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Hope Is Not A Talent Strategy

Hope Is Not A Talent Strategy
by Roberta Matuson

Are you one of the countless companies sitting around hoping applicants will walk in the door because you post a hiring notice?

Employers in all industries are reporting difficulties in finding qualified candidates, and the shrinking labor market will not be expanding anytime soon. So, if you’re sitting there hoping to wait this one out, you’ll be waiting by yourself for a long time.

Here’s how to move from hope to action.

Cool culture

Are you just a place to work or are you the place to work? It's no accident that companies like Google and Microsoft have a pool of applicants that stretch the length of the United States and beyond.

These organizations know that it's not enough to offer candidates a place to work and a paycheck. Today's workers — particularly those filling entry-level positions — are looking for the total package.

They want to work at a "cool" place, where there are opportunities for growth and sushi in the company-sponsored dining room.

Take a look at your work environment and look at ways to be creative. You may not be able to afford a sushi chef for your employee kitchen, but you can certainly find a Japanese restaurant that can deliver a few platters of sushi to your office every now and again.

Subsidizing dues

Many job candidates and employees are no longer interested in paying their dues. Yet companies still have policies in place that requires employees to do so.

An example of this is job postings. Often employees must be in their jobs for a minimum period before they can post for another position.

This approach worked fine in the 1980s when there was an abundance of candidates for every job, but it doesn't work today. If you don't allow your employees to move rapidly through the organization, they’ll find a company that will.

Consider eliminating the time employees must spend in their jobs before posting for a new position. Make it a point to hire smart people, train them well, and applaud their advancement as they move up in your organization.

Read full article on MultiBriefs.