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1、Always be recruitingHow to attract,engage and retain talent in 2023ContentsIntroduction 3The current state of recruiting 5Retain the great talent you have 6Your employee proposition 7The job seeker journey 8General awareness 9Passive search 10Active search 11Application 12Offer&Onboarding 134 ways t
2、o build your talent pipeline 14Reach out to employees 162ALWAYS BE RECRUITINGWhy being proactive is the only strategy for successThink the recession will slow demand?The recruiters we spoke to dont think so.96%Of the 96%that expressed recruiting confidence,55%are very confident theyll be able to mat
3、ch the best candidate to the opportunity.92%Our survey shows that 92%of US companies are planning to hire:either to backfill roles or fill new ones.Recruiter confidence is high,but such optimism may disappear when faced with reality.Anecdotes and evidence from our survey show that recruiters face a
4、hugely challenging and changing environment in 2023.Job seekers want greater freedom on how,when,and where they work.Theyre also demanding more significant benefits and higher wages.On the flip side,recruiters face a growing skills gap,with 55%struggling to find candidates with the skills they need.
5、Across all industries,87%of recruiters“sometimes”or“very often”struggle to fill vacancies because of candidate skills gaps.Competition for hireable talent will get tougher over the next year.Good talent is getting harder and harder to find,Monsters 2023 Future of Work survey shows and it takes more
6、than ever to attract the staff you need.As a mild recession approaches,some US businesses are taking a wait and see approach,but standing still isnt a strategy for survival in the war for talent.Instead,recruiters must use all available tools,technologies,and techniques to capture candidates.To stay
7、 ahead,your business must always be recruiting.A strong candidate pipeline starts at understanding the candidate journey.Recruiters need to have a plan for attracting poised and passive candidates,as well as engaging those already searching for their next job.ALWAYS BE RECRUITING3Traditionally,the r
8、ecruitment process has followed the same process.Post a job ad,review applications,interview,and then make an offer.But such a simple strategy isnt suitable for 2023.Using the latest data from our 2023 Future of Work survey,we highlight key themes and trends and explain what they mean for your talen
9、t pipeline.We break down the job seeker journey identifying opportunities at each stage to engage with talent,build your brand,and boost applications.Well explore ways to retain the employees youve worked hard to already recruit.Finally,well identify some Monster solutions that can support you in bu
10、ilding your employer brand and create a compelling proposition for existing and new employees.Monster can help recruiters review,refresh,and refine their talent acquisition strategies.Find a partner to guide you through uncertain times.With almost thirty years in business,Monster has helped companie
11、s not only survive,but thrive in uncertain economic times.Our industry experts are here to provide information,advice,and guidance from the frontline to help futureproof your recruitment plans.Here are some practical steps and long-term strategies every recruiter can use to attract and retain talent
12、 in 2023.Post and pray is not enoughALWAYS BE RECRUITING4The current state of recruitingRecruiting the right people in 2023 will be difficult,say industry insiders.Doing the same things means youll struggle to survive.Companies are under pressure to continue to deliver while controlling costs.Likewi
13、se,recruiters are under pressure to secure talent but face low unemployment levels and an increasingly intense battle for talent.Recruiters can find themselves stuck in survival mode doing the same things theyve always done(and getting diminishing returns).Thats not a strategy for success.So,what ca
14、n you do?Here are 5 stats that tell the story of recruitment in 2023:of recruiters say the candidate skills gap has increased compared to 2022.of recruiters agree that candidates salary expectations have increased significantly.believe increased competition for talent will make recruiting harder.wis
15、h they had an HR partner that provides a full range of solutions.say theyll struggle to find the candidates with the skills they need in 2023.42%34%55%42%25%ALWAYS BE RECRUITING51.Retain the great talent you haveEmployee retention can be one of the most successful strategies and wisest investments a
16、 business can make.Why?Because it costs less to retain an existing employee than recruit a new one.Thankfully,the strategies to retain employees are similar to those youre already using to attract new ones.Employee retention involves more than a pat on the back and a small pay raise.You need to deve
