Manufacturing companies contribute greatly to the growth of the economy of a country. The U.S. specifically has many manufacturing industries, however, most of them lack workforce power and the challenges of finding the right talents to fill a position are daunting owing to many people’s beliefs regarding careers.
Finding the right individual with a heterogenous skill set at the right time, place, and position is where the talent marketplace comes into play. Some people still believe the manufacturing industry is poor in the use of technology which is why skilled people are not applying to fill the vacant positions. But with the talent marketplace, U.S. manufacturing companies will have the opportunity of selecting the right candidate to occupy a position and also show the citizens the improvement in the industry.
Also, due to the technical nature of today’s manufacturing facilities, heterogeneity, geolocation, and specialized skills by job type, it is even more difficult to rely on old hiring and recruitment tactics. While experienced talent acquisition people and niche job boards help, utilizing a talent marketplace can lead to identifying internal talent at higher rates while retaining current employees. The following are the reasons why U.S manufacturing companies should create and use a talent marketplace:
1. Access to a circle of talented and admirable workers
The talent marketplace provides the manufacturing industry with a larger pool of talented workers than hiring through the job board. It uses powerful software to find hot-breed workers and connect them with the right opportunity. It provides employers and employees with more options over the deal.
2. Automated workflow and hiring
Manufacturing companies can automate the recruiting process, and hire qualified people more quickly by using vertical talent markets to fill positions that are difficult to fill.
Talent marketplace user-friendly procedures enable employees to spend less time looking for their next assignment or promotion. It allows the creation of new seamless employee recruiting and retention processes in the manufacturing industry.
3. Reduction in cost
One of the reasons why U.S. manufacturing companies should look into creating and using a talent marketplace is the reduction of cost. Offline recruiting agencies’ fees, mobilization, and training packages are not necessary for the talent marketplace.
4. Pre-screened and validated candidates
It enabled all workers to be screened properly and picked out the best candidates that fit a position. There is no bias in its matching.
In conclusion, with the state of U.S. manufacturing industries, it is arguable that the talent marketplace is the best solution to provide a diverse workforce for productive activities.
Here’s what you’ve missed:
History of Talent Marketplace: Definition, Differs from Job Boards, Benefits and Features
Talent Marketplace: Creating The Future Workforce U.S. Manufacturing Companies