How to Lead Through a Global Talent Shortage

The world looks slightly different today than the one we left behind two years ago. The job market is constantly shifting, and it’s to our benefit to change with it. With the recent talent shortages across all industries, talented workers are a hot commodity with very little supply to go around. Unfortunately, this talent shortage has put most leaders in a bit of a tough spot, as it’s challenging to keep their teams on target. Business leaders need to understand and adjust to these new standards to successfully navigate the modern workforce and a candidate-driven market.

Do Not Shy Away from Offering Remote Work

The traditional professional expectation of having everybody in the office is slowly dying off as remote work is becoming more and more prevalent across multiple industries. Remote work allows your employees to enjoy a more flexible work environment. However, this is not the only benefit of opening your ranks to remote employees. There are a lot of industries out there, like Information Technology, where employers do not strictly need employees to be in the office with them. 

By offering remote positions, you widen your candidate pool to potential applicants who are not within the borders of your local area. However, if you go this route, you will need to consider occupational tax and benefits requirements wherever your newest tech-tethered employees live. Employers should take the time to learn the tax and labor laws of their home state and any states where remote employees are based.

Take Advantage of Involved Interview Procedures

Relying on resumes to evaluate your candidates is no longer as viable as it used to be. This unreliability is because the number of people willing to be fair-weather workers is steadily growing. This increase means that the best way to ensure that your workers have the skills necessary to fill your role and stick with you for the long term is to take the time to get to know them. Evaluate candidates directly, understand their motivation to work, and determine the kind of personality they have.

If you have an office culture at odds with the type of person you consider hiring, they will likely not be motivated to stick around. Therefore, figuring out if they are compatible with the environment they will be working in will secure a better chance of long-term employment.

Provide a Roadmap to Growth

Thanks to talent shortages across a multitude of industries, the professional world is more oriented toward catering to the employee than it has ever been before. With the available talent being devastatingly low, businesses must make their open positions as appealing as possible to attract limited top talent. 

Given that very few professionals are interested in careers with little job security, they want to know that they will have the opportunity to grow wherever they apply. Therefore, providing a breakdown of the opportunities for financial and professional advancement as time goes on offers them more clarity into the future of their role at your company. It makes working with your organization a more attractive prospect for professionals looking to build a career.

Work with a Recruitment Firm

Recruiting agencies can be valuable allies in your journey to staff your business. They can tailor their search parameters to the qualifications and experience you are looking for while taking some of the burdens off your shoulders. With today’s talent shortage, taking advantage of external resources with more comprehensive talent pool options allows you to find career-ready candidates more efficiently.

It is typical for recruiting agencies to handle background checks, assessments, and administrative tasks to quickly assess and verify a potential candidate’s skills without creating extra work for employers. This means you can use your time exclusively to focus on what you do best—serving your customers—while saving you and your company the extra stress of finding qualified talent in a limited job market.

If you opt to work with a recruiting firm to handle your hiring needs, it’s important to go into the partnership with open communication to see the most success. An agency’s job goes beyond just finding a candidate with the suitable skill set and experience – it’s to find someone who aligns with your company’s core values. By providing great insight into your company’s culture, you will better equip recruiters to identify the best candidates for your organization.

Take the Lead in the Hiring Race

We know that hiring for technical roles is highly competitive and that you want the best. If you are willing to give a recruitment firm a chance, our team at ITAC Solutions can help. We will take the time to understand your company’s specific needs to find the best fit for your open roles and company culture—power through today’s talent shortages by contacting our team at ITAC Solutions.