Beware of Recruitment Fraud - We have become aware some people have received false employment offers from individuals or organizations posing as Nexus Staffing. Please be aware that Nexus does not send job offers via text, WhatsApp or any social media, and that we will never request money from job seekers, nor request personal information beyond what is required for payroll purposes after hire. All individuals who are successful in gaining an offer of employment from Nexus Staffing are required to go through a formal recruitment process including an interview with a member of our recruitment team. If you have received an employment offer via text, WhatsApp or on Social Media please delete it. We have reported this situation to the Canadian Anti-Fraud Centre.
Companies or recruitment agencies are putting more effort than ever into luring talent. Due to the record-low unemployment rate, employers need more qualified candidates, more skills, and fierce competition from other businesses.
More than half of small- and medium-sized businesses need help finding qualified employees. The hiring crunch is expected to persist through 2022, and there will be a labour shortage for the foreseeable future.
Building a strong talent pipeline is approached more strategically through succession planning. No matter the firm's size, it can still be effective; however, 75% of small businesses still need a succession plan. Below is the information you need to incorporate a succession plan into your business strategy.
What Is Succession Planning?
The process of succession planning involves identifying and developing persons for business-critical roles, including future leaders, senior managers, and other positions. If a current post holder quits the organization, it is essential to be able to fill that position efficiently.
The goal of the planning process is to develop a talent pipeline of potential successors who will go on with little to no disruption when unavoidable staff changes occur. Efficient succession planning identifies potential workforce gaps and develops long-term management plans to fill them. Replacement planning is another name for succession planning for recruitment agencies.
Succession planning ensures that a company may continue operating successfully even if a critical position falls vacant. An employment agency may need a succession plan to invest in its workers, identify skill gaps that require training, and preserve internal company knowledge. The procedure aids in finding candidates with the necessary skills and skill sets to fill the open position.
Steps To Succession Planning To Mitigate Labour Shortage
Following are the steps to succession planning that employment agencies should abide by:
- Evaluate Talent
Regardless of a job vacancy, you must start to determine solid internal talent for critical roles in your firm.
- Be Welcoming
No of their background, colour, or gender, all of your workers should be included. The succession planning process must be inclusive. To encourage employees to step up, make it evident in your organization's policies that succession planning is a top concern.
- Examine your hiring approach
Include a strategy limiting external hires to those with the potential skills and capacity to advance within your company.
- Focus On Performance Management
By giving workers the freedom to set their own goals and discuss aspirations, it also helps HR pinpoint areas in which mentoring and training are needed. As it offers a systematic approach to career development and gives individuals the resources they need to map out their career growth, career pathing can also be implemented at this level.
- Go For Technology Integration
Employment agencies that use effective cloud solutions can anticipate flight risks, integrate the organization's strategy with current and future business demands, and assist in developing a talent pool for future jobs.
Finding top talent for various roles at your company can be daunting as it requires expertise and time to find a suitable candidate for your company. Our team at Nexus Staffing recruitment agency accomplishes this for our clients every day. We have access to a pool of outstanding applicants and can headhunt passive talent for those challenging tasks.
