How to Improve Quality of Hire by Using Supply vs. Demand Analysis
In a talent scarcity situation, once the demand for talent exceeds the supply, you would like to use an “attract the best” sourcing and recruiting method . This is often delineate by the left facet of the provision vs. demand curve displayed within the graphic. Under these circumstances it’s necessary to acknowledge that the candidate at the start has the whip hand. This may solely amendment if the duty being offered represents a real career move. Achieving this needs a far higher job, a slower, high-touch recruiting method and a totally engaged hiring manager. whereas it takes a lot of effort, once enforced properly this method will not solely improve quality of rent however additionally cut back value and time to fill. In a talent surplus scenario once the provision of candidates exceeds the demand – the correct aspect of the graphic – most firms use a “weed out the weak” method. this can be a extremely multinational method that involves box-checking skills, filtering candidat