Recruitment today is changing and as a business, you need to evolve and adapt in order to stay ‘in the game’ and ahead of the competition. Sticking with what has worked in the past and ignoring the advances in recruitment practices around you can be a bad decision in terms of the quality of staff you have and also their overall performance.
A great place to compare the evidence for the need to be continually evolving your recruitment process can be seen in the last premier league season and also in the current European Championship.
The “bigger” teams in the premier league have continued to ‘recruit’ in the way that they always have, appearing to have bid on the most expensive players, whereas “smaller” teams have evolved their approach in order to compete and have been going to their talent pool - scouting younger players from their academies and lower leagues.
This can be compared to the way that a company might keep a talent pool of candidates so that when the time is right and there becomes an opening or a need, access to those candidates is quick, easy and much less expensive a process than to start from scratch.
The England squad for the Euros is proof that this method of recruitment not only has its benefits in terms of reducing cost, but also at delivering quality, being as both Jamie Vardy (Leicester City) and Harry Kane (Tottenham Hotspur) made this years’ England team; both Vardy and Kane were nominees for the PFA Player of the year award with Vardy costing just £1million and Kane costing £0.
It’s important to keep your eye on, and in contact with, those candidates that aren’t right for you just yet, as when there is a need for a specific skill set, starting from scratch usually means an expensive and time-consuming process.Find out what other businesses are doing to optimise their hiring process; finding better candidates who are more suited to their business, delivering better results for less money, all whilst using information they already had! CLICK HERE