The Battle for Talent in 2021
For most companies, recruiting talent is a year-round job. But that job is even more evident in the first quarter of a new year as organizations open up new headcount and budgets. This, coupled with the likely influx of candidates looking for exciting new roles in 2021, could make finding and hiring the right employees for your team even more difficult.
Due to the uncertainty in 2020, some employees stayed at a job due to the rollercoaster of COVID-19, while others lost their job due to down trending balance sheets. Regardless of the reason why job seekers hit the market in 2021, the potentially large talent pool won’t make it easier for recruiting teams. According to a November 2020 report from Staffing Industry Analysts (SIA), 40 percent of companies currently have open positions they can’t find qualified candidates for. When you add in new roles to fill come January, even the most seasoned recruiting expert is going to start feeling the heat.
The notion that 'time kills deals' will never be more apparent in 2021. If a hiring manager takes too long to make a decision or move to the next step, the candidate will likely be swept up by another organization willing to move faster.
"The last thing a company wants is to lose their best talent to a competitor," says Nick Roach, director of sales at Paragon. "The notion that 'time kills deals' will never be more apparent in 2021. If a hiring manager takes too long to make a decision or move to the next step, the candidate will likely be swept up by another organization willing to move faster. Good candidates have options, therefore urgency needs to be front and center.”
As we noted in our past post, Regain Confidence in Hiring, 2020 has forced most organizations to “adjust how they manage daily operations, expenses, communication and onboarding of new employees.” While most have made these necessary adjustments, 2021 will require companies to take a fresh look at recruitment strategies to ensure they are attracting top talent by communicating frequently, moving quickly and sharing optimism about the company’s future.
To help find talent – especially in a highly technical field like IT - hiring managers often look to staffing firms like ours at Paragon. And while it’s true that with today’s technology and access to tools like LinkedIn finding qualified talent can be easier, in a highly competitive market a partner like Paragon can help reduce the amount of time and energy it takes to fill the role.
Now, you may be thinking, sure a staffing partner can help us find talent more quickly, but they don’t know our culture and the right culture fit is just as important as a good technical fit. All true, but a good partner will work to understand the intricacies of your organization and be an extension of your brand.
It’s this emphasis on both the technical requirements of a role and the dynamics of the team, that has made Paragon a seamless partner for clients across industry sectors for more than 20 years.
Recruiting doesn’t have to be difficult – you just have to find the right partner. Whether you need short-term or long-term staffing help, look for a partner – not just vendor.