Blog Software Development Efficient talent acquisition: Boldare's approach and innovations for 2024Efficient talent acquisition: Boldare's approach and innovations for 2024
The average employment duration for a software developer at a single company is around two years, covering onboarding and offboarding, but not including the time and costs of recruitment processes. In today’s climate, finding, hiring, and retaining top talent is more challenging than ever. How does this affect Boldare? Honestly, we’ve been quite effective in managing these challenges and reducing their impact on our partners. Continue reading to discover our effective talent acquisition strategies for tackling similar challenges in 2024.
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In the year 2023, a notable transformation occurred in the field of recruitment. Present-day candidates are not solely motivated by financial compensation; they seek roles that include personal growth, job security, and a harmonious work-life balance. This shift is particularly evident among younger generations entering the job market, who possess high expectations and a strong desire for meaningful and fulfilling work.
What can an organization expect in return?
Is it Possible to Hire Two Developers Within 5 Days?
As for many, 2023 was quite a challenge for us. But we used this time to adapt our processes better to the needs of our clients. One of the biggest innovations in the recruitment field that we implemented was the development of a Talent Pool, a database of top talents, particularly in developer roles. At this moment, over 70 candidates have gotten through the recruitment process and are enlisted in our shortlist.
Our Talent Pool is a strategic resource created to proactively build and maintain a database of potential candidates for specific roles, such as software developer or product designer positions. It involves guiding candidates through the organization’s standard recruitment process, including all its stages, feedback, and evaluation. Upon successfully completing the recruitment process, candidates are admitted to the Talent Pool. When we recognize a recruitment need for any of our clients, and this need matches a candidate’s profile, the organization can immediately extend a job offer to them without the need for a full recruitment process.
This approach has allowed us to respond swiftly and effectively to our clients’ needs. For instance, we recently placed two Java Developers within five days thanks to the fact that they were already signed up in our Talent Pool. This means that we can respond to clients’ needs faster than anyone in the market!
Our Recruitment Team was recently awarded the title of Best Recruitment Team in Poland, thanks to this innovation.
Our Key Talent Acquisition Tactics for 2024
But the success of the ‘Talent Pool’ doesn’t imply that we’re done with working smarter. In 2024, we are implementing more initiatives to enhance our talent acquisition processes at Boldare and deliver even greater value to our clients, more efficiently. These initiatives include:
- Even More Open Recruitments — we will continue our successful Talent Pool approach but with a slight twist. This year, we will open our Talent Pool process to non-development roles, such as scrum masters and product strategists, as well as internal roles like sales and marketing.
- Integration of AI in Recruitment — we plan to increase the utilization of GenAI in our recruitment processes. Our internal AI Services team will assist us in streamlining and optimizing various recruitment tasks. We will explore automation, including the use of AI tools like ‘GPTs’ to enhance tasks such as CV screening. Our collaboration with the AI department is already underway to implement similar innovations.
- Strong Emphasis on Offline Engagement — In a move toward more personal and localized recruitment, we are refocusing on offline strategies. This entails our active participation in industry events and live recruitment processes. We will seek candidates within the regions of our offices, prioritizing local talent. This approach aims to facilitate more frequent and meaningful interactions between candidates, teams, and clients, enhancing the overall recruitment experience.
2024 — Here We Come!
From our viewpoint as a company in the fast-paced digital sector, our innovations have led to real improvements in our services. We not only see but enthusiastically embrace the changes each new year brings. We’re confident in our ability to tackle many of the challenges related to talent management for our clients. While we can’t predict exactly what 2024 will bring, we’re committed to continuous innovation and maintaining excellence in our work.
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