Recruitment freezes cause "anarchy" and cost blow-outs
Employers that enforce hiring freezes during a downturn run the risk of anarchic recruitment systems and their costs spiralling out of control, says HR expert Steven Dahl.
Applications influx an opportunity, not a challengeDahl says that while some employers are now shutting down the recruitment pages of their websites due to overwhelming numbers of job applications, this is not the right strategy.
Instead, they should set up online systems to capture all the applications and create a "talent pool" for future recruitment needs.
"What we should be looking at doing is opening it up and getting as many applicants in as we possibly can, registering their interest for future job opportunities, and building that talent pool of five-, ten-, fifteen-thousand candidates which can be accessed for future recruitment needs.
"I can only stress too much to organisations that they don't turn their back on collecting applications during what I know is a very tough time for business. Whilst you might not be recruiting as feverishly as you were in the last 12 months, you will need to recruit replacement roles; we will come out of the recession and when we do, and you need to recruit more people, this is a great low-cost way to tap in and get access to your very own ready-made talent pool.
"Building your talent pool is going to give you a huge commercial advantage over your competitors. It's going to help you to fill roles faster, and significantly bring down your recruitment cost per hire."
Keep the pool "warm"Dahl warns that "talent pools do 'go off'" so employers must ensure they stay in touch with the database on a regular basis.
"Send notifications about what's happening in the organisation about new roles and opportunities that are coming up. You still need to communicate and engage with your talent pool to keep them interested, live and active. A good opportunity will always tempt or entice a jobseeker to take another look, so keep them warm and keep them engaged."
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