Studies prove a direct correlation between candidates answering job ads and lower skill levels. In fact, about two-thirds of most ad responses aren’t qualified for the position, according to CareerBuilder.
So, where is the best talent hiding?
The answer is simple. They’re so engrossed in their work – they aren’t looking for new jobs. But this doesn’t mean they won’t consider new opportunities. The majority will. Discover how to find them.
How Many Passive Job Seekers?
About 86 percent of the workforce rarely reads job ads, according to the Bureau of Labor Statistics. A large portion of this group, 74 percent, would consider a new opportunity, according to the survey conducted by Harris Interactive.
And this percentage climbs even higher for college graduates and those with an annual income of $75,000 and higher. This is a sizable talent pool that most companies aren’t tapping into.
Motivating the Passive Job Seeker
Since passive job seekers aren’t actively looking for work, how do you motivate them? The answer is simple. Understand the top reasons why they move on. A survey conducted by PricewaterhouseCoopers (PwC) polled 19,000+ people on their reasons for leaving a job. The top 10 reasons include:
- 16% Limited career/promotion opportunities
- 13% Supervisor lacked respect/support
- 12% Compensation
- 11% Job duties boring / no challenge
- 9% Supervisor lacked leadership skills
- 6% Work hours
- 5% Unavoidable reasons
- 4% Supervisor poor employee relations
- 4% Supervisor displayed favoritism
- 4% Not recognized for contributions
Once you understand this, you’re one step closer to tapping into the industry’s best talent. Plus, it’s something
to consider with your own employees. They may be just one offer away from jumping ship.
If you need help tapping into hidden talent, CERS can help. We can assist with everything from a detailed hiring profile to locating the right talent for your position. Call or email us today for a free assessment and quote at 561-910-8000.
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