Further evidence of 'candidate power'?
Julian Turner
Regulatory Recruitment Subject Matter Expert & Influencer In Pharma & Biotech With Unprecedented Access To Excellent Candidates
The 10 Must-Read Articles for Recruiters This Week
Content Marketing Manager at LinkedIn
July 22, 2022
In a new report, consulting firm?McKinsey & Company?highlights that the past few years has “spurred feelings of liberation for millions of workers who can now envision what they want their jobs to be, not what they have been.”
Despite these changing attitudes, businesses may not need to completely overhaul their sourcing and hiring approach. “Companies,” the report suggests, “don’t have to reinvent their employee value proposition to meet this moment. In fact, they should double down on what that proposition is — a core representation of their culture, purpose, and values — while also expanding their reach into multiple talent pools.”
McKinsey advises that companies go beyond what they call “traditionalist” candidates and actively pursue those workers outside that talent pool, including gig workers, caregivers, recent retirees, and the self-employed. After all, the report says, there aren’t enough “traditionalist” workers to fill open positions (the United States, for example, had 11.3 million open jobs at the end of May), so companies shouldn’t hesitate to dip their toes into every pool available.
No matter the candidate, however, the report does offer one final piece of advice: “This outreach must be creative and authentic. Workers know the difference, and they are voting with their feet.”
To learn more about McKinsey’s findings, be sure to check out the top spot in our list below of must-read articles for talent professionals. And further down our list, you can learn why some are calling for a shorter workday instead of a shorter workweek; what recruiters can do to ensure they’re not undervalued; and which generation is the least comfortable with salary transparency.