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What is the most cost effective job recruitment strategy today?
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Brad - I am familiar with a very reasonable and effective recruiting software that can help you out! Check out www.peoplewisesoftware.com. I know that he provides free demos and can tell you it is well worth it!
Nuts as this sounds - but worth a shot - if you have an 'amicable, working relationship' with a few of your competitors.
They might have recently been seeking a similiar position or the same position. Do a 'lead swap'. A person who might not fit in with their company culture, but is qualified, might fit in better with yours - or your standards might be different vs theirs (you see someone as trainable and are willing and have the resources to train, vs the other company that just wants the person fully qualified to do the job perfectly day 1) Things like that.
This isn't showing a sign of weakness - but helping your industry and helping those that need a job. There could be the perfect person's resume sitting in a pile on a manager's desk that he will never call -but could be perfect for you - and maybe for some reason, that candidate isn't aware you are hiring or isn't aware even of your company, or is just being patient to wait for that company to call. That company might not have such a pressing need as you do - so maybe they won't be sifting through those resumes for another 2 weeks, but you need someone more immediate. You get the idea.
Again - worth a shot. It's a free phone call, or maybe a short lunch 'talk over' to discuss this ongoing arrangement. You guys can 'compete' in other ways.
Jaxi :)
Looking at the jobs advertised on your website, they are not extremely technical or niche that you should have a difficult time finding qualified candidates.
My suggestion would be the #hirefriday hashtag. HRMargo started this trend with twitter and has amassed a huge following among established HR professionals, recruiters, and as a result, good candidates. Get the right people to retweet your jobs and you will get both traffic to your website, and hopefully good applicants.
jobshouts and a few other sites offer referral fee services, but I would reserve those for tougher positions.
I've had much success this year with (1) my referral network and (2) LinkedIn.
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Brad,
Recruitment, lets face it, is a very simple game. It was done before computers/fax machines existed. As I am sure you have heard before:
"All you need is a pen & paper and a phone!"
On the social networking side LinkedIn is one of the best out there. You can pretty much get around every constraint it has with a quick search on Google or by tapping the reference search button.
Building up LinkedIn and developing a strong network in your business area will make it easy to headhunt any candidate. Just remember to ask everyone you speak to, do you mind if I add you on LinkedIn?
I have used the Linkedin website for adds before. To be honest I did not get a great return on my investment. I tried placing five positions online and got a few replies none got the job.
Job adverts are a waste of time in my eye, if someone is out there looking for a job and he applies to your job, I am sure there are hundreds of other jobs, with other agencies, or other companies they have already applied to. So it comes down to who put the job online first, or who got in the office to see the advert first. It may be worth putting one up to attract new candidates to your database which you can talk to for lead generation but for actually placing them short term. Pretty wasteful, use the free sites.
I could go into a long spiel about how your reputation is worth more than anything, but that will come long term. Short term, pick up the phone, network and use LinkedIn to find those people you want to talk to.
On a final parting note. If you want to get your name out in a niche area, I would advise finding out the forums your chosen market uses and getting involved in discussions on there. I talk on a lot of Risk forums and get a lot of good contacts at varying levels from the forum. All free of charge.