Using Your Budget Wisely For Recruiting In A Bad Economy

Written By Chouhab on mercredi 17 décembre 2008 | 19:23

By Cade Krueger

So much money has been wasted on sourcing job candidates by large corporations that have not understood intelligent ways to retain these candidates. In a rough market you need to be very smart with how you use your money and it will pay off with your nurturing campaign.

So much of your struggle begins with poor interviews, weak recruiters, long application process and bad job board ads. This happens often because skill sets are not retooled and there isn't enough educating.

One of the least effective ways to spend money is to put it into job boards where ideal candidates are not searching. If they do go there it is a last ditch effort and you will find very few people that are ideal on those general sites.

It isn't often the person with the best resume is the ideal candidate, because to be honest most of the successful people are not used to updating a resume. They are too sought after that their resume quality is not that important. A lot of the active candidates that can't find jobs usually don't have the skills to warrant being interviewed.

Most of the job boards are starting to lose traffic because people are realizing that it isn't an ideal source for targeted job candidates. Monster and Career Builder had 1% of the job search traffic and now it is less than .2%.

If you are smart then you will start using niche sites or social networks to get to your job candidates. It gives you a great way to interact with ideal candidates before competing recruiters find your people.

People want to find trustworthy sources because they are not satisfied with their job and that is why employee referral programs work so well. Something you should do is use your employees to interact well with contacts and constantly remind them of job opportunities with their company.

One of the best tools you can use is TalentSeekr by EnticeLabs to get a good connection to candidates in their ideal sites. On top of that it will be at a tenth of the cost of job boards with 5 times the reach.

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