A recent article by Harvard Business Review points out a seeming contradiction in the U.S. labor market: Unemployment is high, yet many businesses are struggling to fill open positions. With European countries potentially heading down a similar path, it may be time for talent professionals around the globe to rethink their hiring strategies.
“A successful recruiting strategy,” HBR suggests, “starts with acknowledging that you won’t solve your current hiring challenges by applying the solutions of the past. This is the time to revisit your previous underlying assumptions, stress-testing them one by one.”
The article — which you can find at the top of our list below of must-read stories for talent professionals — goes on to highlight some tactics that could help ease this hiring crunch, including restructuring the typical workweek, targeting overlooked older workers, and adjusting salaries to the cost of living. The pandemic has transformed how we work and many candidates are questioning their career paths, so now may also be the time for your company to radically rethink every touchpoint of the recruiting and hiring process.
Further down our list, you can also learn more about the importance of skills training; find out what candidates really think of companies’ diversity and inclusion statements; and pick up some new reference check and interview questions.
Here are the must-read articles for this week:
1. Attracting Talent During a Worker Shortage (Harvard Business Review)
2. To Fill Millions of Open Jobs, Many Workers Need More Than Skills (The New York Times)
4. Here’s What Candidates Really Think About the Diversity Statements in Your Job Posts (LinkedIn Talent Blog)
5. The Rise of the New Well-Being Era (Chief Learning Officer)
6. 30+ Reference Check Questions to Learn More About Your Candidates (The Hire Talent)
7. Companies Push Employees to Prove They Are Vaccinated for COVID-19 (The Wall Street Journal)
9. 3 New Job Interview Questions Companies Are Asking Right Now (The Huffington Post)
10. Kill the 5-Day Workweek (The Atlantic)
This week’s must-listen podcast:
In Conversation: Managing in Extreme Uncertainty (Inside the Strategy Room)