When you can’t find the talent you need, that can place some severe limitations on the operational capabilities and growth potential of your business.
Difficulties in hiring the right staff was the second biggest concern for business owners in the recent Small Business Conditions Survey 2024 from the Australian Chamber of Commerce & Industry (ACCI). 57% of respondents said that a lack of skills and worker shortages are a significant issue for their business.
So, how do you overcome this talent shortage and find the people you need?
How to find the talent your business needs to grow.
Bringing a stable pipeline of talented people in the business is crucial for your success. But in the current climate that’s not easy. Here are five tips for finding the talent you need and filling the important roles in your company structure:
Upskill your existing employees.
Instead of hiring externally, think about investing in training programs to provide upskilling opportunities for your current employees. Pairing experienced employees with newer team members can help to promote knowledge sharing, skill development and mentorship for your ambitious employees.
Make good use of technology and automation.
Where possible, use technology to automate repetitive, menial tasks. This gets the low-level work done while freeing up your employees’ time to concentrate on high-level strategic work. Tech can also allow your team to work remotely, from other locations, opening up your talent pool.
Rethink your hiring strategy.
Focus on skills, not experience, when looking for new talent. Look for candidates with the necessary skill set and think about hiring non-traditional candidates from diverse backgrounds, including recent graduates, retirees, people with disabilities and those that challenge your current demographics.
Offer competitive benefits and salaries.
Employees have high expectations. So, it’s important to offer flexible working arrangements, options for remote/hybrid working and a benefits package that meets their needs. Employee perks like health insurance cover, enhanced contributions to super plans and professional development opportunities make a big difference when potential employees are sizing you up as an employer.
Create an attractive brand as an employer.
Having a positive, ambitious and transparent company culture can help you attract similarly minded talent. Walk it like you talk it and recognise and reward employees for their contributions, hard work and new ideas. A strong online, social media and marketing presence is also vital to showcase why your company is different and the value you offer to staff.
Talk to us about reviewing your talent strategy.
If you’re struggling to source the best talent, it might be time for a review of your talent strategy. Talk to our team about ways to revitalise your hiring strategy and fill those empty roles.
