The Real Cost of IT Recruiting and Staffing

Although the economy appears to be improving,hiring standards unrealistic? Are you looking for
experts predict the recovery will be a slow process.unlikely skill combinations in one candidate? Or, are
However, the current high unemployment rate hasyou trying to find someone with the exact skill set
provided a greater availability of highly skilled, talentedand extensive experience needed for your project?
Information Technology professionals in the jobHire smart, talented people with an aptitude for
market. This provides an opportune time foracquiring new skills, as these tend to be the highest
companies to evaluate their IT staffing needs for aperformers in any organization.
cost effective talent upgrade. Discerning executives3. Position your company competitively. Salaries are
understand this and know that careful assessment ofimportant, but it's not just about the money. Do you
technology resource acquisition and cost is vital foroffer professional growth opportunities such as
the success of their organizationsmentoring and training programs? Do you offer a
The real cost of technology recruiting and staffinggood work environment? Be sure all you have to
include the predictable, hard costs such salaries,offer a candidate is well communicated.
bonuses and recruiting fees. In addition, the intangible4. Evaluate the effectiveness of your hiring manager.
costs such as the time spent by hiring managersWhile technical expertise may qualify a hiring manager
increases dramatically in a competitive market. Theto evaluate the candidate's technical skills, it does not
cost of morale and retention challenges must beensure interview acumen. Hiring managers must have
factored into the equation. Ultimately, speed tothe ability to sell the company and to evaluate
market and the company's ability to compete mustimportant attributes in the candidate, beyond their
be considered. As time slips away and positionstechnical skills, that will be critical to success.
remain unfilled, the intangibles costs rise dramatically.5. Examine IT staffing vendor usage. Using four to six
The best talent is always in demand regardless ofvendors requires hiring managers to invest more time
economic circumstances, but the current economyand money in managing multiple vendors with little
can make top performers more affordable.benefit to the hiring process. Consider the quality of
Companies can minimize costs by ensuring speed inyour vendors rather than the quantity and be sure
tendering offers, the overall competitiveness of theyour vendor partners understand both the
offering, the effectiveness of hiring managers andtechnology stacks involved and the underlying
how well staffing vendors are utilized.business context that drives technology projects.
In addition, companies must update hiring practices toIn addition to constant monitoring of competitive
reflect the highly competitive IT job market. Herehiring strategies, from hiring managers to competitive
are some basic elements of the overall hiringoffers, organizations should take advantage of the
strategy to think about:greater availability of the talent pool to help their
1. Streamline processes. If it takes more than 48companies be competitive. This is a good time to
hours after the interview process to tender an offeroptimize your process and take advantage of the
you risk missing out on quality candidates.opportunities the current economy provides.
2. Examine your candidate selection criteria. Are your