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Companies are struggling to fill many positions as they ramp up to pre-COVID-19 levels. However, for many companies, the shortage of qualified candidates is nothing new. According to Korn Ferry, 41% of companies regularly report that they are unable to find qualified candidates for roles in their organizations.
Part of the problem can be traced back to the way companies recruit, evaluate and hire candidates. There are several approaches to identifying and recruiting talent, but as Peter Cappelli notes in the Harvard Business Review, only about 1/3 of companies correlate their hiring practices to ensuring employee success and many companies are not very specific in their assessments.
It seems that the primary issue is figuring out how to find the right candidates for job openings at your company.
These are some ways you can improve the quality of your talent pool, from providing incentives to potential employees to improving your assessment process by using skills tests.
To learn more about how each of these strategies work, download the Executive Report on this page.