There’s a lot of pressure on candidate sourcing in today’s recruiting marketplace at large.
In real estate terms, it’s a buyer’s market: there are lots of traditional jobs (listings) available and few capable, qualified, and motivated employees (buyers) to take these positions.
Individuals who are willing and able to work have lots of choices when looking for new opportunities.
In turn, employers are now forced to compete more rigorously for the attention of candidates. This drives up the cost of marketing and lead generation.
For many companies, this also means fewer candidates are entering their pipelines.
On the surface, this appears to be a detriment to the hiring process (and for some companies, it is).
However, there are some hiring managers and recruiting coordinators who seem to be “making more” of fewer candidates. Take a look at the results of this quick case study.