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What is Hiring strategy & Why is it important

What is Hiring strategy & Why is it important

What is Hiring strategy & Why is it important

5-6 minutes

Hiring strategy involves the approach that you take to recruit the most suitable candidates for the position that you are hiring for.

How many stages does the hiring process have?

Here are the various strategies for the hiring process.

  1. Identifying the hiring needs
  2. Preparing the job description
  3. Search for the candidate
  4. Interview shortlisted candidates
  5. Evaluate them and provide an employment offer
  6. Introduce them with the team and proceed with the induction process

How to Plan a Recruitment Strategy

Let''s find out how you can plan a recruitment strategy for the new recruits.

Step 1: Determine the needs

The first thing to do in this case would be to define your hiring needs. It will involve talking about the type of position you are looking to fill and what your company needs in the next year with your leaders.

You would also need to consider any gaps in the current staff and whether or not you are taking an inclusive hiring process and what those roles are that need to be filled over the next number of years.

Well, this is pretty much the first step, and here you''ll have to weigh all the good and bad results of it and be prepared for different situations. Based on them, you will review your hiring process regularly and adjust it accordingly—better do this every quarter.

Step 2: Line up Your Strategic Goals

Now, coming to the next step. You will have to align your annual recruiting plan with the strategic goals of the company. You will have to identify clearly what exactly you want to achieve within the next six months, one year, two years, and so on.

Now, with clarity on the long-term goals, you can plan and hire the right talent in advance, meaning even before the requirement has become urgent and the position needs to be filled.

Step 3: Integrate hiring across teams

Third step to coordinating the hiring requirements across different: The thing that you will have to do here is to communicate the information about your upcoming hires in management meetings so that you are able to merge them into the annual hiring plan.

If your coordination is proper, then you can assure yourself of effective cost control, the hiring of the right talent, and alignment with growth projections.

Step 4: Use a branded job template

The good thing about the job templates is that you can quickly customize them with your company''s logo and graphics and make your job openings stand out without having to spend a lot of time in creating them from scratch. So, it saves time and ensures consistency in your JD

Step 5: Define the candidate''s experience and build a talent pipeline.

What you''ll need now is an understanding of what should be the candidate experience. Create a seamless career page, application, and interview process. Instead of hiring as needed, maintain a list of potential candidates to create a pipeline.

What it''ll do is, it''ll help you in regularly communicating with them so that you keep them engaged with your company—you can do it by hosting open houses and taking ""courtship"" approach.

Step 6: Consider Internal Passive Candidates

This is very important. Sometimes you already have good candidates in your own company who either need a promotion or want to change their department. Therefore, always look within your current workforce for suitable employees. It can be super cost-effective.

Hiring Strategy Example

A hiring strategy example would be, say, an objective is to have a unified hiring approach for different departments.

Now, what you''ll do to achieve this is that you''ll facilitate regular communication between different channels viz., HR and other department managers.

You''ll make sure that the information is shared the right way for the upcoming hires.

And then, you''ll integrate department-specific hiring needs into your annual recruitment plan.

Hiring Strategy for Startups

Here are some of the best hiring strategies for startups.

  • First of all, be sure you have a purpose to hire. You don''t just hire because you got money and you need a bigger team to get the goals fulfilled,
  • Put a budget on hiring
  • Make your candidate personas and know who exactly you want on your teams
  • Have a timeline for when you want to hire candidates
  • Be sure to invest in your employer branding
  • Have an employee referral program in place
  • Post on job boards
  • Leverage social media
  • Attend meetups

Diversity and Inclusion Hiring Strategy

Have a diverse and inclusive team. This proves that you have a fair hiring process, and you can reach out to underrepresented groups and make them feel welcome in your workplace.

If you are aiming for a mix of people that brings a totally different perspective to ideas, you will make your team strong.

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