Technology Recruitment: How to Acquire Top Talent
Across the board, companies have been complaining about labour shortages during the pandemic. However, technology recruitment has been a challenge for many years before COVID-19. A 2018 study showed that 66 per cent of software engineering students and 30 per cent of computer science students from University of Toronto, University of British Columbia, and Waterloo were leaving Canada. Meanwhile, in the US, from 2016 to 2019, employers were only able to fill six of every ten openings.
And now that the pandemic has accelerated the digitalization of society, the tech boom has only increased demand for talent. In 2021, Ottawa-based Shopify set a goal of hiring over 2,000 new employees. With these aggressive hiring goals and a limited talent pool, competition between employers is fierce, so any advantage can be a game breaker.
Creating a Competitive Culture
The current labour market favours the employee, so they have the advantage in terms of being able to pick and choose who they want to work for. If salaries and benefits are all relatively equal, what distinguishes your company as an attractive destination? Company culture.
A strong company culture attracts and retains better talent. Employees now expect a commitment to diversity and have zero tolerance for a toxic work environment. Thorough reference check verifications and social media background checks will ensure you’re hiring the right person who can help create a competitive company culture.
Streamline your Onboarding Process
A lengthy and tedious hiring process not only slows down productivity for employers, but also leaves the door open for competitors to grab a coveted candidate. Efficiency and agility are crucial in a tight labour market, and an optimized onboarding process can give you the competitive advantage you need.
As your company tries to reach its aggressive hiring goals, your HR team has their hands full. They don’t have the time or resources to thoroughly vet each candidate. And while there is great urgency to snatch up available talent, the cost of a bad hire will only set you back even further. Outsourcing your pre-employment screenings to a third party like Triton will speed up the process while ensuring you’re hiring the right candidate.
Triton’s background solutions can also integrate seamlessly into any of your existing applicant tracking systems and HR software. If you would like to learn more about how Triton can help you with your technology recruitment challenges, contact us today by phone at 1-855-790-7516, by email at firstname.lastname@example.org, or by visiting our website.