Organizations indeed struggle to keep up with the increased demand for laborers. Sadly, it is also true that they face labor shortages at the same time. During the pandemic, several businesses were shut down as there was a massive downfall in employees. When the companies were on the lookout for potential candidates, they asked for work-from-home, and employees on the path of a turnover asked handsome increase in their pay. These combined created plenty of confusion, and a way out seemed impossible.
But how can an organization deal with a labor shortage and an increased demand for workers simultaneously? Companies generally try to balance out the situation by handling such cases one by one. It is a great way to deal with, but did you know that a contingent workforce platform can assist you in addressing these issues side by side? Let me tell you how.
- ACKNOWLEDGE THE JOB VACANCY
When an organization is facing a labor shortage, it is definite that there is a position available for hire. The moment you are aware of the demand for a worker, make sure you jot down the details of the position, the kind of labor you are in need of, and the skills you are looking for in a candidate.
- CREATE A JOB REQUISITION ALERT
When the position and requirements have been acknowledged, create a requisition alert to let others know you are hiring. You can use direct sourcing or use your brand as leverage to attract candidates.
- ATTRACTING CANDIDATES
How can you attract workers while walking on thin ice? Define the job role, the skills you need, the educational background you seek, showcase the benefits the organization will provide, such as health insurance, flexibility in time, cab allowances, or any other add-ons one can get from the company.
- USING A VMS PLATFORM
Everything mentioned previously can be done by a VMS platform. It has plenty of features like ATS, LMS, Talent Pools, and Data Management, to name a few. These tools not only assist in making hiring and recruiting easy but also assists in managing tons of data, information, and credentials with complete security. A contingent workforce platform like FlentisPRO can assist in getting the best talents from around the world.
- CALL IN FOR DIVERSITY
Do not stop your organization from onboarding talents globally. Global candidates not only bring in a variety of cultures and attract other candidates, but they also bring in diversification in their deliverables. Such candidates can be essential to an organization as they can assist in more substantial marketing for your products worldwide.
- HIRE DIFFERENT KINDS OF LABOR
Don’t restrict your company to hiring full-time employees. Have a solid core team and add up different workers, such as SOW Contracts, Part-time Team Members, Freelancers, and Remote Workers. This can help your business to have a strong foundation in variety and flawless deliverables.
- TRACK EXPENSES AND CONTROL YOUR BUDGET
Easy said than done? No more. A VMS platform can assist in controlling your budget and tracking your expenses. Hiring the best talents from the talent pool present on a contingent workforce platform can easily help you avoid unnecessary costs. In other words, you get top talents in your budget, which brings in more profit for your organization.
It is vital to address a candidate’s needs while you face labor shortages or sudden increased demand for workers. A robust workforce can be built when a strong bond is present between the employer and an employee. And FlentisPRO can assist you in doing so. Technology can be your best friend when it comes to reaching out to candidates from different parts of the world or hiring an ideal candidate within a deadline.
Did you know that 18% of respondents leverage technology to address their ongoing staffing needs? This provides an increased number of opportunities in order to improve operational efficiencies and attract as well as retain top talent. This means that a VMS platform is not only assisting in hiring labor but is also retaining your employees by taking timely feedback, providing employee engagement, and is also focusing on employee experience. All this can be clubbed together to get an automatic report from the system, which helps you work out the existing mistakes and applaud the things that worked out.