Market Mapping is outlining the employment setup of the current market. At one point it can be a better way to approach attracting candidates to your business.
Why Would You Create a Market Map?
Decide who to hire next.
We are providing you a snapshot of the market with the mapping. It will help you to decide exactly what role you’ll hire. How many candidates on the market as active or passive? Getting an understanding of how your (often larger) competitors structure their companies will give you a vision for your own future.
Attract high quality passive candidates
Our experiences shows us that while 85% of candidates are open to finding a new job , only 25% of them are actively searching.
Passive candidates make up 70% of the global workforce , whereas active candidates only make up 30%. If you don’t source candidates from both groups, you are limiting your search for talent.
The core reason you put together a Market Map is to begin attracting high quality candidates to an open role. A market map also allows you to approach passive candidates directly, confident that your role will be of interest and in the right salary ballpark.
Once you gather all this information, you should have a pretty good idea of what roles you need to hire, what is the future of your industry look like, what potential candidates look like, and how competitive your salary packages are. This information will make it easier for you to figure out whether you need to staff up the roles you’re thinking about and whether you can afford it.
How can we help you?
Dramatically maintain clicks-and-mortar solutions without functional solutions.