6 Recruiting Challenges That Makes Hiring Managers Job Tough!
The hiring process today is very different to what it was 10-15 years ago. We have moved into a candidate-driven market, candidates have multiple offers in hand and an upper hand in selecting the organization they want to work. With this, in today’s job market, hiring managers face a lot of challenges. At Tekfortune, our recruitment team completes hundreds of interviews every week with prospective candidates and they often ask candidates the reason for the change. Not to our surprise, the major reasons for their unhappiness include lack of personal growth, lack of challenge or inability to have added responsibilities (upward growth).
Listed below are the 6 biggest recruiting challenges we have come across that are faced by the hiring managers today –
- Unable to attract a quality talent pool
One of the biggest recruiting challenge faced by hiring manager today is to attract skilled and talented candidates in the demanding industry. Candidates with hard-to-find skills are also reached out by several recruiters and are considering multiple several job offers at the same time. As a hiring manager, the challenge here is to persuade passive candidates to choose your company over your competitors.
“1 in 6 candidates who applied for a job were asked for an interview.” (Jobvite)
- Candidate recruitment journey
In this candidate-driven market, candidates seek for good customer experience, right from the website exploring to the interview process. They are looking for authentic and real information. Recruiters have to make sure that they end the hiring process properly with the candidate, even if the candidate is not shortlisted. As the candidate may not be a right fit for the current opening but might get through in the next one. And if your recruiter is not doing that it will have a negative impact on creating a talent pool for the future.
“61% of employees say the realities of their new job differ from expectations set during the interview process.” (Glassdoor)
Hiring managers need to understand that the competition is stiff and the top talents are pitched by multiple recruiters. So you need to speed up the recruitment process, as if you don’t tap the candidate first, chances are that you might be left with the unfit candidate for that position. On the other hand, increasing the recruitment speed is perhaps one of the hardest tasks for the recruiters.
“56% of recruiters said they can’t make good hires because of lengthy hiring procedures.” – (MRI Network)
- Adopting the new job market
Hiring managers are still unable to cope up with the new candidate-centric job market. Unemployment is low, candidates have an upper hand now. They are often entertained with multiple offers. Now here the challenge with the hiring manager is that they are forced to make these offers, benefits, and compensation more attractive to keep that competitive edge.
“66% of job seekers said they would wait only two weeks for a callback after which they consider the job a lost cause and move on to other opportunities.” (CareerBuilder)
- Employer Branding
A good employer brand helps you attract and retain better candidates. It is highly important to build trust in your brand during the recruitment process, by giving each applicant a good experience of engaging with you. As a hiring expert, give your employees the means to tell their story about their work and what they like.
“46% of Glassdoor members read reviews before they speak with a company recruiter or hiring manager.” (Glassdoor)
- Millennial Retention
By 2020, Millennials are expected to make up 35% of the global workforce. They are more tech-savvy compared to the baby boomers. Millennials are open for communication and regular feedback. The challenge with the hiring experts is to have a unique strategy to attract, retain and develop this talent. Because Millennials have the tendency to do job hopping that increases their workload. Hiring managers that can retain millennial talent are those that create opportunities to add challenges to their existing roles and additional perks and/or compensation.
“87% rate professional career growth and developmental opportunities as important to them in a job.” (Gallup)
To sum up, every hiring manager has its own set of recruiting challenges to deal with. In today’s candidate-centric job market, hiring the right kind of candidates has never been more important. Hiring managers need to be more proactive in their approach to talent acquisition, and retention.
Looking for an all-in-one recruiting solution? Tekfortune ensures the change the whole of your recruitment experience – improving candidate sourcing, interviewing and applicant tracking for a streamlined hiring process. Partner with us today!
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