Those of us in Recruiting know that is far from the case. In fact, recruiting today is far more challenging than it has ever been. CLC Recruiting research reveals several factors that are making acquiring quality talent especially challenging today:
- Uncertain requisitions: Most recruiters report they work on requisitions with changing job requirements.
- More with less: Not only are most Recruiting organizations facing flat or declining budgets and higher workloads, today’s recruiters are working with more business units and hiring managers.
- More noise in the system: Application volume has more than doubled since 2007, which wouldn’t be such a problem except over 80% of recruiters report few than half of applicants meet even basic qualifications.
- Fragmenting labor markets: Variability within and across candidate segments has increased considerably over the last two years, placing a premium on segment-specific labor market expertise.
- Risk-averse passive talent: The percentage of the employed labor force that is actively searching for a job has decreased from 45% to 25% since 2006.
The global economy has changed drastically, and so has the recruiting environment. CLC Recruiting members, learn more about these challenges in our upcoming webinar Navigating Recruiting’s New Realities. Does your Recruiting team have the skills to operate effectively in the new world?