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If we categorize the entire labor talent pool by productivity…
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1st quartile - the most productive 25% of
total talent population,
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2nd quartile - the 25% slightly above
average,
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3rd quartile - the 25% slightly below average
and
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4th quartile - the least productive 25% of
the available workforce population
Then we can analyze the content of each of the following sources for talent!
Many individuals, including a significant number of internal HR
staffing organizations believe that big internet job sites, like
Monster and Career Builder, should be their primary source of
candidates!
BIG INTERNET CAREER SITES
Yet logic demands that the candidate pool available through
these massive job sites may well harbor disproportionally large
quantities of candidates with 4th quartile capabilities, with
only small quantities of 1st quartile talent. This seems
reasonable when you consider an overall unemployment rate of
close to 10% causing many of the people with 4th quartile
capabilities, to be among the ranks of the unemployed and overly
represented on the job boards. While some 1st quartile talent
may happen to be caught in an occasional, ill-designed
“reduction in force” (RIFs), they obviously remain unemployed
for a shorter period. In general, 1 st and 2nd quartile (above
average) are hard to find on the big boards One frustrated
internal recruiter admitted, “It is hard to find a ‘1’ in a herd
of 3’s and 4’s.”
SOCIAL NETWORKING SITES
Social Networking internet sites like LinkedIn, Facebook,
Twitter, and others faired only slightly better in our groups analysis,
with some quality talent well hidden among massive numbers of
below average and unemployable candidates.
PROFESSIONAL ASSOCIATIONS
Professional trade associations, particularly those offering
training and certification programs, reversed this pattern with
all quartiles being represented but exposing larger segments of
1st and 2nd quartile talent, primarily because these groups tend
to include many individuals seeking continued education and
certification. Members of these organizations are willing
to put forth the extra effort to become professionals within
their technical fields. (Professional associations
considered for this example were APICS, ISM, CSCMP, IIE, IEEE,
ASME, SME,PMA, ASQ, etc.)
Visit the
APICS Atlanta Career Center - to gain access to local
certified candidates for FREE! And join the organization
to grow your professional network.
PROFESSIONAL SEARCH RESULTS
At the top of this hierarchy is the population of the workforce
being presented to smart companies by their professional
recruiters.
Professional Recruiters are not restricted to recruiting only from the ranks of the
unemployed. A client company pays for the
luxury of choosing from a short list made up almost totally of
1st and 2nd quartile talent, with confidence that the new
employee will earn for the company, enough profit (in sales,
savings, or productivity) to cover both the agency fee and their
own salary many times over during the first few months of their
employment.
“No client should be willing to pay to acquire below average
talent.” was the explanation of one experienced professional
recruiter.
It may be difficult getting agreement on when the recession has
officially ended, but now may be the
perfect time to make a strategic investment in recruiting that
special talent who can help your company win the race for market
share.
Please contact us today, so that our consultants can assist in
your identification of people needs and help you find the least
expensive solution that satisfies your company’s financial and
organizational goals. Call us with your ideas and challenges
today.
JD Harvill CPC,
jdharvill@psa-recruit.com
or 770-952-0009
For more information on When to Use a Search Firm please visit our website...
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