All articles
Commentary

What Is Talent Competition?

By
Peter Weddle
July 7, 2024

Peter Weddle

Recruiters working in the same industry and location are often competing against each other for the same talent. But they’re competing with more employers than those in just the same area or industry. Talent competition extends beyond that.

You might have a talent competitor because they offer a low barrier to entry and comparable wages. In this case, Abercombie & Fitch could compete with Taco Bell. The two are in different industries, but their part-time positions require minimal training and offer similar pay.

(Notably, talent competition decreases as roles become more specialized.)

This is all to say: the only way to out-recruit your talent competition is to first identify who they are. Keep reading for five ways you can do that with real-time jobs data.

Reach this post on the Blog at Aspen Tech Labs, a TAtech Member Company

By
Peter Weddle
July 7, 2024
TATECH BUSINESS NEWZ

Keep your finger on the pulse.

Get TAtech's weekly roundup of talent technology news and business insight in your inbox. Delivered weekly. Curated for the industry.
Powered by ProfitJam