3 Challenges In Talent Acquisition and How To Face Them

Our world is constantly changing, and nothing stays the same. Since 2020, we have personally seen how a pandemic has changed the way we do things, from working from the office to working from anywhere. And most people want to keep it that way - working from any location as long as they deliver the tasks.

In fact, if an employer cannot offer what the employee wants, they’ll risk losing them to organizations that can better accommodate their needs. Workers want more flexibility, better pay, and greater work-life balance. Nevertheless, employees and job seekers also need to understand that even now, we’re dealing with various global issues. We might still face those problems across industries - from supply chains to labor markets.  

Perhaps it’s safe to say that for the next five to 10 years, it seems businesses will face more challenges, including attracting top talents to join them. 

Talent Acquisition Vs. Recruitment

Before we discuss the challenges and how you can face them, let’s briefly get something straight. More often than not, most recruiters use the terms talent acquisition and recruitment interchangeably. Although these two terms have different definitions, they have a common goal - to hire people for an open position.

Talent acquisition, according to LinkedIn, is an overall business and HR strategy that factors in an organization’s long-term goals and acknowledges that people (or talent) can play a huge role in a company’s future successes. It’s a continuous process of ensuring the organization can scale up right. Meanwhile, recruitment is the opposite of it. It addresses the short-term solutions for the company’s needs, such as filling in open positions.

Now that we have clarified that, let’s see what challenges you in a talent acquisition team might face in the next decade. We also will see what solutions you and your team can use.

RESOURCES: Need help with that job description? Click here

The Emergence of New Technologies - Can You Keep Up?

The first thing that you’ll notice is how quickly new technologies emerge. It’s as if the moment you blink, a SaaS company announces its new product. That also means whatever that you know and have mastered becomes outdated. You have to learn about the latest product or solution all over again. 

This happens for a reason because modern challenges require modern solutions, especially when it involves the recruitment and talent acquisition strategy. The world of HR has evolved in many ways thanks to artificial intelligence (AI), machine learning (ML), and automation. For instance, you can automate the process with a single click rather than manually extracting data from the candidate’s resume or social media.

Hence, a team leader needs to be aware of new technologies that’ll increase productivity. Not only that, but you can also boost everyone’s morale as most administrative tasks are being automated. 

Since you’ll receive a considerable amount of resumes, you can let AI screen them according to the parameters that you set. So, no more spending time doing mundane jobs and more time creating connections between candidates and you.

Another advantage of including technology in your talent acquisition strategy is that it will give your business an edge against your competitors. Forbes highlights that 84% of business leaders believe that AI will allow them to obtain and sustain a competitive advantage in the future. 

As of now and perhaps in the future, more recruitment tools will be available. All you have to do is choose the right one that fits into your business and budget. 

Are You Protected Against Cybercrimes?

Thanks to cloud solutions, almost all of us can work anywhere as long as there’s an internet connection. But, with nearly everything that you can do online, it begs the question, “how can I make sure that my data is safe and secure?” Experts told CIO that combating cybercrimes is a continuous effort to improve cybersecurity. Also, your IT teams need to monitor any red flags activities with partner service providers constantly.

When you decide to invest in an applicant tracking system (ATS), you need to ensure that the platform has a certain level of security. You need to know that hackers are getting creative these days. Even with a small loophole in the security, they can get through and steal your candidates’ data. These cybercriminals will steal sensitive information and sell it on the dark web.

In fact, when choosing an ATS, data privacy should be your top priority. You need to look for a platform that is certified with data privacy tool compliance available from the beginning. For instance, Manatal’s ATS platform comes compliant with regulations like GDPR in the EU, CCPA in California, and PDPA for countries like Thailand and Singapore. 

Read more on: How to Choose the Perfect ATS for Your Company

Attracting, Developing, and Retaining Top Talents

According to a U.S. Bureau of Labor Statistics report, almost four million Americans left their jobs in July 2021 alone. There are many reasons why they decide to move on from their old organizations. With the rising cost of living and mental-health issues, employees are seeking better opportunities, including higher pay and work-life balance. When a company cannot provide those, it demotivates employees, and eventually, they resign.

So, it’s safe to say that attracting top talents is already tricky, and it’s going to be that way in the future. As mentioned above, since employees are more concerned with work-life balance and better pay packages, as an organization, you need to be seen as an entity that can cater to their needs.

Also, you need to show potential employees that they have the opportunity to advance their careers with the company. You can sign up for a website that provides online courses for them to upgrade their skills or learn new ones. From there, they can take on new challenges and move up the career ladder. 

Once you have talents with the right skills, you’ll have a talent pool large enough to fill any open positions almost immediately.

If you already have this in mind, it’s time to let them know. Use an ATS tool that allows you to post job openings to hundreds of job boards and social media platforms almost instantly. Not only that, software like Manatal’s can let you create a career portal and integrate it with your existing company website. Generally speaking, with one tool, you’ll be able to source your candidates in one place only.

Another benefit of the recruitment technology is that it can generate reports and analytics. You can use the data to get insights into your recruitment process, including the onboarding. 

Face Any Challenges With Technology

The world will keep changing, and we need to be ready for it. We can either react and do nothing or make predictions based on data and act on it. Everything that happens now will affect everything and everyone, including recruitment.

With the fast development of technology, some businesses couldn’t keep up with it. As a recruiter, other than keeping up to date with recruitment trends, you also need to be updated about recruitment technology. Technology, especially AI, has changed the HR world tremendously. AI has taken over your mundane administrative tasks so you can create connections with candidates. It ultimately creates a better experience for them.

Of course, with the advancement of technology, you must be serious about data privacy. When searching for an ATS platform, ensure that it is compliant with data protection. Candidates should be protected from the beginning of your recruitment process.

Lastly, to attract top talent, you need to understand that it’s about the employee. They seek an organization that can provide them with work-life balance and a better salary package. In addition, you need to portray your organization as a place where they can advance their career to the next level.

With these big challenges, you need a platform with features to brace through them now and in the future easily. Manatal’s ATS platform is equipped with AI to screen thousands of resumes and follow strict regulations to ensure your candidates’ data are secured. 

‍

Manatal ATS platforms have been adopted by all types of businesses globally. We invite you to sign up for a 14-day free trial to see how our solutions can help with your talent acquisition strategy. Our solution is also in-line with your budget.