Ways HR can use competitive advantage in the marketplace to recruit new, qualified applicants.

Businesses achieve competitive advantage in recruitment through concerted strategic planning efforts.

Propose and discuss at least three ways HR can use competitive advantage in the marketplace to recruit new, qualified applicants.
Explain how technology has hindered or enhanced this process.

Full Answer Section Technology has both hindered and enhanced the recruitment process. On the one hand, technology has made it easier for businesses to reach a wider audience of qualified applicants. On the other hand, it has also made it more difficult for businesses to stand out from the competition. Here are some specific examples of how technology has hindered and enhanced the recruitment process: How technology has hindered the recruitment process:
  • The rise of online job boards has made it more difficult for businesses to stand out from the competition. There are now millions of job listings on online job boards, so it can be difficult for businesses to get their job listings noticed.
  • The use of applicant tracking systems (ATS) has made it more difficult for businesses to connect with qualified candidates. ATS are software applications that are used to screen job applications. However, ATS can sometimes screen out qualified candidates who do not have the exact keywords that the business is looking for.
How technology has enhanced the recruitment process:
  • Social media has made it easier for businesses to connect with potential candidates. Businesses can use social media to post job openings, connect with potential candidates, and promote their employer brand.
  • Online video interviews have made it easier for businesses to screen candidates. Online video interviews allow businesses to interview candidates from all over the world. This can save businesses time and money, and it can also help them to find the best candidates for the job.
Overall, technology has both hindered and enhanced the recruitment process. Businesses need to be aware of the challenges and opportunities that technology presents in order to use it effectively.
Sample Answer here are three ways HR can use competitive advantage in the marketplace to recruit new, qualified applicants:
  1. Focus on employer branding.** Employer branding is the process of creating a positive image of your company as an employer. This can be done by highlighting your company's culture, benefits, and opportunities for growth. When you have a strong employer brand, you will attract more qualified applicants who are interested in working for your company.
  2. Use technology to your advantage.** Technology can be a great way to reach a wider audience of qualified applicants. You can use social media, online job boards, and applicant tracking systems (ATS) to reach out to potential candidates. Technology can also help you to automate your recruitment process, which can save you time and money.
  3. Be creative with your recruiting strategies.** There are many different ways to recruit new employees. You don't have to rely on traditional methods, such as posting job ads on job boards. You can get creative with your recruiting strategies by attending industry events, networking with potential candidates, or offering referral bonuses.