Current pandemic-related hiring challenges have created a fiercely competitive environment for organizations looking to hire talent. Trends include offering higher salaries and plentiful perks – but will it be enough to fill vacant roles with high-performing employees?
Considerations for 2022 hiring
Just as it’s a seller’s market in the housing industry, it’s a candidate’s market in the world of hiring. Companies are pivoting on the fly as they continuously re-evaluate their recruiting and retention programs to attract and retain top talent.
Currently, employee supply-and-demand greatly favors job applicants. The highly competitive environment means candidates can demand more from current or prospective employers.
Companies are experiencing significant growth while still recovering from COVID-related layoffs, job losses and the ‘Great Resignation’. Struggling to keep up with a limited crew, priorities have shifted to streamlining their application and decision-making process while still trying to find top talent.
High Numbers of Unqualified Applicants vs. Top Talent
When you manage to get applicants, too often they are under-qualified or completely unqualified. Plus, with companies looking to move fast not to lose candidates they are ‘short-cutting’ their traditional processes resulting in hiring bias and even more bad hires than before; and pre-COVID hiring success for most wasn’t that great.
If you have ever wondered just how much a bad hire can cost your business, you may want to take a look at our mis-hire calculator.
Hiring solutions with Topgrading
Stay competitive and hire high-performers – A Players — in 2022. Topgrading offers solutions that are proven to reduce – and even eliminate – bad hires and inefficiencies in hiring and retention. Despite the current challenges, you will build a dream team of top talent.
The Topgrading tools and processes together are a proven hiring methodology for recruiting, hiring and developing high performing teams. Hire more A players and decrease the number of mis-hires with Topgrading. Contact us to learn more about the Topgrading hiring process and start achieving better hiring results now!