Tech advancements, shifting consumer and prosumer behaviours and a competitive global markets are pushing the demands placed on marketing professionals. This evolution has created a unique challenge for businesses: finding and hiring top-tier marketing talent.
Key Challenges in Marketing Hiring:
Skills Gap: Traditional education is still far behind tech advancements, leading to a shortage of marketing professionals skilled in AI, digital, social, content, and data areas. According to ‘Gartner CEO and Senior Business Executive Survey 2023’ 26% of CEOs rank talent shortage most damaging to business outlook.
Specialised Roles: Growing marketing complexity demands specialised roles, making it hard to find candidates with specific skills and experience. With the rise of AI we will find more and more new skilled roles appearing and a challenge to identify and place experts.
Competition for Talent: High competition for marketing talent drives up salaries and makes it difficult to attract and retain top performers.
Remote Work: Remote work expands the talent pool but poses challenges like cultural fit, collaboration, and virtual team management. According to the Gartner Report ‘How HR Leaders Navigate Return to Workplace Pressures and Other Challenges’, 75% of workplaces have an on-site attendance requirement, whilst 26% report their employees fully comply, which means 74% of employees do not.
Strategies for Effective Marketing Hiring
To overcome these challenges and attract top-tier marketing talent, businesses should consider the following strategies:
-
Invest in Skills Development: Provide opportunities for existing employees to upskill and reskill through training programs, workshops, and certifications.
-
Leverage Diverse Talent Pools: Expand your search beyond traditional recruiting channels to explore underrepresented groups and diverse talent pools.
-
Offer Competitive Compensation and Benefits: Ensure that your compensation and benefits packages are competitive with the market to attract and retain top talent.
-
Create a Strong Employer Brand: Build a positive employer brand that highlights your company culture and values, ensuring employee advocacy whilst creating opportunities for business growth
-
Focus on Cultural Fit: Assess candidates not only for their skills but also for their cultural fit with your organisation.
By understanding the key challenges and implementing effective strategies, businesses can navigate better through these changes and attract the top talent they need to succeed.
Look out for future blogs from the team, as we’ll delve into more detail on each challenge and strategies to overcome them.