At our recent user’s conference – Sendouts Learn & Earn User Conference 2008 – I was able to get into some great in-depth conversation about what, if anything, concerns were on the minds of recruiting and staffing firms. One of the top concerns (aside the economy) is attracting talent to their firm and, ultimately, to their client.
1- I spend the first 10 minutes on the phone telling the prospective candidate who I am and what my company does before I am able to get to the open job. Then, I spend another 10 minutes explaining who my client is and what they do (when it’s not a brand name). Solution: Branding is important. I bet you Korn-Ferry rarely (if ever) has to explain who they are to a candidate.
2- Pricing pressures. While companies want the best talent, they are not always willing to pay for it. This means that they get “B” players and not the “A” players, who can command a salary 20% higher than what my client is being offered. Solution: Play up the benefits and company culture. Salary, though important, is not usually the first priority. Gen X is seeking career advancement and a good work-life balance. Gen Y is looking for company culture and an organization that meshes with their life style.
3- The best talent seems to come from my network of highly skilled, but passive candidates. However, passive candidates are reluctant to open up their network. Solution: Be patient. You have to continue making a connection with your own network and reach out periodically (and not just when you need another candidate). “Reward” the person who refers a superb “A” player by sending a box of chocolates, a Starbucks gift certificate or taking them out to coffee. If the referral is placed, then take the referee out to a nice lunch or dinner. This will ensure that more candidates come your way.