HR Thinking: The rise and rise of the talent marketplace

Welcome to Q2!

Maybe it's an age-related thing to say but 'somehow' April has arrived. By now, you might be taking down your meaty objectives for the year and perhaps even making hesitant plans for the summer holiday season.??

One issue likely to be still firmly on your agenda is hiring. Demand for candidates remains high. Which is why this month's main focus is on talent marketplaces and how a combination of tech and smarts can help HR and recruitment leaders hone in on the talent needed to fuel growth.?

In this edition:

• Talent marketplaces - who, what, how and where to begin?
• Loneliness in a hybrid world
• How to do job descriptions (clue: lean into the example set by Lever)
• Shameless awards plug!

Let's go.???

---------------------------------------------------------------------------------------------------------------

THE BIG TOPIC

The rise and rise of the talent marketplace

Has your business delved into talent marketplaces to find great candidates?

Long before the onset of Covid-19, the expression 'talent has gone global' was being bandied about.?

And in a post-pandemic world, a proliferation of new talent marketplaces is further narrowing borders and helping to close exacerbated skills gaps.?

Josh Bersin's piece titled?'The mad scramble to lead the talent marketplace market' ?is a great place to start to broaden your understanding.

As well as contextualising the purpose and benefits of a talent marketplace, Josh highlights the big players such as Fuel50 and Gloat. He also covers how certain organisations have acted to create their own marketplaces. This has been driven by an effort to aid internal mobility and re-think how employees can move between different projects.?

If you prefer audio then check out this?recent episode ?of the?Digital HR Leaders?podcast. It features Deloitte's Ina Gantcheva, a leading authority on talent marketplaces. Ina gives her thoughts on how marketplaces will shift organisational thinking on the drive for greater efficiency and unlocking potential.?

4 other players to watch:

• Lundi. ?The good folks at Lundi promise to 'reduce the time to fill by 50%'. Their platform connects hiring managers with top-class recruiters (amongst other solutions), with AI matching designed to connect you with recruiting talent ready to take on your toughest jobs. Check out Lundi's recent whitepaper,?'Borderless Talent', ?for best practice on how to hire globally.??
• Relocate.me . A 'niche job board for techies looking to relocate'. This marketplace is used by tons of start-ups and scale-ups to find remote talent/those willing to relocate. However, the added bonus is the depth of relocation information, salary benchmarking and country-by-country advice on offer.?
• Gigged.ai. ?As the name implies, this is a gig worker platform where freelancers can connect with potential employers. The search tool features an impressive set of industry, specialism and skills criteria, while the complete solution can be white-labelled to meet your unique requirements.?
• Talentpools.io . Design and create your own talent pools while saving ￡￡$$ on building your own tech. Talentpools.io has created a glut of automations to help streamline processes. Meanwhile, the platform boasts numerous use cases, including drop service functionality whereby you can create your own pool of service providers. Recent developments include the launch of Remote Ukraine - a bespoke talent marketplace for Ukrainian refugees.?Watch this 1m30sec video ?to find out how it works.?

---------------------------------------------------------------------------------------------------------------

IN THE NEWS

UK workers demand action on loneliness

New research published by Silicon Reef reveals that 73% of UK office workers want employers to take action on loneliness amongst flexible workers. The findings aren't necessarily 'pro-office' but they do hint at a growing sense of disconnection and loss of productivity as a result of hybrid/flexible working arrangements.?(Via HR News)

It's the micro experiences that matter most to candidates

It's well known that candidates are likely to share any bad experiences on platforms such as Glassdoor. And it's the micro experiences that are likely to have the greatest impact. Check out Matt Adler and Mervyn Dinnen's riff on?The Power of Moments.?(Via HR Magazine)

Lever leads the way on writing job descriptions?

H/T to?Henry Ngo ?for the share. His employer, Commure, has taken a leaf out of Lever's book and started to include 90-day roadmaps in all job descriptions. It's all part of Commure's talent branding mix and Henry seems pretty happy with the results. What do you think? Check out this?Lever JD ?for inspiration.?(Via Lever/LinkedIn)

------------------------------------------------------------------------------------------------------

WHO'S TALKING?

Michael Girdley?has given his hacks for communicating with Gen-X, the 'forgotten' generation of 42-57-year-olds. Not sure I'm 100% onboard with blanket stereotyping but you get the general idea.?Twitter

Agree with?@HungLee??"Less (fewer?!) meetings = less information siloing + greater transparency."?Twitter

Patrick Coddou?put out a shout for 'what are your red flags when hiring?' and the comments blew up. Expect the good, the bad, and the ugly.?Twitter

---------------------------------------------------------------------------------------------------------------

BPS SHORTLISTED FOR AWARD!

Our US team has been crushing it since 2017 and we're delighted to announce we've been shortlisted for?'The Best New Talent Solutions Provider' ?award at this year's TIARA Talent Solutions Awards US.

This follow's last year's 'Highly Commended' for 'Best Client Service' at the same awards ceremony.?

Fingers crossed for 9 June!?

---------------------------------------------------------------------------------------------------------------

Spring has sprung in the northern hemisphere, with the daffodils quickly making way for tulips. Gardening has been proven to be good for the heart and mental wellbeing, and it's a joy to get out and reap the benefits it brings.?

We wish you all the best with whatever you're 'sowing' over the course of the next month.?

Until next time...