Today's talent pool is the largest ever. Unfortunately, the fact does nothing to alleviate the reality that there's a serious shortage of skilled talent. According to ManpowerGroup's 2011 Talent Shortage Survey, 52 percent of U.S. employers are increasingly challenged to fill mission-critical positions within their organizations. That is a dramatic increase from only 14 percent in 2010, and the highest U.S. percentage reported in the annual survey's six-year history.
This recruiting crisis has escalated competition for the skilled worker, who is all too often already employed and not actively seeking a new job. Reaching and engaging these passive candidates in traditional ways is obviously not working. However, recent advances in candidate sourcing and employee selection offer recruiters the ability to expand candidate reach and dramatically improve recruiting results. Savvy organizations are already winning the talent acquisition game by effectively deploying the latest innovative talent acquisition technology: video interviewing.