The hiring market has certainly become challenging in recent times. Whether you call it the Great Resignation, the Sansdemic, or the Great Re-Evaluation, one thing is clear: candidates hold the upper hand, and organizations are facing significant talent shortages. If you’re struggling to fill positions, you could be overlooking these effective solutions.
Let’s explore three potential solutions to combat the talent shortage that could make a big difference for your organization:
1. Tap into the Hidden Workforce
A Harvard Study Business School reveals that the “hidden workforce” comprises approximately 27 million individuals who are actively seeking work but are not currently employed. This group can be divided into three categories:
- Missing Hours: Workers currently in part-time jobs but actively seeking full-time positions.
- Missing from Work: People who have been out of work for a prolonged period but still want to return to the workforce.
- Missing from the Workforce: Those who have given up actively seeking employment but would consider a new opportunity if the right offer were presented.
While the Great Resignation has shifted dynamics, the hidden workforce is still there, waiting for the right opportunity. Tapping into this pool can help you find talented individuals who are eager to contribute, even if they’re not actively looking for a job.
2. Source Both Active and Passive Candidates
When you’re searching for talent, it’s essential to cast a wide net by sourcing both active and passive candidates. Active candidates are actively seeking a new job, while passive candidates are typically employed and not currently looking for new opportunities. Historically, recruitment professionals have favored passive candidates, believing they are more experienced and stable.
However, overlooking active candidates – especially those who have skills and experience that align with your needs – could limit your options. Actively recruiting from both pools, you ensure that you’re not missing out on valuable talent. Consider all applicants to find the best fit for your organization.
3. Update Your Applicant Tracking System (ATS)
An outdated or inefficient ATS can create significant barriers in your recruiting process. Research shows that poorly designed application processes often discourage candidates from applying. If your ATS relies too heavily on keyword filters or is difficult to navigate, it can deter potential candidates before even applying.
To improve your recruitment process, consider updating your ATS to meet today’s recruiting needs. Look for systems that allow you to evaluate candidates holistically, beyond just keyword matches. With the right technology, you can streamline the application process for candidates, ensuring you access a wide talent pool. This will generate better solutions to talent shortage.
Need Help with Recruiting?
If you’re struggling with the talent shortage and need help navigating the hiring process, Medical Talent is here for you. We specialize in providing top-tier healthcare professionals, including travel nurses and allied health specialists quickly. Let us help you find the skilled professionals you need to maintain a strong and successful team.
That’s where we come in. Contact Medical Talent to find the professionals you need at your organization.