Thinking/Perspectives
No Recruiters, Please.
Don't default to outside search. Five parts of a hiring system your team can run to lower talent acquisition costs.
Thanks to inconsistent results and soaring commissions, let's just say third-party recruiters and business leaders are frenemies.
The motivation behind our "no recruiters" manifesto is not to dismiss recruiters completely. We're here to recommend five strategies to help companies consistently attract high-quality talent without defaulting to outside recruiting. This "zero recruiting" system tends to be a more sustainable and cost-effective alternative for growing organizations.
Each of the five building blocks for a "zero recruiting" organization pulls its own weight to reduce talent acquisition costs. Together, they can help realize $100,000s in long-term savings. Achieving "zero recruiting" status requires coordination and long-term investment. But every little bit helps, and any organization can start right away.
01/Take your time with job descriptions
Job descriptions are a snooze to write and aren't exactly a thrill to read either. But a job description's ability to go deep and set clear, granular expectations for a winning candidate is its superpower. A good job description can help both candidates and hiring managers ensure the right individuals land the right roles the first time (and happily stay there). A job description should be able to clearly answer several key questions:
- What does this role require? How will we tell if someone's experience is relevant?
- What does success look like for this role? How will we know if someone is doing a good job?
- How will responsibilities in this role grow? What will this role equip someone to do next?
- Where does this job end and someone else's begin?
Note: A job description is different from a job posting. A job description lays out the nuts and bolts of a role, and a job posting is a marketing vehicle for that role. Think of it this way: a job description is like the assembly instructions for a chair. It's technical and rote. Meanwhile, a job posting is like a styled picture of the final, shining article. The description tells readers how to build the chair; the posting sells the chair. Of course, we've all seen great ads for things that don't live up to the hype. "Selling" an opportunity on the team that hasn't been carefully developed via a job description is like offering someone a seat on a two-legged stool. Good luck using that trick twice.
Here are a few topics to explore that can help you go deeper on strategy #1:
- Job Descriptions vs. Job Postings
- Workforce Planning
- Employee Life Cycle
- Career Pathing
02/Post your jobs deep and wide
There's a common misconception that job postings deliver inferior candidates compared to candidates "sourced" by a recruiter. Yet in a side-by-side analysis, candidates who apply to jobs themselves get the job about as often as candidates sourced by recruiters. If this is a competition, we'd have to call it a tie.
In a zero recruiting environment, it's essential to master the advantages of job boards. The truth is, they do turn up excellent candidates and tend to do so more quickly than prospecting candidates one at a time.
Here are a few topics to explore that can help you go deeper on strategy #2:
- Talent Pipelines
- Specialized Job Boards
- Job Post Syndication
- Internal Referrals
03/Respect your talent's worth
We all work to get paid. Lowballing talent is the fastest way to ensure nobody applies for your job. And zero applications are a serious threat to a "zero recruiting" organization. Before advertising a role, it's important to benchmark the salary you're offering against the current labor market and average cost of living.
However, if you're struggling to match or beat current market salaries, take heart. The so-called "war for talent" is not always won by the company offering the highest salary. Leaders who can offer salaries and raises in the ballpark of their competitors have other ways to make up the difference and let their talent know, "I see you, and I appreciate you." Even when there isn't more capital available, there's a lot you can do to maximize your employees' sense of wellbeing and reward their contributions to your organization.
Here are a few topics to explore that can help you go deeper on strategy #3:
- Fair Pay & Salary Transparency
- Benefits & Perks
- Company Culture
The so-called "war for talent" is not always won by the company offering the highest salary.
04/Become what employees want
It's no secret that when you're seeking talent, you're competing with other prospective employers. In the past, competitive pressure has led business leaders to provide superficial, headline-grabbing perks. These can be fun and helpful (like paid lunches, free snacks, in-office massages, and happy hours), but they don't materially impact an employee's sense of financial or mental wellbeing. In fact, some perks can have the opposite effect, keeping employees at the office working harder and longer.
Nowadays, surveys indicate that the most alluring packages to a prospective employee offer protections for physical and mental health. Perks like flexible work hours or location, and benefits that genuinely support individual wellness and balance, can help you win talent away from competitors.
Here are a few topics to explore that can help you go deeper on strategy #4:
- Healthcare Insurance and/or Stipends
- Workplace Mental Health Policies
- Paid Leave Policies
- Hybrid Workplace
- Recognition Programs
- Professional Development & Mentorship Programs
05/Keep tabs on who you already know
Every hiring process leaves more candidates out than it welcomes in. It's common during every hiring process to discover someone interesting, but not a fit for this role. Don't lose those folks. Keep their information. Save their resume. They can change the next search. At the very least, starting with the best candidates you saw from a previous hiring process can save time and talent acquisition budget.
Here are a few topics to explore that can help you go deeper on strategy #5:
- Applicant Tracking Systems
- Candidate Life Cycle
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