Has it become harder to attract talent?
It’s not just you - there has been a marked decline in the number of applications for positions in the UK, even as the number of jobs listed has continued to?rise. What this has translated to is a lot of businesses are finding it harder to attract and retain talent - a survey by the?British Chamber of Commerce?recently found that 70% of businesses were finding recruiting difficult over a period of three months.?
So, at the moment, attracting talent is getting more difficult, but what obstacles are recruiters facing, and how can recruitment technology help to solve them? In this article we’ll be looking at these questions and more.?
Talent Gap
Especially if your business operates in a highly specialised field, you may be feeling the squeeze of a talent gap - there aren’t enough skilled workers within your field to fulfil its hiring needs. This problem has been exacerbated in the wake of Brexit, as especially in the tech sector companies have a smaller talent pool to select from, as they no longer have as ready access to European workers. More than that, many of the EU workers who already resided in the UK are considerably leaving, almost half according to a survey by?Deloitte.?
领英推荐
Ironically, this might be a problem of success for some fields - Fintech is one of the fastest growing sectors of the whole British economy, having raised nearly?$6 billion?in the first two quarters of 2021, but that means that there is a lagging effect, whereby the size of the talent pool hasn’t grown with the new demand. When there is a small talent pool, that means that your business will have to develop new talent attraction strategies capable of attracting and retaining top talent. inploi’s?Attract?module features a fast and broad distribution network, so that you can reach skilled workers wherever they are online.?
Higher Standards
Related to the issues surrounding the talent gap, but not quite the same, is the fact that workers are currently able to demand more than they were in the past from their future employers. In an employee’s market...
Find the full article here.