Technology: Your Best Weapon In The Battle For A&E Talent
This year's Deltek Clarity report into the Architecture and Engineering sector highlights the fact that firms are having to fight hard to attract good candidates - and the process is costing them dear.
Seventy percent of firms claim talent acquisition is one of their top three most expensive HR processes. And with the majority of firms taking up to two months to recruit the people they need, it's little wonder why.
So what can be done to attract the people you want to get the results you need?
A company-wide approach
Service-based companies can overcome the major challenges in recruitment by making the acquisition and retention of talent a company-wide issue. How? By unleashing it from the confines of the HR department and integrating it with the broader strategies and objectives of your firm.
Putting talent management at the heart of the business along with project management, finance and resource planning will bring a myriad of HR-related benefits. It'll empower you to identify skills gaps, plan out rewarding career paths and match the right people with the right projects for better business results.
Taking the following action will help:
1. Take a step back
Knowing what you're looking for is the first step towards getting what you need when it comes to investing in resources. Use your business management or enterprise resource planning (ERP) system to establish where your business headed and the skills you need to get there.
2. Tap into potential
Refer to your employee performance data to set aspirational and measurable targets for your staff. This is a proven method of keeping your employees both motivated and engaged, meaning they'll stay with you for longer.
3. Communicate and connect
Collaboration platforms can inject a sense of employee morale across your firm. Having the means to converse and share will unite teams, stimulate innovation and help spot resourcing issues before they get out of hand.
4. Play the train game
Invest in your workforce. Use your business system to identify skill "holes" and fill them with training, coaching and mentoring programmes. Not only will you get more out of your workforce, you'll prove yourself as a dedicated employer with your eye on the future.
5. Get your house in order
Ambitious professionals will always seek out the best employers. Make your firm an attractive proposition to them: Put your financial and business credentials in shape and your objectives for the future on the table. You'll stand out from the rest and attract the best.
Way to go
When it comes to hiring and nurturing talent, studies show technology underpins success.
It's therefore alarming that just 52% of firms admit it has been at least four years since they upgraded their HRIS or talent management system.
The truth is, in the services industry you need to put your people first. If you weave HR and talent management into the fabric of your company through an aligned and integrated system, you'll get a loyal, engaged and ambitious workforce that will secure your future.
Find out more about the talent battle in A&E by downloading this report: The 37th Annual Deltek Clarity Architecture & Engineering Report