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Hiring in a Candidate Driven Market

17-05-2022
Employer advice

The UK job market has altered significantly over the last few years. What was once a client-driven market, is now anything but. It is an extremely competitive marketplace for talent at the moment and this is impacting on companies within the Engineering Sector that are looking to recruit.

The unemployment rate has shrunk to the lowest it has been in 40 years according to the Office for National Statistics, and this coupled with Candidate uncertainty and lesser numbers of international candidates has resulted in the Talent Pool shrinking. Those that are looking for a new role have the pick of the crop when it comes to finding their new Engineering Job and they can afford to be choosier and wait for the Perfect position to arise before making their move.

Engineering Companies, like your own, are competing for the best talent, which means you need to think about your recruitment strategy and whether you are doing what you can to secure your Perfect Placement.

Here are our Top Tips for effective Recruitment in a Candidate Driven Market Place:

  1. Be Decisive and Act Fast!

In the current market place, you need to be fully invested in your Recruitment. Gone are the days where you can horde CVs for a few weeks and then chose who to interview at leisure. If a CV lands on your desk and they have the experience you need, don’t hang around. The chances are every other business in your local area will also have their CV and want to see them – don’t get left in the dust. Make sure you have this position signed off and if you like them (and they like you) deliver the offer as soon as possible.

  1. Look Outside The Box

The right person for your company might not always tick all the boxes on your job specification. Consider bringing people onboard that you can invest in and mould. Additional Training and Support in the short term often results in the best investment in the long term. If you are willing to invest in someone to get them on board, chances are they will then want to stick around! Finding someone with the ability to do the job and with strong values can be much more beneficial than the skills they bring with them.

  1. Look after your Current Employees

We know how much people in the Engineering industry like to talk – keep your current employees motivated and happy so they only sing your praises. The best talent keep aware of who has a good reputation in their sector, so support and develop your current team so they only sing your praises!

  1. Don’t Under Offer!

Candidates can afford to be choosy at the moment – the ball really is in their court. If you have advertised a vacancy at a certain salary or with certain benefits or development opportunities, make sure this is what is being offered. It will be a waste of both yours and the candidates time otherwise.

  1. Partner with a Specialist Engineering Recruitment Agency

In addition to following the above, the fastest and most effective way of finding talent for your Company is to enlist the assistance of a Specialist Engineering Recruitment Agency who take the time to understand both your company and the sector you operate in.

Our team at Perfect Placement can help you streamline your Recruitment process, targeting the Top Talent, whilst leaving you to do what you do best (which probably isn’t recruiting!). We work with you to find out your values, your culture and what you need from your next employee and we are just as committed to finding out about our Candidates to ensure we are matching you with your best Fit.

 

If you have an Engineering Recruitment Requirement and you want to find out how our team of Engineering Recruiters can assist you in the current market place, give our team a call today.