The Targeted Hire: 7 Benefits of a Targeted Recruitment Strategy | Toggl Hire
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The Targeted Hire: 7 Benefits of a Targeted Recruitment Strategy

Juste Semetaite Juste Semetaite Last Updated:

Usually, when hiring gets really tough, recruiters turn to targeted recruitment strategies.

Don’t worry, though; the targeted in targeted recruiting has nothing to do with bad intentions πŸ‘€

The talent team is constantly filling stacks of different job types for the business. While some roles require a general blast to attract loads of candidates, others are better suited to a more laser-like approach.

Especially when you need talent for a specialized or niche role, look no further than a targeted recruitment strategy.

Already familiar with targeted recruitment? Skip down to the strategy and benefits section…

What is a targeted recruitment strategy?

A targeted recruitment strategy is a way of sourcing and hiring candidates for a specific role. This approach is useful when recruiting for roles that require a very specific background and skill set and tend to fit well with technical positions, such as a Laravel developer.

With targeted recruitment, the hiring manager can narrow down the scope of the candidate search and focus their recruitment advertising efforts, saving time and reducing hiring costs.

A targeted hire is when the talent acquisition team source and hire someone to fill a very specific role or hiring need. Essentially, narrowing down your advertising efforts based on a specific differentiating factor, from geography to skills or experience.

But, if you take a look at the ethics of targeted hiring, you may find some mixed opinions. The very nature of targeted recruitment is to source candidates from a narrowed scope of potential job seekers.

And, as long as the process is inclusive to those who would be a good fit for the role, then you’re on the right track. But, if it excludes people that could do the job yet are not made aware of the job β€” that is where the ethics could be questioned.

Narrowing down your focus will help you discover candidate sources that are in line with your ideal candidate profiles.
Narrowing down your focus will help you discover candidate sources that are in line with your ideal candidate profiles. | Source: Jobvite

However, the main thing to realize is that it is legal. Even so, recruiters need to be careful when crafting their messaging for these job ads. The key thing is that the messaging must not discriminate on the grounds of age, gender, sexual orientation, race, religion, or disability.

How is targeted recruitment different from open recruitment?

Let’s dive deeper into the difference between targeted recruitment and the other end of the scale β€” open recruitment β€” so you can distinguish whether you need a laser-focused approach or are seeking your treasures closer to the surface of the recruiting pool.

How do I know if I need an open recruitment strategy?

Open recruitment or open hiring is a very broad approach to talent acquisition. It opens up the recruiting floodgates to a tidal wave of potential candidates. This approach works best for generalist roles that don’t require specialized experience or skills.

And this often involves using bigger job boards like Monster, Indeed, or LinkedIn, to get the word out far and wide. With this type of hiring process, companies often lean on their employer brand to attract candidates. For instance, Netflix, G2, and Apple could easily use their trendy employer brands to make quick and easy hires for trainable roles.

The downside of open recruiting is that it’s more time-consuming as your team will have to sort through a much larger selection of candidates. Luckily, if open recruiting is what your team needs to do, you can still narrow down the selection using CV keywords or pre-employment skills tests. Automating the screening process will definitely make your team’s life easier!

Or will a targeted recruitment approach work better for us?

So, how is a targeted approach different? Well, a targeted approach narrows the eye of the needle, where only candidates that have the necessary skills (and/or other requirements your team selected) will make it to the next step in the selection process.

When to use open vs targeted recruiting

Targeted recruitment strategies are especially effective for filling difficult or specialized roles. Roles that hinge on technical knowledge, like a nuclear physicist. Clearly, that’s not something you’d trust just anybody to run with!

When it's too expensive to risk a bad hire, companies turn to <a class=
When it’s too expensive to risk a bad hire, companies turn to talent assessments to find the perfect skills match.

In contrast, when your organization needs to fill a position quickly, has entry-level roles, or roles where extensive training will be provided, like opening a new call center, then open recruiting is your go-to approach!

How do you create a targeted recruitment strategy?

The goal of a targeted recruitment strategy is to efficiently and effectively find the best candidates for the job rather than relying on a broad, general recruitment effort. And it helps to follow a strategy in order to successfully set this up for your team.

