Each organization prioritizes their business needs differently. Although hiring the right people is universally crucial to a company’s success, many organizations are not utilizing the proper recruitment tools. It’s been found that 93 percent of CEOs feel that they need to change their strategy for attracting and retaining talent, according to PwC, but 61 percent don’t know where to start.
With recruiting being more complex and dynamic than ever before, choosing a recruitment technology platform gives companies the opportunity to streamline their talent acquisition tools, mitigate compliance risks and more.
Making a decision that is right for your company includes hours of research, countless conversations, and a set budget. Having the right budget to work with makes all the difference in researching the best recruiting tools. If you don’t have a proper budget allocated, you could end up with a sub-par recruiting tool, leaving your business struggling to hire top talent.
Preparation is key when convincing executives to determine or approve any budget. But are you fully equipped to build your case? We’ve put together five tips to help convince your C-suite that you need a budget for new recruiting tools and technologies.
Now that you’ve gained further insight into how to properly prepare for speaking with your C-suite regarding budgeting for new candidate sourcing tools and technologies, prepare your plan of action to move forward. Your proposal is worthy of an investment and if you come prepared with all of the points listed above, you will be able to start a conversation around the identified business need for new recruiting tools. As a result, investing in the right candidate sourcing technologies through proper budget will make sure your time is not wasted – both now and later.
Whether you’re ready to purchase your first applicant tracking system or know it’s time to switch from your ERP or current talent acquisition provider.