Alternatives To Traditional Hiring
Attracting and retaining top talent for a company is not an easy task, and it’s becoming more and more challenging. Nowadays, there can be many candidates for one position, and…
Attracting and retaining top talent for a company is not an easy task, and it’s becoming more and more challenging. Nowadays, there can be many candidates for one position, and none is the right fit for your company!
And why is the pursuit of the right talent so crucial to a company? A good hire helps the organization’s revenue and growth, helps create a good company culture, and attracts more top talent, so you should always keep in mind that a bad hire can be expensive and waste valuable time by having to start from scratch in a new search.
Hiring the right talent demands a great strategic effort from the company to design the right path for the candidate that truly fits the company. It’s no secret that the traditional hiring process based on a resume, cover letter, and interview is becoming obsolete for many companies that need agile and effective processes. Therefore, alternatives to traditional hiring are becoming increasingly popular, and businesses are taking advantage of them. So, let’s see some innovative and popular methods to recruit talent.
GAMIFICATION
Gamification, in HR, means using game mechanics and design elements in non-game contexts, such as recruitment and hiring. By incorporating elements like competition, achievement, and rewards, employers can create a more engaging and interactive process to attract top talent based on their skills.
But does this mean using a game as a way to hire professionals? Yes, instead of asking candidates to send their curriculum, cover letter and answer a long questionnaire, you can ask them to play a game, and this has several advantages:
- You can evaluate people who are inexperienced but have high potential.
- You can assess candidates with diverse experience.
- Companies ensure that they have enough background on their candidates and their skills.
Different dynamics can be incorporated into the hiring process, such as a quiz or a challenge, and some companies also use platform games and online puzzles. One of the most recognized companies offering this type of service to other corporations is Benchmark.games, which created games like Curiosity, a Pathfinder Logic Challenge where the candidate will face unexpected challenges for 15 minutes.
BEHAVIORAL ANALYTICS
Tracking daily behavior generates tons of data that can be leveraged for multiple things – so much so that some companies use algorithms to produce diagnostics. One advantage of using behavioral analytics is that it entitles a more objective and data-driven approach to hiring. By analyzing a candidate’s behavior patterns, organizations can identify potential red flags or areas of concern that may not be apparent through traditional methods. It can help reduce the risk of hiring the wrong person for a role.
Another benefit of using behavioral analytics is that it can help organizations identify candidates who may not have the traditional qualifications or experience for a role but possess the necessary behavioral traits and skills to succeed. This can lead to more diverse and inclusive hiring practices and enable organizations to tap into a wider pool of talents.
USE DATA
Using data to monitor, understand, and improve the hiring process is extremely useful. This may not be a selection method, but it is crucial to know what is happening in the hiring funnel to analyze the data collected and thus make quick and concise decisions. If afterward, you feel that you are not clear on how this process works in your company, it is time to get organized to improve the efficiency of the hiring process.
COLLABORATIVE HIRING
Collaborative hiring involves the participation and collaboration of multiple individuals within an organization to make hiring decisions. This approach emphasizes the importance of teamwork, diversity of perspectives, and a more inclusive hiring process. With this model, there is a close collaboration between the HR teams and other departments, as they will work closely with the selected candidate.
In a collaborative hiring process, different stakeholders are involved throughout the stages of the hiring process, including the job description design, resume screening, candidate interviews, and candidate evaluation.
Collaborative hiring can have several advantages:
- Improved candidate assessment.
- Increased diversity and inclusion.
- Enhanced employee engagement.
LEVERAGE THE GIG ECONOMY
Hiring independent talents is a growing trend becoming popular due to the employment flexibility that companies are needing and the growing amount of talents deciding to work independently.
But when should your company leverage the gig economy? Maybe you need a person with specific knowledge for a short-term project, but also, you need it as fast as possible, so this is where independent professionals jump in!
At BlueQuo we work closely with organizations seeking the best talents to support their growth, which is becoming more challenging, especially for hyper-growing companies needing to hire rapidly top talent under a flexible work agreement. In this case, where agility is crucial, at BlueQuo we offer companies an efficient and agile methodology through which we identify the needs of the business and rapidly find the talent that best fits the company. Through our extensive pool of C-level executives, we’re capable of ensuring agility for hyper-growing companies searching for top talents to guide and support their growth.
If you are looking for high-performing talent to help you drive your company’s growth, or you need advice to define what kind of roles you need to incorporate into your team, contact our team and schedule a call to learn how BlueQuo can help you drive your business forward.
Lastly, in today’s rapidly changing job market, the traditional hiring process may not always be the most effective or efficient method for identifying and attracting top talent. Fortunately, with alternatives to traditional hiring, your company can find and hire the best candidates to fulfill their needs.
