked with drive, with ambition—largely fueled by the idea that they could actually earn substantial fees.. But the agency world is tough. Some found it, well, a tad too cutthroat—what with the relentless quotas, the competition, and the terrifying possibility of missing out on those big fees. So, in a sort of professional retreat, they marched into the softer, more padded world of internal recruiting, where the risk of anyone expecting big returns is blissfully low. Here, they found not just desks, but a newfound mission: a crusade to “revolutionize” corporate hiring from within.
Armed with the buzzwords they picked up in agency life—“talent pipeline,” “candidate experience,” and, everyone’s favorite, “culture fit”—they set out to tame the unruly wilderness of in-house hiring. However, the only game-changing innovation most seem to bring is a well-practiced poker face when delivering everyone’s favorite hiring rejection: “We’ll keep your resume on file.” Their ambition seems to have mellowed into a steady, corporate-approved rhythm, as they comfortably cruise through resumes, ticking boxes, and chasing KPIs as if they were on a leisurely stroll rather than a hunt for actual talent.
The irony is delicious, though. These “heroes” of hiring, whose careers never quite blossomed in the competitive agency sphere, now act as the gatekeepers to the very talent they never managed to source. But don’t worry—they’ve got the acronyms and jargon to make it look official. If you ever wondered what happens when the middle of the pack takes the wheel, look no further than the modern internal recruiter: a vision of determination… at least when it comes to ensuring their cost-per-hire metric stays comfortably low. After all, why chase excellence when you can be the gatekeeper of mediocrity, ensuring every “adequate” hire gets a spot in the talent pool?
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Talent Acquisition KPIs: The Only Numbers That Don’t Count
KPIs, the beloved corporate measurement tools, have turned “success” into something that sounds good on paper and might even look decent on a PowerPoint slide. In an alternate universe, perhaps, hiring KPIs would gauge how well a new hire contributes, gels with the team, or, dare we say, performs the job. But here on Earth, the metrics are a tad different. Hiring KPIs are less about quality and more about checking boxes on a budget. Welcome to the world of “cost-per-hire,” the glorious statistic that turns hiring into a discount shopping spree.
TA professionals often find themselves measured by how little they can spend rather than how much value a new hire can bring. In this setup, budget constraints are king, turning every potential hire into a question of affordability over ability. It’s not “Will they excel?” but “Can we fit them into this budget that looks suspiciously like the leftover change jar?” Quality and potential impact fall to the wayside, replaced by the dubious honor of spending the least. Long-term value? Sure, that’s nice in theory. But when there’s a spreadsheet to fill, “cost-effectiveness” becomes the holy grail.
It’s a hiring world where quantity trumps quality, where building a strong team comes second to hitting that coveted “bulk rate.” Imagine the 21st-century workforce not as a collection of talented professionals but as an assembly of “value deals” picked for their affordability and not much else. Forget building a team of innovators and leaders; let’s go for the most bodies at the best price. After all, who cares if they’re actually talented, engaged, or even interested? As long as they don’t tip the cost-per-hire scale, they’re in!
The Battle Cry: “Talent is Important!”…Or Is It?
“People are our most valuable asset,” proclaim corporate leaders in every keynote, tweet, and quarterly report. They’re not shy about it, either—no town hall meeting is complete without a passionate nod to the employees who “make it all possible.” Yet, somehow, between the closing speech and the actual hiring process, this sentiment loses a little... oomph. Behind the curtain, the real mantra seems to be, “Talent is essential! But can we get them at half price?”
The irony is a work of art. We’re living in the age of the “values-driven workplace,” where job descriptions gush about “innovation,” “diversity,” and “passion.” Yet, these so-called priorities are funneled through a hiring system more focused on squeezing every last cent out of the budget than on bringing in, well, actual talent. Who knew the pursuit of excellence had a dollar-store price tag? It’s as if “talent” itself has been redefined as a synonym for “most affordable option available.”
One has to wonder, at what point did the mission to attract top talent become a clearance sale? If companies really value strong, skilled teams, you’d think the budget might follow suit. But no; here we are in a corporate world where the phrase “hire the best” has morphed into “hire the cheapest with a pulse.” It's a system where skill and potential are secondary to spreadsheets and savings. Imagine a world where the future of a company is decided by who’s willing to settle for the lowest salary. Not exactly the recipe for a passionate, high-performing team.
So, to all the business leaders out there: if talent really is as important as you say, maybe start treating it that way. Or just keep saying it; it makes for a great Twitter hashtag, if nothing else.
At the end of the day, corporate hiring strategies reveal a strange, perfectly circular logic. Why bother with actually talented, innovative candidates when you can just as easily fill those open roles with the cheapest option available? Who needs agency recruiters skilled at spotting talent when you can have someone who’s mastered Excel but not much else? Talent Acquisition today is less about actual “talent” and more about keeping costs low and KPIs green—business sense and brilliance are just too expensive, apparently.
The strategy is as clear as it is cynical: quantity over quality, buzzwords over substance. If it sounds good on a quarterly report and checks the budget boxes, it’s a win! And who cares if that win involves onboarding a lineup of new hires who might struggle to define the company’s core values, let alone embody them? In this grand circus of modern hiring, the bar isn’t just low; it’s practically a tripping hazard.
But hey, as long as those KPIs keep everyone smiling in HR, it’s business as usual. After all, why aim for excellence when mediocrity is so cost-effective?
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1 周Company needs to value people over machine and differentiate a talent acquisition process from a tenderring mindset. People have no depreciation if they keep learning and growing. However, it works both ways. If talent comes with a fixed mindset, no value added, then "procurement" will take over the process.
Here to cut through the BS
2 周To be fair to these "recruiters" they "personally" don't "fail" as the roles they are hiring are put up for "sale" to the highest bidders. Sale here is defined by the ability of the recruiters and the would be hire to provide for lunches, dinners or drinks at high end venues or tickets to Bali or that lovely gadget or just cash to be safe.
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3 周Tim Roby
HR Practitioner
3 周every company should have its own remuneration structure, and any hiring should fit the structure