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6 Tips for Employers to Win the War for Talent: DT Thought Leadership Featured on Huffington Post

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Decision Toolbox shares 6 Tips for Employers to Win the War for Talent on the Huffington Post.

Excerpt from the article:

Seeing an uptick in candidates with multiple offers? You’re not alone and it’s not surprising. The demand for talent is expanding right along with the economy. You might feel like your hair is on fire, but keeping a cool head is more important than ever. I’ve been sharing best practices for recruiters and for candidates in this series, and here is some advice for employers.

Move smart, but move quickly

If you’ve found a great candidate, don’t play the hold-out game. Don’t let the competition snatch your golden egg while you wait for a second one. Dragging your feet also can color a candidate’s perception, making you seem indecisive — is this an indication of how long it takes to get things done in your company?

Get engaged

Be intentional about engaging candidates before the close or before a new hire’s start date. The more you involve a prospect or hire, the more they will feel married to the position and your company. Invite a top prospect to lunch, or to an internal celebration or holiday party.

Many talk about “candidate control” during this period, but “candidate engagement” may be a better term. We never really “control” candidates, according to Decision Toolbox Recruitment Partner Craig Venable. “The best way I have found to stay ‘in control’ of candidates is constant communication.” Reach out regularly, even if you don’t have new information. It lets candidates know that you are still interested.

Don’t play games

If you know what a candidate is worth, what the market is paying, and what the candidate is asking for, you have all you need to make a fair offer. Lowballing the offer will just put a sour taste in everyone’s mouth. The Peter Prospect may conclude that you aren’t really serious, or that you don’t value what he brings to the table. You might win the negotiation but then lose the candidate.

Check out the full article here on Huffington Post.

 

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