While it’s still a little too early to tell, economy experts in the US are predicting that 2013 will herald above average growth for many businesses. In a popular State of Recruiting report issued near the end of last year, over 63 percent of a polled group of companies were already noting the signs of the end of the Great Recession.
Even the news sources, like USA Today, are pointing to robust job growth, advising that, “The US economy shrank in the fourth quarter of 2012 for the first time since the recession, but job growth was more robust than initially estimated.” Surprisingly, some major recruitment agencies have been reporting placement rates as high as 30 percent, with projects of around 80 percent successful candidate placements by the end of the year.
Now, before you panic, remember that you have time now to plan a staffing and recruitment strategy. Our FREE guide gives you a breakdown of the most common recruitment options you have. The best plan is to partner with an on-demand recruitment team, however. But we’ll get to that later.
Challenges to Overcome in Talent Management
While it’s becoming clear that the fight for great talent is about to heat up in 2013 for thousands of businesses, so too will it become the time for the best contract recruitment teams to rise to the top. In major growth industries, such as information technology, health care, and energy, there will be a huge demand for quality labor pools to staff short term and long term business growth strategies. Yet, there are still some hurdles to overcome in the battle for talent management.
Let’s take a quick look at a graphic that shows what these challenges are, for the average hiring manager.
As you can see, some of the top challenges for recruiters and their clients today are:
- Finding high quality candidates who possess the right skill sets.
- Filling job orders as efficiently and quickly as possible.
- Retaining top performance candidates for succession planning.
While some of these issues have been around for a great long time in recruiting, many can be solved by putting a flexible talent management program in place. One such option is working directly with a virtual IT recruitment team on a contract basis, that you can turn on or turn off as needed to meet your staffing demands. The smartest on-demand recruitment teams give your business more power by providing modern sourcing and screening resources, social recruiting insight, and a database of quality candidates ready to go to work for you.
Andrew Greenberg’s roots in recruiting date back to 1996. He has experience both on the agency-side and corporate-side of the staffing business, with a focus in the financial services space at companies like Bloomberg and UBS. He also has core experience with information technology staffing, and has worked for major software companies such as SAP Business Objects and IBM/Informix Software. To get in touch with Andrew, you can reach him by email or by phone at (800) 797-6160.