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No matter what the state of the economy, competition is always stiff for the most desirable candidates. How can you find and attract the best people – before your competition does? Here are a few key strategies.

Identify Top Talent

What attributes do you require for the position? Be sure that you are competing for the specific skills and experience you need for your company’s individual success. Don’t waste time and money competing for someone who is a superstar in your industry if they don’t have the skill set that you need.

Go Where They Are

Network online and in person where the likely candidates will be. Host a networking event or a speaker who is an industry expert. You’ll attract the kind of people you want to hire and can speak to them in a low-key, but professional setting.

Build Your Reputation

Be transparent regarding the projects you are working on and what it’s like to work at your company. Update social media regularly and issue press releases to keep the community aware of any developments. If you make yourself a target company where people want to work, you’ll reduce the time you spend proactively recruiting. People will come to you.

Pay Competitively

You don’t need an extravagant compensation plan to attract people, but you must be fair and within market rates. Don’t forget to factor in nonmonetary rewards such as vacation days, telecommuting and other perks that can attract people to your company. Determine in advance how high you are willing to go if you get into a bidding war. Don’t get carried away in an effort to win.

Build Relationships

Even when you can’t hire a candidate right away, stay in touch. Build a talent pipeline of candidates who feel that you are invested in their success. They may give you a chance to counter any offers they receive or lead you to other talented people.

SMR Group Ltd has strategies to help you win the race for talented candidates. Contact us today to learn more about our sales and marketing recruiting solutions for the pharmaceutical, medical, and biotech industries. We look forward to hearing from you!


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