Let’s take a look at some of the steps to create a successful targeted recruitment strategy:

  1. Analyze and identify the specs for the role: including the specific skills, experience, and qualifications the person will need.
  2. Create comprehensive candidate personas (based on your detailed job spec) to tailor the job descriptions and messaging so that it connects with that particular persona.
  1. Connect with your target candidates where they are: on job boards, industry web pages, online groups, and in-person or virtual meetups, for instance.
  2. Set specific goals for the strategy: such as higher diversity, lower employee turnover, and lower cost per hire. And be explicit in your goals, as that’ll make it easier to measure your progress and recognize success.
  3. Add in other core components: from budget to channels, interview techniques, and skills testing.
  4. Track your metrics to see what can be improved: what are you tracking, where, and how? Each metric, like the employee acceptance rate, candidate experience, and quality of the channel, should be tied to your specific goals.
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Data-driven hiring will help your team find the right candidates faster, help create a diverse workplace, and reduce cost per hire. | Source

  1. Bonus step: use employment market data to understand your hiring environment. For example, large layoffs in the tech industry will impact the competitiveness of the job market.

What are some common examples of targeted recruitment strategies?

Targeted recruitment is not used exclusively for sourcing the next exec for your business or for filling the more difficult technical roles. Let’s explore the broader application.

Recruit from educational institutions

Recruiters do sometimes target colleges or high schools to find candidates. In this instance, you’re probably wanting to fill entry-level or internship positions by recruiting at college campuses – or scouting for new recruits with a specific technical or educational background.

Other educational recruitment approaches could include targeting high schools for career development programs like Microsoft’s High School Discovery Program.

Sourcing candidates from college campuses can be an essential part of a targeted recruitment strategy for large businesses.
Sourcing candidates from college campuses can be an essential part of a targeted recruitment strategy for large businesses. | Source

  • Pros:
    • You’ll get good quality grads that can feed into your junior-level positions
    • A good source for internships
    • Builds good employer branding
    • Lower salary cost
  • Cons:
    • Candidates have little or no experience
    • Possibly low emotional intelligence levels
    • Lots of screening (but we can help you automate that!)

Advertise job openings where your candidates are

If you’ve got a technical role to fill, you’d do well by posting your job ads on niche job boards, specialist websites, or in specific publications, trade journals, industry magazines, or their websites – for instance, the Snowflake community for fellow users of their cloud software.

  • Pros:
    • Gain qualified candidates that meet your specs
    • Candidates will more likely have the exact skills and experience you’re looking for
    • Reduce hiring costs as you’re screening fewer candidates
  • Cons:
    • Higher salary bracket
    • Less reach for your advertising efforts
    • Smaller group of applicants to choose from

Fill job openings with employee referrals

You can save on job advertising costs in your targeted recruitment strategy when you reach out to your employees for referrals. Plus, networking with professional organizations or institutions, like the International Federation of Accountants (IFAC), can also help you connect with the specialist talent you’re looking for.

  • Pros:
    • Lower hiring fees
    • Building networks to streamline future hiring
    • Strengthening your employer brand
  • Cons:
    • Creating cliques within an organization
    • Handling fallout if a referred candidate is not selected

Where pay-for-performance fits in

A pay-for-performance compensation model is also considered a form of targeted recruitment. This is a performance-based program, usually used for roles such as sales or manufacturing, where more deliverables equal better pay.

  • Pros:
    • Good way to attract and retain top, qualified talent
    • Gives employees a greater sense of control
  • Cons:
    • Can shift focus to quantity rather than the quality of work
    • Risk of subjectivity in reviewing performance

What are the benefits of targeted recruitment?

Acquiring quality candidates for your organization is an important task. Whether it be for entry-level positions or roles that require a targeted recruitment strategy, you play a key role in helping the business grow and be resilient. Let’s see what other benefits targeted recruitment has for your organization.

Help your company reap the benefits of a targeted recruitment strategy that reduces applicant volume and delivers improved quality candidates for that tricky job opening.
Help your company reap the benefits of a targeted recruitment strategy that reduces applicant volume and delivers improved quality candidates for that tricky job opening.

#1 – Higher quality candidates

A targeted recruitment strategy is the way to go if you need high-quality candidates that are competent and will be able to start producing value for the company in a short space of time.

Tips for hiring high-quality candidates:

  • It all starts with an attractive company culture
  • Seek out candidates with high emotional intelligence
  • Check your benefits are still relevant
  • Ensure a zippy application process

#2 – Save time and cost per hire

When the talent team leans on targeted recruitment methods, you’re able to save time and reduce the cost per hire, as you’re essentially screening fewer candidates.

