The Rise of Passive Candidate Recruitment
Linh Chu (Lucy) ? Talent Solutions, SHRM-CP
Senior Recruitment Consultant at Manpower Group (Technology, Financial Services, Real Estate)
The global talent shortage is a major challenge for businesses of all sizes. In the United States alone, there are currently 11 million open jobs. This means that there are more job openings than people are looking for work.
One way that businesses are addressing this challenge is by targeting passive candidates. Passive candidates are people who are not actively looking for a new job, but who might be open to a new opportunity if the right one comes along.
There are several reasons why businesses are targeting passive candidates. First, the pool of passive candidates is much larger than the pool of active candidates. This means that businesses have a better chance of finding the right talent by targeting passive candidates.
Second, passive candidates are often considered higher quality because they are already employed and excelling in their roles. They're not motivated by desperation to leave their current positions, making them discerning about their next career move.
Third, passive candidates can be assessed for cultural fit before engaging in the hiring process, reducing the risk of a poor match between the candidate and the company's values and work culture..
Atlas World Group’s Approach to Passive Candidate Recruitment
Atlas World Group is a global logistics company that has been struggling to fill key positions in IT and technology. In order to address this challenge, they have shifted their focus to primarily targeting passive candidates.
Atlas’s approach to passive candidate recruitment is two-fold. First, they use LinkedIn Recruiter to target passive candidates who have the skills and experience they are looking for. Second, they leverage the social media of their current team members to share job openings with their networks.
The Benefits of Targeting Passive Candidates
There are several benefits to targeting passive candidates. First, it allows businesses to reach a wider pool of potential talent. Second, it gives businesses the opportunity to build relationships with passive candidates before they are actively looking for a new job. Third, it allows businesses to target passive candidates who are a good fit for their company culture.
Conclusion
The global talent shortage is a major challenge for businesses of all sizes. However, by targeting passive candidates, businesses can increase their chances of finding the right talent. Atlas World Group is a great example of a company that has successfully implemented a passive candidate recruitment strategy. By following Atlas’s example, businesses can overcome the challenges of the global talent shortage and find the right talent to help them achieve their goals.
Source: Theundercoverrecruiter
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