Re-Post from: https://www.educative.io/blog/enterprise/the-future-of-hiring-and-up-skilling-top-tech-talent
Hiring and retaining employees may be difficult in today’s candidate-driven market, but it is even tougher when it comes to technical roles. In today’s world, enterprises are strapped for resources and struggle to balance new challenges such as:
- Candidates being increasingly in control during the interview process. Recruiting and hiring teams no longer hold all the cards. With the demand for engineers outpacing the supply, it is not uncommon for top developers to receive multiple offers which force competitors to provide additional perks or benefits.
- Employee attrition rates being at an all-time high in the tech industry. Since software developers hold power, they can leave at any moment. Turnover prevention is a critical responsibility as leaders need to ensure they meet business objectives.
Engineering hiring managers and recruiting teams are flooded with messages from companies designed to help enterprises hire, screen, and test top talent. While these companies claim that their process or product is ‘the best’, none of them have a ‘perfect’ solution.
According to the Bureau of Labor Statistics, software development jobs will grow 24% over the next ten years, but the number of new talent earning engineering degrees will only increase 17% over the same period. While the delta in the talent pool is growing, so is the average attrition rate across the tech industry.
Fortunately, there’s a better way
Some companies see Human Resources, recruitment, and hiring teams as cost centers, but we see talent acquisition, learning, and development teams as the heart and soul of an organization. Given this, companies are also capable of changing the way they address candidate success and employee career development.
At Educative, we believe being competitive depends on finding new paths to reaching tech talent, improving the pass-through rate of your interview candidates, and developing employee skill sets. Each organization has a unique hiring process and work environment; that’s why our candidate success and learning platforms enable companies to:
- Thoroughly test a candidate’s skills rather than how many fundamental terms they can memorize.
- Continue to train and up-skill their employees to meet the demands of the business and increase employee engagement.
While some employers imagine candidate success programs as giving out the answers to the test, we aim to improve the candidate pass-through rate by offering proficient candidates opportunities to prepare.
Recruiting & up-skilling employees
Companies need to invest in the overall success of current and potential employees. This starts with the interview process and continues with employee development. With this in mind, we have set out to cultivate a community of developers who want to learn from others and share their knowledge with others to maximize economic opportunity. Our platform and community is built for “developers by developers,” and starts by helping candidates prepare for interviews and build new skills in new technologies like machine learning, artificial intelligence, or data science.
- Educative Recruit reduces the time it takes to hire, decreases the overall number of unsuccessful interview candidates, and allows engineering hiring managers to focus their energy on driving innovation and growth in their organizations. By providing adequate preparation resources, the interviewer can focus on highlighting strengths rather than digging up possible weaknesses.
- Educative’s Learning platform provides a seamless learning experience for all users. Your employees won’t spend precious hours on setups and installations. Instead, your team can build career paths, and leverage time savings to apply their recently acquired knowledge to drive innovation in their organization.
Educative for business
Educative Recruit
- Increase candidate pass-through rate: By providing interview preparation courses, you can reduce the number of candidates your team has to interview for a position.
- Reduce the number of engineering hours spent interviewing: Give back hours to your engineering team so they can build great software that will drive progress and grow your organization.
- Improve the overall candidate experience: A positive candidate experience can impact a business’s reputation. How you treat potential employees reflects your brand and company values. A candidate’s network can serve as a powerful tool and can result in in-network referrals, or even that candidate being placed on a different team.
Educative Learn
- High-quality interactive content: All Educative’s courses can be accessed anywhere, anytime, on any device. The interactive in-browser learning platform eliminates the admin barriers of installations and setup and minimizes distractions throughout the course.
- Rotating licenses: Companies should receive the full value of their subscription. All enterprise plans are set up for users to check out licenses for a rolling 3-month period with no limits on the number of courses available.
- Personalized experience: Individuals can customize learning profiles based on the individual career goals, team, and company goals. Thus, focusing the team’s energy on bridging critical skills gaps.
Want to learn more?
Educative is a growing community of users and authors from around the world. To learn more about our products or how you can partner with Educative, check out Educative for Business or reach out to us at enterprise@educative.io.