Keys to Competing for Talent
Your business is only as good as the people running it—namely, your employees. So naturally you want the most talented people on your team. While there are plenty of job seekers out there, you may have to compete for the best, because the excellent candidates are in demand. That means taking a multi-faceted approach to hiring employees and maintaining a strategic, long-term view of the job recruitment process. You’ll need to balance passive recruiting, such as posting jobs on your website and job boards, with active recruiting, including using headhunters, leveraging social media, working professional groups, incentivizing referrals, raiding the competition, and sweetening the pot with sign-on bonuses and competitive compensation packages.