How Can You Adapt to Ever-Evolving Business Needs with Staffing Strategies?
With the number of businesses increasing across every sector worldwide, the demand for a high-quality workforce to meet business needs is ever-increasing.
Add to this a market scenario where employee retention is dwindling. Businesses must find innovative ways to hire the best talent and ensure business agility in a digital age.
Staffing strategies have therefore been a subject of constant discussion across businesses worldwide, but not every business manages to get them right. Only those that do manage to hire the best talent that helps them far exceed the goals there set out for their organizations in the long term.
In this guide, we will take you through the best strategic staffing solutions you can consider to attract the cream of the crop in a competitive marketplace.
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The Best Staffing Strategies For Your Business In 2023
A simple online search about the best staffing strategies will show you plenty of websites with list upon list of the best strategies. However, not all of these are ideal.
In this section, we take you through five of the most effective staffing strategies that are sure to bridge the gap between your business’s goals and the talent it needs to achieve them.
Also Read: Top 5 Staffing Solutions for Efficient Hiring in 2023
1. Capitalize on Employee Referrals
The very first strategy that can help in meeting demands in a competitive marketplace is to capitalize on employee referrals.
The people working within your organization have all the information about how it functions, its goals, the company culture, and much more. This makes them the ideal resource to tap into if you’re looking for some fresh blood at the workplace.
Several organizations today have implemented an employee referral system that offers existing employees some form of compensation, ideally monetary, should they recommend an individual who the company then decides to hire.
However, there are still those that don’t have such a system in place and are missing out on candidates who already have a prior understanding of your organization’s needs and goals.
According to recent statistics, employee referrals account for anywhere between 30-50% of all new hires. This goes to show the power of employee referrals, especially in a market where there is no dearth of talent.
While staffing services, for example, are also a credible source of hiring good talent, employee referrals tend to be cheaper overall.
2. Use Success Stories to Attract a Motivated Workforce
Businesses often tend to mention claims about how they go above and beyond in meeting their client’s expectations and making a mark in their respective sectors. However, these claims often lack proof, which can be the difference between an organization that’s shortlisted or dismissed by an applicant.
A business that includes proof in the form of success stories and statistics about how their work contributed to their client’s growth or that of their industry, in general, is more likely to attract a motivated candidate.
This is because employees are increasingly looking for work that stimulates them and makes them feel like they’re a part of something meaningful. As a result, a business that’s likely to include proof of how its services have had a meaningful impact is more likely to receive applications from high-quality talent.
3. Consider Bench Planning as a Viable Growth Strategy
GenZ and millennial employees, as mentioned earlier, have changed the trends that dominated the working class in the past. They are likelier to prefer work that offers a good work-life balance, upward mobility, and fulfilling and meaningful work.
This is why businesses must consider bench planning as a viable strategy during their growth phase. Bench planning refers to a structure of promotions that relies on looking within the organization to fill in vacancies at senior positions.
However, statistics show that only 35% of organizations have a concrete bench or succession planning procedure in place. This goes to show how underutilized bench planning is when it comes to filling in critical roles.
Be it the head of a department, or any such senior position, an organization that’s more likely to fill this role internally rather than hire someone new will instill greater confidence in their existing employees and those who are looking to join it.
This is because employees are more likely to be confident that their efforts will be rewarded with appropriate promotions whenever applicable, thereby motivating them to deliver their best in terms of the quality of their work.
Additionally, for any organization that’s looking to hire candidates for the long term, hiring an agency that offers complete staffing services can be beneficial.
4. Optimize Your Job Postings
The last, but also among the most important strategies, is to optimize your job postings and make them as detailed as you can. Gone are the days when businesses could settle for simply listing vacancies on their websites and getting away with it.
Today, your business won’t get discovered if your Careers page doesn’t reach the right people.
For instance, given that most job searches begin on Google, Google’s Job Search tool can be a great way to get your postings noticed by the best talent.
Additionally, you could also edit the HTML code of your job descriptions to Google knows that it is a job posting when it crawls your page. Lastly, ensuring aspects like a 2-3% keyword density, refreshing job posts every 30 days or so, and including bulleted lists can make a considerable difference.
Other strategies include targeting the right set of keywords to ensure your job postings rank as high as possible on Google. Yes, keyword research isn’t just essential for blog posts and landing pages but also job postings.
However, if all this sounds like a lot to do internally, you could also rely on third-party staffing solutions to connect you to the right candidates for specific roles.
These agencies offer recruitment solutions based on your specific needs and match them with the various profiles in their database to match you with the best candidates for your organization.
Also Read: Why Staffing Solutions are Crucial for Business Excellence?
Wrapping Up
Hiring the right candidates for your organization is a time-consuming process that consists of various elements. Be it optimizing your job postings or implementing an employee referral program, ensuring diverse staffing of high quality requires work.
However, this can often be challenging for smaller organizations that don’t have the resources to carry out the hiring process themselves. This is where comprehensive staffing solutions or a staffing company can play a key role by matching organizations to the right candidates based on their requirements and portfolios.
Agile staffing solutions also help organizations save precious time they can spend on other crucial operations.
Once you hire the right candidates, they also need to be trained to ensure they can take on their roles with all the information they need. With Hurix’s Training Solutions, organizations can offer their employees the most intuitive and user-friendly training solutions to give them the tools they need to achieve their goals. Reach out to us today to find out more!
Gokulnath B is the Associate Vice President – Editorial Services. He is PMP, CSM, and CPACC certified and has 20+ years of experience in Project Management, Delivery Management, and managing the Offshore Development Centre (ODC).