Tips on Acquiring talent in a Competitive Market

Comment from Susan:

The skills shortage can have a negative impact on many aspects of a business. Morale can go down as the team in place struggles to keep-up with their work load, the cost to hire goes up as each day and week passes and perhaps most importantly your ability to innovate and grow sales is impacted. I recommend that you develop a comprehensive tech talent acquisition & retention strategy. Until that is in place here are a few quick ideas on areas where you can focus to try and improve the situation.

• Review your requirements for workers and remove those you don't absolutely need

• Increase the salaries of critical positions to make them more attractive

• Be willing to train employees

• Be prepared to wait longer to get top talent

• Expand your recruiting efforts to another location, where talent is less in-demand