5 Ways to Ramp up Your Tech Talent Hiring Strategy in 2023
Where can I get tech talent? Is there a shortage of tech talent? Should I change my hiring strategy? Let’s find the answers to these questions!
The tech talent market has become volatile. In the last 12 months, the industry saw a growth in the number of job openings by 29 percent, more than double the growth rate between 2018 to 2019. As per data from CyberSeek, there are over 6,00,000 unfilled positions in cybersecurity. Companies are offering as much as $180,000 as bonuses to staff engineers for not leaving their current positions.
Tech companies are attracting a lot of investments and new companies are growing at a much faster pace. This indicates that the demand for software engineers, cloud engineers, and other tech-related professionals is going to see a rise in the future as well.
As a company’s hiring manager, you’ll have to understand your tech team’s requirements and look beyond the general HR and recruiting functions. Here’s how you can ramp up your tech talent hiring and retaining strategies in 2023. Let’s get started.
How to ramp up your tech talent hiring?
Know who you want to hireWe’re well aware of the talent shortage across the globe. Still, you’ll be flooded with resumes that might not fit well for the role you’re hiring for. To ensure a better technical hiring strategy, first, know what you are looking for. You should know the following about the people you want to hire:
– Their experience and expertise
– Programming languages and tech stacks they know
– Past companies and references
– Your project requirements
– Your budget
– Your desired mode of working (remote work/hybrid/full-time in office)
Once you’re clear with the above points, you can target the right professionals for the role and make the process of hiring seamless.
Know where you want to hire tech talent fromThis part can be a bit tricky. Once you’re out there searching for the right talent, you’ll come across various talent-hiring pipelines. Some companies prefer hiring directly from universities, programs like LaunchCode, or boot camps. Depending upon the expertise and experience requirement, you’ll have to choose the right pipeline. Here’s how you can write a good job posting to attract the best tech talent.
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Understand the dynamics of your tech teamYou should be well familiar with the languages your team works with, the tools they use, and the techniques they apply for any process. This helps you to understand who will be the right hire to fit right into your tech team. The best tech talent teams will have to include technical members who have expertise in the area your team is already working with.
Make a draft board for your companyDo you know what can make your process of hiring the right tech talent easier and faster? Creating a draft board for your company! A draft board is a document that has the candidates you want to hire or feel are fit for the role you’re hiring for. Here’s how you can make a successful draft board for your next hiring:
– Ask your employees for referrals.
– Scout your competitors. See a talent that’ll fit right in the role your company is offering? Put them on your draft.
– Go through the past interview processes. Is there a candidate who is well-qualified and will fit in the role? That candidate should be on your draft.
Once you have the draft board ready, it’s time to target specific people. Reach out to them and let them know that you want to hire them.
Speed up your hiring processIn this fast-scaling world, every other hiring manager is looking for tech talent to hire for their company. If you have a lengthy and tedious process of hiring, you are surely going to lose good talent. Ensure that your process of hiring doesn’t take more than three weeks from the initial conversation to making an offer.
Reduce the number of processes as much as possible. Do note that there are multiple phenomena such as great resignation and global talent shortage due to which various companies are struggling to hire the best talent possible. So, if you delay the process, you’ll definitely lose the best talent and have to settle for less.
So, this is how you can ramp up your tech talent-hiring strategy and ensure a dream tech team for your company. Do not restrict yourself to hiring local talent. Expand your boundaries, and be boundaryless. The world has an untapped talent pool that awaits hiring managers like you to make the right hiring decisions.
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