With skills shortages hobbling the mining and minerals processing industries, the race is on to find and attract the best candidates before your competitors do. That’s why CEOs need to ensure they are treating recruitment as a vital part of the production process.
Organisations put a lot of time and money into looking at their production bottlenecks and unblocking them. At one site recently, lack of staff as a result of slow recruiting cost the company $30 million per annum in lost tonnage from trucks parked up due to lack of drivers.
The key was to increase the speed of the recruiting pipeline.
“Recruitment velocity” is the speed at which you get a candidate to accept a position and be on location. In a market where people have lots of choices, if you take two weeks longer to make an offer than your competitors you are only going to hire those who don’t get offers from others or hire no one at all and live with large numbers of vacancies month on month.
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