How can a small business compete when it comes to recruitment?

Finding that right talent is always tough, but as the job market begins to open up skilled candidates have a vast array of options and are likely to head for the bigger company names where they have bigger budgets and greater recruiting power. Smaller businesses don’t have a dedicated team of recruiters or the time to start a search.

How can the smaller company fill that skills gap whatever the industry? The Federation of Small Businesses survey in June 2014 found that almost 30% of small firms were being held back by a skills shortage, with construction and IT suffering the most.

So what can a small business do to fight back?

  • Invest in fresh young talent. It’s a bigger gene pool to select from and lower cost. Take a bottom up approach.
  • Offer a commitment to training and skills development. If the culture of the company is right they’ll stay.
  • Look at your existing team and see if anyone could be trained internally to do the job.
  • Look outside of your local area. It may even be worth considering a relocation package.
  • Review the salary package available. Add to it – consider enhancing those perks.
  • Do you really need someone full time? Maybe there is a job share option with another company who are looking for the same skill set.
  • Get out there early – look at employing high quality apprenticeships and graduates ahead of the recruitment curve.
  • Consider employing a recruitment company who can help with writing quality job descriptions and assisting with candidate applications. They will have far more resources at their disposal.
  • Use the Internet to advertise, that’s where your candidates will be looking.

What are your top tips and experiences?
If you require additional information, or some formal advice please do not hesitate to contact me on: 01494 786 000 or 07961 116 321 or email me vee@navigatebr.com

DISCLAIMER This blog / article is for information and interest only. It is not a substitute for full professional advice, which will take account of the specific and individual circumstances surrounding your matter. Navigate Business Recovery Limited cannot accept any responsibility for any loss arising as a result of any person or organisation acting or refraining from acting on any information.

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