8 hacks to attract the best talent in 2024
Hiring

8 hacks to attract the best talent in 2024

Our product is people, which means that we have to evolve constantly.   Staying adaptable and open to change is crucial to navigating the complexities of finding and attracting exceptional talent.   One thing we stand by is that people MUST be treated as people; if you want to attract the best, it takes dedication, […]

December 14th, 2023
*

Abby.

Founder

A search expert making key hires for over twenty years.

Our product is people, which means that we have to evolve constantly.

 

Staying adaptable and open to change is crucial to navigating the complexities of finding and attracting exceptional talent.

 

One thing we stand by is that people MUST be treated as people; if you want to attract the best, it takes dedication, selflessness, curiosity, and hard work.

 

Here are our top 8 strategies for attracting the best talent in 2024.

 

 

Strike a balance with AI

The PwC predicts that AI will contribute over $15 trillion to the global economy by 2030. In an era where artificial intelligence is rapidly advancing, maintaining a balance is crucial.

 

Recent research highlights a growing sense of disconnection among candidates. 72% are frustrated by the lack of direct communication during the hiring process, and 66% are hesitant to apply for jobs that use AI in hiring decisions due to concerns over fairness.

 

While AI can boost hiring efficiency, a human touch remains essential. Learn more here.

 

 

Reduce your advertising spend (the people you want rarely apply)

Think about fishing: You put your rod out, add some bait to the line, and wait patiently for those juicy fish to take the bait. This is not dissimilar to advertising a job online. You put a job advert up, submit, and think phew, that’s it. Let’s just sit back and wait for all of those people to apply.

 

But what if you are the biggest fish by miles – envied, adored, wise, and gifted. Are you going to take a nibble of a worm with a hook sticking through it, or head on for bigger and better things?

 

There is an art to hiring and attracting great talent – save yourself the time and investment on ads that aren’t getting you what you are looking for.

 

 

Invest in hiring a people experience team

Building a dedicated people experience team enhances the overall candidate and employee journey, positively impacting the attraction, engagement, and retention of top talent. Research shows that organisations with a specialised people experience team see a 30% increase in candidate satisfaction (LinkedIn Global Recruiting Trends 2023), and typically reduce their time-to-hire by 15% (SHRM).

 

Instead of investing in job ads, redirect funds and focus on building a stellar people experience team.

 

 

Think like a search agency

In the rush to hire, it is easy to make reactive decisions. However, striving for mutually beneficial relationships is important to ensure long-term success for your company and new hires. Look beyond familiar faces and networks; seek out new talent with fresh perspectives that will drive growth.

 

 

Treat your pipeline with care

Almost 4 in 5 candidates will speak openly to their peers about a poor hiring experience, so it is crucial to nurture your pipeline. Give maximum value to every candidate and deliver personalised communication and timely feedback.

 

 

Prioritise the candidate experience

You may not always get them over the line, but your candidates will like you and tell their friends. Recent research from LinkedIn suggests that 88% of candidates share positive hiring experiences with their professional networks, potentially expanding your company’s reach to a broader talent pool.

 

Your pipeline won’t forget their experience and how they were treated throughout your hiring process – make sure it’s a positive one.

 

 

Align with like-minded suppliers

When engaging with external partners, ensure they align with your company values to maintain a consistent and cohesive approach. Partnering with like-minded suppliers is crucial for the success of your projects and prevents the potential undoing of your hard work.

 

 

Value your people like your hottest sales lead

Your people are who bring your product or service to life. They should be heard, nurtured, and empowered so they can produce their best work. Create an environment where your team can thrive, bring their full potential to the table, and attract other like-minded individuals to come and do the same.

 

 


 

 

Need to hire? Get in touch with one of our hiring experts

 

 


 

To find out more about how to focus on your brand, get in touch today.
Want to hear about our other articles?
Looking to hire your next superstar?
Keen to explore our latest vacancies?
Yellow Bricks is a female-owned and led executive search firm hiring predominately for software companies with diversity and inclusion at the heart of our offering. To learn more, click here.
Related posts
How getting stage time could boost your career

How getting stage time could boost your career

Do you have insights, experiences, or ideas to share?   Make this the year they are heard! You deserve it, and here’s the big bonus – getting stage time can seriously boost your career.   Now, if the idea of standing up and speaking in front of a group makes you anxious, just remember that […]
Has the Great Resignation only just begun?

Has the Great Resignation only just begun?

Is the regular news of The Great Resignation starting to break our psychological contract? Do our people really believe the grass is greener on the other side and what can we do to acknowledge where we might have got some things wrong?
5 Ways of Managing Stress as a Leader

5 Ways of Managing Stress as a Leader

As a leader, your people will look to you for guidance in times of challenge and uncertainty.   Trying to manage your team as well as yourself during these times can make you vulnerable to high stress that can become chronic if not dealt with properly.   Currently, 69% of executives are considering quitting due […]
UK Labour Market Trends: What you need to know

UK Labour Market Trends: What you need to know

Overview of the Current Labour Market The UK labour market is experiencing a notable shift. While still robust compared to pre-pandemic levels, job vacancies and employment are declining. This cooling trend, evident in recent ONS data, signifies a changing landscape for employers and job seekers.   Employment and Unemployment Trends The employment rate declined to […]
Benefits of Hiring Temps During Uncertain Times

Benefits of Hiring Temps During Uncertain Times

When times look rough, it is often helpful to look back for guidance.   In the past few years there has been a major battle for talent. With the post pandemic boom, many experienced exponential growth, which warranted the extra headcount. However, as things settle and in some cases, go backward, we are seeing a […]
Yellow Bricks Story: Inspiring the Talent of the Future

Yellow Bricks Story: Inspiring the Talent of the Future

It is National Careers Week, often only celebrated within education establishments. What if we all did something amazing for the young people? What if we helped just one person each? Could a change happen?   It is hard to think about helping young people who are not your own. To justify doing something else with […]
Is this the real reason your people are leaving?

Is this the real reason your people are leaving?

We know that replacing key talent is a lot of work; when done badly, it can cost a lot of time and money.   Plus, the initial time, energy, and investment spent on hiring talent means it’s important to have effective retention strategies in place.   We polled 500 HR and people leaders, and 72% […]
Why Leaders Need to Foster a Learning Culture

Why Leaders Need to Foster a Learning Culture

The pandemic brought a transformation to the working world, and as we enter the age of AI, businesses need to act now to future-proof themselves.   Going forward, the growth in technology and workers’ re-evaluations of their working lives means that incorporating a learning culture needs to become a top priority for organisations to future-proof, […]
4 Leadership Skills That Will Turbocharge Your Career in 2023

4 Leadership Skills That Will Turbocharge Your Career in 2023

Yellow Bricks Search dives into the latest and largest global study on leadership skills to show you what you’ve got to grow, where to start, and why it’s all important in 2023. Whether you’re looking to boost your career by getting that next promotion or a new role outside your company, one way to go […]
Don’t Burn Your Runway: Smart Hiring Strategies for Founders After Investment

Don’t Burn Your Runway: Smart Hiring Strategies for Founders After Investment

Developing A Post-Investment Hiring Strategy That Delivers Securing investment is one of the most exciting milestones in a founder’s journey. Whether it’s seed, Series A, or a later funding round, it signals that others believe in your vision and are backing you to grow. But with investment comes pressure. Investors expect progress, teams expect momentum, […]

People. Culture. Growth.