What is business about? Executing a great idea maybe? Or perhaps delivering value to shareholders? Whatever your beliefs, the fact is that no business can run properly without an effective team. And, depending on what kind of business you’re running, your team may be the most important physical resource you have.
Building the best team you can, then, is vital to your organisation’s livelihood and success. But the job market, from a recruiter’s point of view, is becoming increasingly competitive. Figures published in March 2018 by the Office for National Statistics (ONS) showed that the number of overall job vacancies in the UK between December 2017 and February 2018 stood at 816,000 — 10,000 more than September to November 2017 and 56,000 more than the same period 12 months before.
Businesses are therefore fighting over a smaller talent pool to try and build their perfect teams. So how can you attract the best talent out there from this diminished stock? And then, once you’ve attracted the right employees to your business, keep them loyal, engaged and motivated too?