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Tips for employers to survive high soaring talent competition

• By People Matters

The talent crisis is real, with competition soaring high. So inevitably, it has become urgent for organisations to revisit their hiring practices today as they design plans for growth and expansion in a rapidly evolving world of work. To empower leaders on this talent transformation journey, at People Matters TechHR India, we are joined by industry leaders who share their expertise, success stories and incredible insights to get us started. In a conversation led by Aparajeeta Sarmah, Director HR, MetLife Global Operations Support Center; Amaresh Singh, CHRO, GE South Asia; Puneet Khurana, Group Head - Human Resources at Policybazaar.com & Paisabazaar.com and Varun Sachdeva, Recruitment & Business Leader, APAC, NLB Services, tell us how to source high-impact talent for a high-impact business strategy.

Today’s candidates are on the lookout for what’s in it for them when joining any organisation. As a result, it is essential for leaders today to marry their organisational values and long-term outlook with the EVP. The brand image is no longer the sole attraction but rather the experience the organisation offers its employees. Another element of achieving this also involves aligning employee goals to organisational goals. 

When industry leaders were posed the question of candidate priorities, each had their unique take on the question given their experience. However, these answers remain critical when designing any talent management strategy. All facets must be counted, from flexibility, compensation, growth opportunities, inclusivity and work culture to purpose. Today, the hiring process rests on a two-way judgement between candidates and employers, each deciding whether the other is the right fit.