6 Ways To Reduce the Pain Of Acquiring New Talent

Finding new talent for your business is notoriously challenging. You don’t always know where to look or who to ask. What’s more, many of the most talented people in your industry are already working for other people. They don’t want to come and join you, even if you could offer a higher salary. So, what should you do? What are the 6 methods you can implement reduce the pain of finding new talent and still get the people you want?

By Team Savant

Image: Resume Genius 

Use Employee Referrals

One of the most underrated ways to acquire talent is via employee referrals. If your existing employees love working on your team, then they are often the best ambassadors for finding other people in the industry to join your firm. 

Referrals often produce some of the highest-quality hires you can get. That’s because you’re more likely to find someone who already fits the company “culture” and can slot into the team as if they’d always be there (along with delivering the work you hired them to provide). 

Add Executive Search

If hiring for the top tiers of your company, you could also use executive search. This solution is essentially pay-to-win. The idea is to get experts to recruit the people you need from their massive network. 

Agencies will usually take a list of requirements from you and then try to match them to the people in their network. Then, they will put forward candidates and explain to you why they think they are the right people for the job.

Build Your Employer Brand

Related to the employee referral idea, you also want to build your employer brand. Making it sound exciting to work for you is one of the strongest pulls out there. 

Think about what Google achieved with its employer brand ten years ago. All the graduates from the top science and engineering universities wanted to work at the company’s headquarters. 

Engage With Passive Candidates

You could also try engaging with passive candidates. Reaching out and actively hunting for the people you want can be a highly effective strategy, especially if you want to run a startup

Of course, there are various risks with this approach. But there are also significant benefits. Just make sure that if someone accepts an offer to come and work with you that their hearts are in it. 

Implement Applicant Tracking

Applicant tracking is another way to reduce the pain of finding talent. Keeping tabs on people as they move through your system makes the whole thing so much more manageable. 

What’s more, you don’t need to worry so much about the best applicants slipping through the cracks. If you have a decent overview of everyone who is applying to work with you, that can be a highly effective way to reduce stress on your part. 

Streamline the Process

Finally – and related to the last point – focus on streamlining the process of applying to work for you. Make it easy for everyone involved so you can quickly filter people and get to the individuals that you actually need.