Here’s a recent example of calculating the one-off costs of hiring an employee using an internal HR Manager:

  • HR Manager 30 hours effort – $7,700
  • 1-month job ad on Monster – $249
  • Basic background check – $50
  • IT equipment – $600
  • Training courses – $400
  • Employee support 20 hours effort – $6,000
  • New employee signing bonus – $2,000
  • Total – $16, 999

πŸ“š Further reading: read more about the true cost of hiring an employee in 2023

#3 – Challenging and difficult-to-fill jobs

Some open positions that are very technical, like a Full Stack Developer, or unicorn-type roles like Community Manager at a tech company, can be damn hard to fill. (We feel your pain!) So, by targeting candidates that will already tick most of the job spec boxes, you can make your job a lot easier.

#4 – Reduce turnover

When your team can easily source skilled candidates from the applicant pool, you’ll be getting closer to creating the dream team. Why? Because, adding the skills that are currently lacking will accelerate team performance and spark greater collaboration and innovation.

Help reduce staff turnover by using a targeted recruitment strategy that screens out unqualified candidates.
Help reduce staff turnover by using a targeted recruitment strategy that screens out unqualified candidates.

#5 – Higher employee satisfaction levels

You’re creating a more skilled workforce, which in turn leads to improved productivity and results in increased morale.

Take a look at these additional ways you can keep a smile on the dial of your workforce:

Targeted recruitment helps boost the morale of existing employees.
Targeted recruitment helps boost the morale of existing employees. | Source

#6 – A more diverse workforce

When your recruitment process is more targeted, you might want to focus on specific under-represented groups, creating a more diverse workplace.

Here are a few tips to improve your workplace Diversity, Equity, and Inclusion (DEI):

  • Improve accessibility for employees who are differently abled
  • Focus on greater employee accountability around DEI
  • It’s okay to get external help
  • Continue support for racial equality

πŸ“š Further reading: Learn more about disability laws across the globe.

Create a DEI strategy to ensure underutilized groups and ethnic minorities are not excluded from your recruiting process.
Create a DEI strategy to ensure underutilized groups and ethnic minorities are not excluded from your recruiting process. | Source

#7 – Attract passive candidates

Not all your talent treasures are actively looking for a new opportunity. However, a targeted recruitment strategy can attract the attention of passive candidates that fit the particular specs you’re after.

Plus, with a passive candidate:

  • There’s less competition
  • They’re under less stress so hiring is smoother
  • They’re likely to be more honest about their strengths and weaknesses

Are there any disadvantages to using a targeted recruitment strategy?

Though there may be one or two disadvantages, namely, ensuring your approach and messaging are ethical and inclusive, targeted recruitment strategies work.

Why? Because the benefits far outweigh the disadvantages. It’s a popular strategy for a reason β€” when used correctly and in an ethical manner. By applying best practices and using caution with the wording and targeting in job advertisements, companies should be able to avoid any litigation.

The wrap-up: 2 ways to boost your targeted recruitment strategy

Teams using targeted recruitment connect with a specific audience to scoop up the exact talent their company needs. And it’s a win-win for everyone when you:

  • Create detailed job requirements and expectations β€” do the research
  • Craft candidate personas to help understand and connect with the kind of candidate you’re looking for
  • Be careful with messaging to avoid any repercussions
  • Consider niche channels to reach your target group
  • Narrow down applicants with skills-based testing (our favorite, of course!)
  • Use data to track and measure results and improve your strategy going forward
Make sure your targeted recruitment efforts pay off by employing skills assessments throughout the hiring process.

And lastly β€” for the special kind that actually read right to the end of blogs β€” 2 bonus ways to boost your targeted recruitment strategy:

  1. Utilize skills testing for screening and finding qualified candidates fast.
  2. Don’t underestimate the power of onboarding to realize the broader benefits of your targeted approach, such as boosting employee satisfaction and reducing turnover.

Start filtering out quality candidates with the technical and soft skills your business needs now using Toggl Hire’s user-friendly skills assessments.

Juste Semetaite

Juste loves investigating through writing. A copywriter by trade, she spent the last ten years in startups, telling stories and building marketing teams. She works at Toggl Hire and writes about how businesses can recruit really great people.

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