17、lop a retention program that demonstrates that you value employees and will invest in their future.Feedback loopReferral programsSkills analysisStaying in touch means keeping control.A feedback loop creates a continuous exchange of information and ideas between employees and the organization.Give fr
18、equent,actionable employee feedback Present open opportunities across the company Demonstrate youre listening and acting to create a better place to workReferral programs,where employees are rewarded for recommending candidates,are incredibly successful.Get it right,and you can access a wealth of ta
19、lent from your network.Create a compelling referral program that rewards referrals,not just results Make rewards compelling enough to inspire action Keep employees informed of referral progressRecruiting is expensive,so first ask:Do you have the skills in-house (or could you develop them)?Understand
20、 what skills are already available internally before going externally Create a skills database Consider investing in training and development before recruitmentEmployee retention in 3 steps123ALWAYS BE RECRUITING62.Review your employer value proposition is it right for 2023?What the Future of Work S
21、urvey 2023 tells us candidates want:of candidates expect more than ever to learn about a companys diversity and inclusion efforts.of candidates expect more flexibility in when they work.of candidates are asking more about healthcare benefits.of employees used mental health benefits more in the last
22、few years.of candidates expect more flexibility in where they work.52%38%60%49%45%25%of recruiters say that demonstrating the values and culture of the company theyre hiring for will be one of their biggest challenges in the coming years.So why are only 11%of recruiters creating a new employer brand
23、ing and website?Candidates want to know more about a position than the starting salary,our 2023 Future of Work survey shows.Understanding the changing requirements of candidates is critical to developing a compelling value proposition.Is your value proposition right for 2023?ALWAYS BE RECRUITING73.E
24、ngage throughout in the job seeker journeyGeneral awarenessOffer&OnboardingPassive searchApplicationActive searchMost people dont wake up one day and decide to get a new job.Instead,they go through a process that we call the job seeker journey.We split the job seeker journey into 5 steps.Understandi
25、ng what they are,why they occur,and how you can engage with them is critical to attracting,recruiting,and retaining talent.ALWAYS BE RECRUITING8Hiring OutlookGeneral awareness Are you happy with your job?If youre anything like the rest of us,youll keep an eye on the market even if you feel comfortab
26、le and contented.Whether you want a higher salary,are searching for greater flexibility,or want that promotion,you never know when something might grab your interest.We call this stage General Awareness.It means potential candidates arent looking for a job,but theyre not closed entirely to the poten
27、tial of a new position.Get the word outStay socialAt this stage,candidates are unlikely to be actively seeking out information about your company.However,they are open to learning about great businesses doing exciting things.Top tip:apply for local and regional HR awards that demonstrate that your c
28、ompany is considered an employer of choice.Brand awareness is critical,and social media is the most effective channel for reaching those you could influence.Develop a social strategy that builds a positive perception of your brand.This isnt a social media masterclass,but your social posts should be
29、a mixture of information,sharing,and engagement.Building a personal connection means using personal stories so create employee-driven case studies and strong organizational stories to grab attention.#1#2Engagement strategies9Back to Job Seeker JourneyHiring OutlookAt this point,the candidate is open
30、 to opportunities but not actively searching.We call it passive search and its a critical time to engage.Headhunters specialize in targeting and tempting candidates who appear perfectly happy in their current role.There are several reasons why someone could be frustrated with their current position,
31、including:Limited job progress and internal career advancement Wanting to change job type or industry Personal circumstances have changed Struggling with the increasing cost of living Clash between corporate culture and personal values Whether consciously or subconsciously,the door to change is slig
32、htly open dont miss the opportunity.Engagement strategiesPassive searchReach candidates where they areEmpower networksReinforce your brandWhile candidates might be updating the resume,brushing up on their skills,and researching company reviews,they still need help seeking out your company instead of
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