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The Cost-Effective Strategies for Talent Vetting During Recruitment

February 12, 2020

As a recruiter, you understand that your recruitment decision reflects on your abilities as an HR professional. You represent the company and use the given resources to onboard new and fresh talent to boost business. Talent vetting is an essential part of the hiring process because it has the most significant impact on your business.

As a recruiter, you understand that your recruitment decision reflects on your abilities as an HR professional. You represent the company and use the given resources to onboard new and fresh talent to boost business. Talent vetting is an essential part of the hiring process because it has the most significant impact on your business.

Talent vetting is screening and cross-checking a candidate’s background before selecting them for the available position. The vetting process also gives the recruiter a chance to get to know the candidate in depth.

A strong background check makes the process of deciding on the perfect candidate easier and quicker. It eliminates indecisiveness and saves time.

The Benefits of Talent Vetting

You Acquire the Best in the Market

If you focus on what the market offers during your recruitment process, you succeed in digging up talent that you would’ve missed otherwise. Once you reach out to the best candidates, the next step is to take the time to get to know them so that you can keep them interested. It can be challenging to find someone suitable for the job and wrap up the employment process – but it’s also essential to make sure you do it the right way.

Being an HR professional, you need to possess people’s skills to attract the most wanted candidates in the market.

Increases Your Ability to Hire Better Talent

Your focus on a candidate-centric hiring process will help you hire candidates that you couldn’t achieve using old HR techniques. It will help if you start looking into talented individuals even when they’re not on the market because this gives you time to research their work experience.

With proper talent vetting, you’ll have a proactive pipeline that will be filled talent and people you and your company can trust. Proactive pipelines give you access to large people of talented people. As a recruiter, you need to have replacements ready from the get-go so that if anyone leaves, you can fill the position quickly.

Helps You Identify Future Talent

When you spend time talent vetting, talking to different candidates, and creating a proactive pipeline of great individuals, it gives you a sense of recognition. The vast experience of talking to various applicants helps you identify hidden talent in some prospective people. Some people have a lot more to offer than what’s shown on their resumes, and you can only assess that if you set a meeting with them.

A resume with minimum experience can be off-putting, but to judge the candidate, give them a call. You can ask for some skill and knowledge related questions over the phone – like a brief interview to understand better if the candidate is worth your time. There is always a chance that fresh talent has some unique insights that can improve your business operations.

A Chance to Cultivate New Relationships

Talent vetting and reaching out to different candidates gives you a chance to cultivate new relationships that can come in handy later. When you show a candidate at the beginning of a hiring process that you care about them, you start building a professional relationship and make it easy for yourself to reach them later. The candidates will trust that you have their best interest and will be interested in an open position when available on the market.

The experience you offer the candidates now will prove fruitful in the long run and build your company’s employer brand.

The Three Strategies for Effective Talent Vetting that will Help Recruitment

To ensure your vetting process is smooth and effective, apply the following tips.

Go Beyond the Basics While Interviewing

The basics of a hiring process are judging the candidate based on resumes; however, that’s what you need to change. Start by screening the chosen candidate, do thorough homework on the candidate, and then call them for an interview.

During an interview, ask questions that encourage the candidate to talk about their experiences in depth. Discuss things that aren’t on their resume, and can offer you insights on their career path, plans, and journey.

Consider the Liability of a Bad Hire

If you fall short at completing a vetting process, you’re putting yourself and your company in jeopardy. If you hire someone without checking their background, especially if it’s a senior position, you’re putting your projects and business at risk. Always make sure to vet a questionable candidate, even if they have immense experience to offer.

In addition to talent vetting, you can also ask them questions that can help you eliminate any red flags. If you end up with the wrong candidate, all blame will fall on you, and it could stir up trouble for you.

Don’t Use Size as an Excuse

Very commonly, small-sized businesses eliminate the need for talent vetting. They believe it’s a waste of resources, time, and effort to learn about a candidate in-depth. However, that’s a very wrong concept because no matter the size, it’s important for businesses to know who they’re hiring. The new candidate not only represents your company but will also be a part of your team.

For example, if your job is to hire for a senior position and you hurridly hire the first candidate you interview, that can pose as a threat. What if the new hire has a questionable background? What if employees start resigning because they feel harassed? Try to avoid such situations can by running a thorough background check before the candidate is appointed.

Hire the Best for Your Company!

Every company should aim to hire the best and talented candidates out there who can help boost their business. Screening and talent vetting may seem like a very time-consuming task, but if you do it on time, you can end up saving yourself from major issues in the future. Team up with some experts, contact people in your circle, and cross-check their references before you decide to hire someone. A little effort now will take you a long way. Good luck!