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How do companies and institutions attract the best talent? | Economy

manhattantribune.com by manhattantribune.com
6 July 2024
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How do companies and institutions attract the best talent? | Economy
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In today’s fiercely competitive job market landscape, attracting and retaining top talent requires a strategic approach that focuses on company culture, brand identity, and team satisfaction.

Camilo Concha, Founder and CEO of Lending, shares his insights into effective hiring strategies that have proven successful at his organization in a recent article published in Forbes.

The importance of company culture

Concha points out that a strong sense of company culture is crucial to making existing employees feel at home and attracting new talent.

Concha stresses that a well-defined brand identity and a supportive work environment are key to explaining why potential candidates thrive within companies.

A well-defined brand identity and a supportive work environment are key to explaining why potential candidates thrive within organizations (Getty)

“Having a strong brand that clearly defines its higher mission, values, ideals and culture allows current employees to feel at home and future employees to feel welcome,” Concha points out.

Knowing organizational needs

Understanding the specific needs of the organization is the first step in connecting with talented candidates. Concha likens the organization to a living organism with its own values, needs and desires.

By identifying what is required for a company to thrive and grow, leaders can better target their hiring efforts.

Leveraging digital tools

In the digital age, showcasing a company’s values ​​and culture through online platforms is essential. Sharing quotes, personal stories, photos, and human elements of the organization can effectively communicate what employees value and who they are, according to Concha.

Creative recruitment channels

Concha advocates using a variety of channels to find the right talent, including communications, events, referrals, and networking.

Engaging with people on a personal level helps identify who might fit the company culture best and bring valuable new experiences to the team.

Expand reach

Lending has been successful in expanding its team to include overseas and remote workers from across the U.S., according to Concha. This approach has allowed the company to tap into a variety of skill sets that might not have been accessible otherwise.

Allowing candidates to share their insights into how they can integrate and reinforce the company’s values ​​can lead to smooth onboarding and long-term success (Getty Images)

“Expanding your reach to external or remote positions allows people with different abilities to join your team and expands your reach and connections,” says Concha.

keep an open mind

Taking an open approach to hiring is vital. Concha highlights the importance of aligning potential candidates with the organization’s ideals, goals and priorities.

Concha emphasizes that allowing candidates to share their insights on how to integrate and enhance the company’s values ​​can lead to a smooth onboarding and long-term success.

“This is the success of your current and future employees!” Concha concluded. “They are an unstoppable team and will continue to be so.”

Tags: attractcompanieseconomyinstitutionstalent
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