Talent Acquisition: New Strategies for Success

As recent surveys have again confirmed, the war for talent shows no signs of abating and is actually hotting up. Reasons vary, but, as always, come down to the same thing: too few qualified candidates to fill the growing number of specialized jobs. So what’s a company to do? More than it’s done in the past if it wants to beat the odds. To attract and retain top employees, it must go beyond the obvious (like paying as much or more than competitors) and adopt some new and novel approaches. These include simplifying the application process, better incenting employees for referrals, and rethinking a number of traditional hiring practices.