Over the past few years the gap between demand and supply of fresh talent with superior digital skills has widened at an alarming rate. Globally by 2020, an estimated shortage of 1.1 million skilled workers in telecom, technology and media industry has been predicted.
In our extensive experience working with established companies and start-ups, we have noticed the severe shortage of skill sets especially for new and emerging roles in the tech industry.
The question we hear time and again is how can a company stand out and attract the best employees for the fast-evolving tech industry?
So, how can your company have an advantage in an increasingly competitive landscape? How can you create a sustainable strategy that attracts, recruits and retains skilled talent?
Read on to find out our 4 bullet-proof strategies for your organization to be future-ready.
Examining the key areas and assessing your company’s current recruitment strategies will help you pin-point what works and what doesn’t.
Here are a few points to ponder upon during your assessment:
· What is your current employer brand strategy?
· How well is it tied to your corporate brand?
· How are you currently perceived as an employer?
Get feedback from your current employees and candidates on how you can improve. Listen to what they have to say about their experience with your company. Capturing and understanding these metrics will help you fine-tune your strategy and mark your next steps.
Consider Talent Mapping
Talent Mapping is an effective practice to retain staff as it enables insights into talents’ goals and aspirations.
When companies engage us to help in facilitating their talent strategies, the first thing we do is to create a Talent Map to forecast long-term hiring needs and subsequently cultivate organizational support for new roles. It helps in recognizing the gap between a company’s goals and the personnel they must hire to reach them. We then work out a strategy on how to bridge that gap.
Find Out What Attracts To Tech Talents
A LinkedIn study revealed that career opportunity and future growth is the main reason an individual accepts an offer to join a company, and it is also the main reason why they leave a company.
Revisit your overall strategy and see where you can align a potential employee’s vision and your long-term business goals. Your value proposition should also resonate with tech talents, so make sure to touch on what is most appeals to them.
Make A Strong Value Proposition And Strategy
What makes your company stand out from the crowd?
Create a strong and attractive value proposition to help influence your employer brand.
Being ahead of the competition and taking an action as early as now will help prevent a shortage of top talents in your company.