Despite a market size of $154 billion dollars (2019), the recruiting industry in the United States remains firmly stuck in the past, relying on outdated, expensive methods. This helps explain why companies looking to fill rolls often have to shell out thousands of dollars to recruiters and it still takes an average of 36 days to fill an open position.
I recently read a piece on this site that laid out the hiring plans of several healthcare facilities, and how they’re working to find solutions to the ongoing issue of finding new talent while retaining their existing workforce.
Current hiring practices are still relying on the same practices, and in the rapidly changing healthcare landscape where employers are often competing for the same candidates, staying the same is tantamount to falling behind.
Healthcare facilities are moving toward new solutions to hiring challenges, although many display hesitations when it comes to fully embracing these ideas.
In order to thrive in this industry, hospitals and healthcare facilities need to rely on open networks for hiring, rather than closed ones.
A company that's crowdsourcing job candidates for health care clinical positions netted a new round of financing from a fund affiliated with former Sen. Bill Frist as it looks to upend the way clinicians connect to open positions.
Relode uses web and mobile software to list jobs that take referrals from agents—anyone who signs up can be the headhunter much like anyone with a car can be an Uber driver—around the country. Instead of relying on the network of a couple of professional recruiters, Relode agents may be a colleague, friend or acquaintance.
I was reminded of Thomas Friedman's book, "The World Is Flat," earlier this month when attending Inc. magazine's GrowCo conference in Nashville. In his book, Friedman discusses decentralized, collaborative, bottom-up development, where all competitors have an equal opportunity. After hearing from speakers at GrowCo, I realized that technology really has created a level playing field for global entry, collaboration and competition in all industries.