3 Ways to Cut Costs on Millennial Hiring
It’s always gratifying to scoop the best talent from the marketplace before your competitors, but does it have to cost you big bucks too? We’ve got some tips and tricks for lowering costs and getting the best quality hires for your company. Get a head start on the competition by recruiting top talent in unconventional ways. Today’s Millennials don’t just compare salaries to take an entry level job offer, they have a multitude of in-depth requirements. Look at your hiring practices, your company perks, and unique opportunities to draw them in.
The Law of Attraction for Hiring
Imagine your ideal fresh graduate job candidate and then hone in on all of their positive qualities. Then, do the following:
Target Your Advertising - Why put your job listing on a large all-purpose board? All that does is force you to slough through loads of unqualified candidates while your competitors are already interviewing their top choices. The quickest route to your best-fit new hires is to post on boards that specialize in the type of candidate you seek. If you’re looking for Millennials, FirstJob has the largest marketplace for early career job seekers in the U.S.
Offer Unusual Perks - If you’re looking for someone who will give a little extra without necessarily wanting overtime pay, you might be looking for someone with an altruistic bent. Offering perks that attract that type of person can go a long way to getting what you want, like paid volunteer days to their favorite charity or support in money and event sponsorships for a specific cause. This will show applicants that your company is altruistic as well as considerate of their employees.
Create One-of-a-Kind Opportunities - If you can offer travel to those wanting new experiences or a special training program your competitor doesn’t have; it can be a great way to draw top talent. Don’t forget to include unusual experiences that the candidate might seek, like scuba-diving lessons for someone that works in an underwater archeological dig. Make the new grad job descriptions sound as fun and exciting as possible. This will draw applicants and hires that are passionate about your company’s awesome culture.
Amy Liu is a Digital Marketing Associate at FirstJob and graduated with a B.A. in Psychology from UC Berkeley. In her free time, she loves exploring San Francisco and trying out tasty new restaurants.