89% of companies take more than a month to find a suitable candidate for the position, but up to 40% of the recruited staff are not really effective and it takes from one month to some years for both companies and candidates to realize that they are not really suitable for the job. The increasingly vibrant development of the Vietnamese economy has led to a large shortage of employees, especially candidates with enough knowledge and experience to take on new positions at businesses. To help companies meet today's growing human resource needs, we advise executive search recruitment department to form the basis for the company's long-term human resource development process.
Find the difference in candidate's potential: How companies can maximize resources
Vietnam's economy is growing more and more vibrant, leading to an increasing demand for personnel who can adapt and respond quickly to the development of information technology. Therefore, recruiting talents based on their development potential is playing an increasingly important role than ever. The digital era requires personnel in leading positions to constantly grasp and develop new skills, or even for senior positions, the digital age is making great impacts. Employers are investing more in training, developing talent, a sign that companies are focusing on building human resources for the future.
Nurture your own talent
Facing the boom of domestic economic activities today with the ongoing transformation process in all industries in the direction of digitization or other directions, HR require more and more new skills. Perseverance, serious attitude, creative spirit, and the ability to cope with potential problems and risks become increasingly important factors.
In addition, the willingness to learn, the great internal force to fulfill the tasks assigned with the spirit of dedication and the enthusiasm for work are the top qualities that will convince managers to recruit candidate applications based on their potential. The challenge of the new economy is recognized by employees themselves, 55% of whom said they value learning and development opportunities over salary. The approach to this salary will be the starting point to find common ground between companies and candidates.
On the other hand, the scarcity of talent has forced companies to pay a higher rate for suitable candidates. Recruiting potential personnel can help businesses solve the problem of scarcity, and solve the problems of recruitment costs arising, because when businesses access a wider source of candidates. will lead to an imbalance in supply and demand in the recruitment market.
We- Faro recruitment can offer a number of solutions for companies looking to adjust their hiring strategy to start the talent recruitment process based on the candidate's potential. Companies can start by identifying clearly what conditions are needed, which are sub-conditions, secondary-conditions, giving job descriptions that are close to reality. Thus looking for candidates' opportunities and development based on their previous work experience, and also work closely with recruiting partners, especially in the case of hiring positions which requires specific and specialized skills.
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