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  • Andy is the owner of Sirona Consulting,and helps & advises companies about recruitment strategy, processes, methods and how to use social media as recruiting tools. NEED SOME HELP? Email Me

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« People Talent Magnets | Main | Could this approach to passive candidates work? »

March 31, 2008

Stepstone's Total Talent Report - Something doesn't ring true here!

Just looking throught the Stepstone Total Talent Report 2008, and there seems to be some very strange stats used that don't seem to make sense - it's Talent Management gone mad!! The answers shown to this question go against everything that the recruitment marketplace is telling companies what they need to do to recruit people!! They pose the question, "Which steps has your organisation undertaken in the past to overcome recruitment difficulties, and which would it consider undertaking in the future?"

The answer responses are in the relevant colours    Have undertaken in past | Would undertake in future

Provide additional training so that positions can be filled by internal candidates 46% | 36%   Down 10%

Improve benefits package  47% | 33% Down 14%

Offer higher starting salaries 54% | 24% Down 30%

Offer relocation packages 42%  | 23% Down 19%

Flexible place of work 40% | 31% Down 9%

Select candidates who don’t fulfil all criteria then provide training 37% | 30% Down 7%

Flexible working hours 46%  | 28% Down 18%

Consider older and semi-retired workers  26% | 33% UP 9%

Increased use of outsourcing  33%  | 33% Same

Provide financial incentives for staff to recommend candidates  36%  | 29%  Down 7%

Reorganise teams to reduce need for recruitment  41%  | 34%  Down 7%

Investing in recruitment management software  22% | 31%  UP 9%

Advertise positions overseas 25%  | 31%  UP 6%

Developing company-branded Internet recruitment portal  37%  | 31% Down 6%

What doesn't make sense to me is that every single point (except 3) the companies questioned saying that they will be much less innovative when it comes to recruitment. The most surprising is that with this supposed global talent shortage, the one perennial way of attracting staff - higher salaries and increased benefits packages - will be significantly reduced by many companies as they try and recruit staff. Can that really be right? As a recruiter I absolutely beg to differ on this - higher salaries  and benefits packages are still crucial to enticing people to accept jobs, especially when there is such a demand for talent!!!

I am just not sure what these surveys are supposed to show? If companies read and believe this information, then are they going to forsake all the tried and tested ways of recruiting staff? So according to Stepstone's results the three ways for 2008/2009 that companies plan to be more successful in recruitment are:

  • Recruiting older / semi - retired workers
  • Investing in new recruitment software (that IS a good idea!)
  • Recruiting overseas for staff

Sounds like the perfect answer to me ......not!!

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