Yahoo!news: it’s a job seekers market.

March 17, 2022 Mike Smith

With the talent supply tighter than it has been in decades, employers are looking for different ways to attract candidates, including outsourcing their talent acquisition process.

“It's certainly a job seekers market at the moment,” says Mike Smith, global CEO of Randstad Sourceright. “... each and every one of my employees is thinking about what work-life balance means for them, what flexibility means for them in a different way, and the silver bullet approach is not solving that, leading to the approaches that we're now starting to see.”

One approach that Smith mentions is challenging the idea of minimum job requirements, specifically when viewed through the lens of diversity, equity and inclusion. Increased flexibility in specifications can open up new talent pools previously not thought of when hiring for in-demand skills.

Smith advises employers to ask themselves: “How can I offer a value proposition that really stands out in the market and helps me get those critical skills that are going to allow us to drive growth?” 

Read and watch the rest of Smith’s interview in Yahoo!news and look to Randstad Sourceright’s 2022 Talent Trends Report for 10 ways to gain a competitive talent advantage in today’s challenging market.

about the author

Mike Smith

With a 16-year career at Randstad, Mike Smith brings a wealth of experience in the talent acquisition industry to his role as Randstad Sourceright global CEO. Smith joined Randstad in January 2005 as a graduate recruitment executive and has since held various operational and leadership roles for Randstad including managing Randstad’s business operations in Australia, managing director for Southeast Asia, CEO of Randstad UK and managing director of Randstad Sourceright in Europe, the Middle East and Africa. An active driver of Randstad’s “tech and touch” strategy, in his role as CEO, Smith continues to elevate Randstad Sourceright's customer value propositions, seek out ongoing areas for differentiation and embed change through investment in business transformation technology.

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