How to Determine Compensation and Maintain a Competitive Pay Structure

Determining compensation for roles within your company can be challenging.  Depending on the availability of talent, skill set required, industry competition and changing workplace dynamics, remaining competitive can seem anywhere from difficult to nearly impossible.  Recognizing this, I’ve put together a list of ideas you can use to remain competitive for top talent without engaging in an endless stream of bidding wars.

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Recognizing the Right Candidate

Identifying the right candidate isn’t always easy when recruiting.  Especially when it seems there are too few OR too many candidates to consider for a critical position in your company.  We often feel doubt when the candidate pool is thin and option anxiety can occur with too many candidates.  So how do you recognize the right candidate?

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Often Overlooked Recruiting Strategies

In today’s connected world, it’s easy to fall into the trap of recruiting reactively and overlook certain effective recruiting practices.  Let’s face it.  Sometimes it just seems we are investing too much time with the wrong candidates.  I’ve put together a list of often overlooked strategies that can help you recruit more effectively and efficiently.  Don’t forget to make these ideas part of your normal recruiting practice.

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How to Stand Out as a Job Seeker

Since the start of the pandemic, the unemployment rate has spiked and fallen, but there are still more candidates competing for fewer jobs (source).  It has become extremely important to stand out as a job seeker to improve your chances at landing the job you want.  Here are some tips a person can use to gain the attention of prospective employers.  If you are in the midst of a job search, consider these 6 items to improve your odds.

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Advantages of Using a Retained Search Firm

What are the advantages of using a retained search firm?  Should you use one?  Many people have asked me why a company should use a retained search firm when they can outsource a search to multiple recruiters without retaining (this is called contingency or contingent recruiting).  It’s a fair question and, being transparent, it is the most challenging aspect of selling retained search services.  There are significant advantages to using a retained search firm.  They may not be obvious, so I’ve detailed these benefits to make it easier to decide if a retained search is right for you.

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Get More Referrals

Networking and getting referrals are two of the most important skill sets for a successful recruiter to have.  Gaining referrals is the lifeblood of recruiting and requires the right mindset.  Early in my career I realized I needed to alter my attitude and habits to be more successful at obtaining referrals.  Here are a some changes I made that may help you network and find that elusive candidate for that critical opening.

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How to Write Better Job Postings

There’s a way to write better job postings to increase the likelihood you’ll receive more applicants.  Have you ever wondered why more candidates haven’t applied to your job posting?  Perhaps your posting reads like a book or instruction manual, with long lists of responsibilities, requirements, or qualifications.  When you read it, do you think it would entice you to apply?

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Tips for Performing Reference Checks

All too often, companies and hiring managers are enamored with a candidate based on a resume and an interview but breeze through reference checks as a formality.  Checking references is a critical part of the hiring process that shouldn’t be glossed over and it’s more than just checking boxes.

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6 Ways to Improve Your Employer Brand

In the age of digital and social media, making efforts to improve employer brand have become an important endeavor.  What people think of your company’s culture significantly impacts your ability to attract and retain a quality workforce.  Candidates have a wealth of information at their fingertips and more than ever before they are searching the web to learn about prospective employers before accepting a new position.  Studies have shown that a strong employer brand can also improve retention by 28% (source)

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The Pitfalls of Accepting a Counteroffer

So, you’ve received a good new job offer.  Sure, you’re a bit nervous, but also excited.  After much thought, you decide to take the offer and turn in your resignation.  Then your current employer surprises you and makes a counteroffer.  Should you take it or even consider it?  It’s a difficult decision that many of us have had to face and the correct answer isn’t so clear-cut.  There is a lot to consider with regards to counteroffers but, with the proper thought process, you should be able to recognize the pitfalls and make a wise decision.

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