A sourcing strategy is a plan made by recruiters to find eligible candidates for their company. A sourcing strategy is built in a way that suits the company’s overall policy. The Human resource department of any company works under constructing sourcing strategy for the recruiter. Many sourcing strategies for recruiters have been made by the experts and they are proven to be useful.
The main aim of such strategies is to have a successful recruitment process with a high rate of eligible candidates. Useful sourcing strategies are not just one single step or bunch of steps, but they can be a long document.
Many companies have a whole team in constructing or creating a sourcing strategy for the recruitment period of the company.
Top 10 proven and useful sourcing strategies for recruiters:
One of the most effective sourcing strategies for recruiters includes posting jobs on different platforms. Or one can say not depending on any single platform for finding candidates.
When a company announces a vacancy, it calls for more than one candidate than why settle on one platform only. In the world of active online users, if a recruiter operates through more than one platform for recruiting, the percentage of finding more candidates will increase.
Not depending on one single platform is the main sourcing strategy for recruiters.
Social media platform
When it comes to diverse platforms for posting jobs or candidate searching, no better place than social media can open the ocean of candidates.
Social media has raised its importance from just finding friends and sharing posts to finding candidates and recruiting. The power of social media is raising day by day and that’s what fixed the position of social media platforms in the sourcing strategy.
With the help of social media platforms, a recruiter can shortlist, store candidates, and even promote their company. A social media profile of a candidate is no less than a resume in today’s date. A recruiter can find a lot about a candidate through social media.
When a company opts for multiple platforms for sourcing, it is obvious that candidates do that too. When a recruiter finds a candidate who is eligible, they should search about the candidate more diversely.
Doing a background check about the candidate with the help of multiple sources can help a lot.
For recruiters looking for a mass of candidates, the sourcing strategies add multiple platforms for a reason. Searching for candidates through diverse platforms is part of many useful sourcing strategies.
Talent acquisition is a process that might require more attention and a whole more than just one recruiter. Talent acquisition in relation to collecting the database for efficient recruiting.
Collecting the information regarding the talented candidates eligible for the company or any position in general. Keeping a list of the candidates or keeping them on hold and tracking them for the future.
Talent acquisition or talent pool is a futuristic approach that is required when building a sourcing strategy. A talent pool made by the recruiter or the staff helps in recruiting faster in any uncertain situations.
Build a brand
Sourcing strategy is not only attracting candidates but also making an image of the company in a way that it becomes the first choice for jobseekers.
Building a brand about the company is a digital affair. Building a brand of the company or the employer is a useful provision that can lead to a successful sourcing strategy.
A brand is like that in the industry knows the name of the company and that people want to work there. Building a brand is not always about the technical factors of the company but also all other factors.
Building an image that will attract the candidates to work in the company is a very powerful sourcing strategy.
No company can miss the referrals of its current employees. The use of referrals in sourcing is very high. Recruiters also get the chance to recruit with a mutual connection or reference.
Asking for employee referrals can also pass the message of goodwill to the current employees. Employee referrals are a good source of eligible and skilled candidates.
Employee referrals can also save time and resources in finding candidates from different platforms.
Technology at all stages
On today date, technology is everywhere. So it will be obvious to find technology at every stage of sourcing strategy as well. Sourcing candidates with the help of technology can save time and energy.
Technology at every stage of sourcing can help in finding, filtering, and processing the entire recruitment process with ease.
The use of smart artificial intelligence can help in finding eligible candidates and maintaining a talent pool as well. One can use tools and applications at all stages to list and source for recruitment.
Go beyond resumes
The sourcing strategy should not follow only the resumes and the words that are found in the illustration about the candidate. Going beyond the word includes the interaction and the skill checking the skills of the candidate personally.
Going beyond the resume also includes making a recruitment strategy with the sum of tests, interviews, and many more. Just following the resumes or the non-verbal description of the candidate will not provide the finest candidates of all.
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Judge and reconfirm
It is natural to find some information about a candidate and create an image of them in our minds. Especially when going through their social media image there can be many casual things that could be found.
While researching about a candidate, the sourcing strategy should also include for the recruiter to reconfirm all the information they found on any platform.
The information can be fake or misunderstood by the recruiter and it should not affect the chances of the candidate in the company. A recruiter while sourcing from different platforms or agents should reconfirm any information that is worth discussing.
Know the competition
Sourcing strategies also depend on the competitors. How do they brand themselves, how do they represent their culture, and what are the factors that attract candidates towards them?
One can also find some of the key points that can be added or replaced to improve their strategy. Knowing the competition is very useful in making recruitment efficient.
Competitors can teach and help in improvising our sourcing strategy as well.