5 Reasons You May Be Losing Great Hires

 

1. Slow Hiring Practices

With a 4.7% unemployment rate in Maine, the high-quality candidates that are currently in the market, will not be there for long! If you have a great candidate in front of you there is no time to delay. Every day that a formal offer is not made is another day that your perfect candidate is applying to your competitors. Be prepared to take immediate action and seal the deal!

4. Complicated Systems

According to a recent CareerBuilder study, 60% of candidates have begun an online application only to quit before it was completed due to it being long and complex. While you could assume that this is weeding out those who are less than committed to the job, think about this: When are you most likely to give up on and application? When you know you are in-demand or, when you are desperate?

 

 

2. Compensation Challenges

While pay is only one part of the equation, it is certainly a big one. With the cost of living continually on the rise, and the public debate around living wages heating up, there is no better time than now to take a deeper look at your compensation. There are a variety of resources out there to help you determine if your compensation package is competitive.

5. Limited Exposure

With more than 40,000 businesses in Maine, it is impossible for one to know about every business out there, and specifically when they are hiring. Sure, you can place an advertisement up on a job board easily enough - but are the right people looking at it? And, more importantly, can they find your advertisement in the sea of other postings? What other methods are your using to get the word out?

 

 

3. Uncompromising Expectations

When unemployment was at record highs, employers were able to be more selective with their applicant pools. That lead to increased demands in experience levels and education requirements. With the active talent pool shrinking, now is the time to review what it takes to be successful in your open positions and make reasonable compromises. 

 

 

 

 

Don't Miss The Hiring Train!

Where recruitment and hiring is one small piece of your business, for Manpower Maine it is our business! Our team members are poised to help you take your hiring to the next level and to help make sure you never miss another great hire!

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Download the PDF