Using Your Budget Wisely For Recruiting In A Bad Economy

By Cade Krueger

So much money has been wasted on sourcing job candidates by large corporations that have not understood intelligent ways to retain these candidates. In a rough market you need to be very smart with how you use your money and it will pay off with your nurturing campaign.

The holes in the funding starts by having sad interviews, skill-less recruiters, tedious application process and boring job board ads. This is the result of not using fundamentals with recruiting and can cause millions of dollars being wasted.

Job boards are becoming less and less of an avenue to reach clients. People are realizing that ideal candidates come from proactively searching for people interested in leaving their current careers.

You will find out that the best resumes don't mean the best candidates. You have to know your ideal candidate and realize that they are getting targeted usually from day one that they are interested.

Most of the job boards are starting to lose traffic because people are realizing that it isn't an ideal source for targeted job candidates. Monster and Career Builder had 1% of the job search traffic and now it is less than .2%.

If you are smart then you will start using niche sites or social networks to get to your job candidates. It gives you a great way to interact with ideal candidates before competing recruiters find your people.

Job candidates are looking for people that they can trust and that is why they go to trusted professionals first or recruiters that they know from past experiences. That is why you see employee referral programs work so well.

A very wise tool to use is the TalentSeekr by EnticeLabs to get a good connection to candidates in their nice sites. In a bad economy it is a smart decision being that it is a tenth of the cost of job boards with 5 times the reach of the same job boards. - 18099

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