Wednesday, December 17, 2008

Smart Recruiting Methods In A Bad Economic Situation

By Cade Krueger

So much money has been wasted on sourcing job candidates by large corporations that have not understood intelligent ways to retain these candidates. In a rough market you need to be very smart with how you use your money and it will pay off with your nurturing campaign.

So much of your struggle begins with poor interviews, weak recruiters, long application process and bad job board ads. This happens often because skill sets are not retooled and there isn't enough educating.

One of the least effective ways to spend money is to put it into job boards where ideal candidates are not searching. If they do go there it is a last ditch effort and you will find very few people that are ideal on those general sites.

Don't think that the person that has a solid resume is going to be the best person because talented candidates don't have to renew their resume. They are constantly contacted with little desire for new resumes or they are kept by their own company.

Traffic on job boards have gradually decreased over the past few years because people are realizing it isn't an ideal place for traffic. 3 years ago Career Builder and Monster had 1% of the traffic and now it is down to less than .2%.

Companies are finding a lot more success using niche sites or social networks to find job candidates. If you can interact and put a face to your jobs then people are going to get excited about it.

People want to find trustworthy sources because they are not satisfied with their job and that is why employee referral programs work so well. Something you should do is use your employees to interact well with contacts and constantly remind them of job opportunities with their company.

One of the best ways to interact early with explorer candidates is by using TalentSeekr from EnticeLabs in order to connect with targeted candidates. With a challenging economy it is a tenth of the cost of job boards with 5 times the reach.

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