Things are looking up for recruiters, but recruiting tools need to improve2 @ M/ ` v7 R. b, `0 i
& \$ v- a0 u, z( z, S/ |In the last few weeks I've been contacted by a number of people looking to hire recruiters, and apparently having little luck. I'm also seeing big increases in bonuses offered for employee referrals, and signs of frustration (and desperation) among HR professionals in charge of recruitment. Some of my friends who run search firms are turning away business. If any further proof was needed that for recruiters happy days are here again, then look no further than the ERE conference this past spring. That was the most well-attended one that I can remember and for once no one handed me a resume or described their current situation as being "in transition." Let the good times roll.
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There's something familiar about this. We have been here before. The late '90s and all the way up until 2001 was a virtually identical period. Then as now, unemployment was low and recruiters were as popular as Paris Hilton's video (though for entirely different reasons). But having experienced all this before, are we any smarter now in how we approach recruiting and talent acquisition? - Q8 { W0 Z8 a
! {* r5 S1 ?- f. m* {" XI would expect recruiting to have matured and for there to be recognition that business as usual could not continue when the labor market tightens as is happening now. What the '90s showed us was that recruiting is a strategic function. That has two major implications — the first is that for recruiting to be truly effective it should be part of a larger talent management function. The second is that recruiting tools need to mature — providing better information to users and integrating the various ancillary functions and services that recruiters need.
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Recruiting and Talent Management- R7 I+ q( I7 q. _5 z8 u
Let's take these two items in turn. First, it should be apparent that recruiting is very much a strategic function. Being strategic means that something is important or essential to a plan of action. Recruiting is essential to an organization achieving its goals, by delivering the necessary talent. But for recruiting to fully realize its potential, the function needs to be driven by workforce planning and be supported by and supportive of internal recruitment and talent development. That is, not just exist in a silo charged with staffing open positions. ! X. j9 l' [8 Q; H, b
0 K+ Y, B0 l& V$ b7 R, B5 }7 iA truly strategic recruiting function should be able to create a recruiting strategy based on what makes the most sense and produces the highest ROI for the effort. That can mean making decisions about whether to develop internal talent to fill a job or look outside. This may seem obvious, but little in the literature or industry suggests this is happening. There have been several articles on ERE advocating the need for recruiting to widen its scope and footprint in organizations, but it's far from clear that the message has widely sunk in. |