Recruiting is a competitive sport, and the challenge is to stand out in a crowded market and attract the attention of top talent. This is where Teksands, a Top Recruitment Agency in Pune, excels, in finding the right talent in this ever challenging and difficult talent marketplace Looking for reliable recruitment agency in Pune? Trust Teksands for all your talent and recruitment needs! Recruitment today is fraught with several challenges: Difficulty in Sourcing the right candidates from the Market due to difficult skill patterns and long Notice Periods Very Low sourcing to interview success ratio due to candidate quality Very Low offer to joining Ratio High Cost of Candidate Overall high cost, elapsed time and effort consumed on Recruitment Large network of candidates both online and physical makes us a top Recruitment agency in Pune For the best Recruitment Agency in Pune, Choose Teksands - Your Number One Choice! We Boast a Team of Highly Skilled Recruiters with In-Depth Knowledge
The skill gap is the difference or the gap between the skills possessed by an employee and the talent needed to fit a job role. You're mistaken if you think skill gap is a problem of only your organization. The skill gap has hampered various organizations in different sectors. In addition, the situation has worsened post-pandemic.
According to a recent survey published by CareerBuilder, the skill gap is a challenge faced by various organizations from different industries. The survey also revealed that:
· 60% of job openings in the US stay vacant for more than 12 weeks.
· The extended job openings cost around $800,000 yearly
· 20% of professional workers feel they lack the skills required to perform a certain task.
So, who is to be blamed for this rising skill gap and the increasing cost of filling the open positions in the organizations? Is the employer or HR to be blamed for this situation? Well, let’s find out.
What is the leading cause of the increasing skill gap?
There has been a lot of debate about what is causing the skill gap, and different experts have different views on the leading causes. According to a 2017 American Staffing Association Workforce Monitor Survey, which was done on 2000 adults, the complexities were highlighted with the help of the pointers mentioned below:
· 93% of survey participants said high schools and colleges need to do more to pass out skilled graduates.
· 72% of participants said that the students failed to study subjects that are largely in demand.
· 92% of participants said that employees should continuously update their skills to fit into the changing work environments.
· 92% of participants believed employers should spend more time and effort training employees and motivating them to learn new skills.
Considering the input from the survey, the experts believe both employers and employees should focus on training sessions that could help potential employees learn new skills.
But where does this training begins from? Training existing employees is one of the most efficient ways to fill the skill gap. Besides, it is also important to hire employees that are already trained and skilled to fit into a specific job role. But, how is this possible?
Well, various talent solution companies, like Teksands, provide recruitment services to help organizations pick skilled individuals. These companies organize training bootcamps where new and existing employees can get themselves registered to learn a specific skill.
Challenges of recruiting talented individuals
Recruiting a talented workforce is one of the most challenging parts of managing a company. Employers face various difficulties that include:
· Challenges in picking suitable candidates because of long notice periods and increasing skill gap
· Low Sourcing to interview success ratio because of declining candidate quality
· Challenges of converting selected individuals because of a low offer to joining rate
· High salary demands of selected candidates
· Increased cost due to unfilled open positions
Looking at these recruitment challenges, Teksands provides lateral hiring services, which help companies pick available candidates at faster joining times. Furthermore, Teksands runs a scrutiny program with the selected candidates to offer options with high-quality profiles to enable high conversion ratio.
Teksands provides a fast-paced hiring service intending to seek out the right candidates with minimum joining time. In addition, the company also focuses on taking continuous inputs to improve its sourcing services. Trust the team at Teksands and leave the recruitment stress on their shoulders. They will help you seek out candidates precisely matching your skill, talent and culture fitment.
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