Invest in SDR Talent: It Pays Off. Remember, competitive compensation isn’t just a cost—it’s a strategic investment. Here’s why offering competitive BDR compensation in today's market attracts the best talent: (you can reap the benefits too) Quality over quantity. ↳ it’s a simple truth that applies to building a strong sales team. Our insights reveal that top talent isn’t just drawn to roles by passion or possibilities—they’re significantly motivated by competitive compensation packages given the current economic state - Attract the Best: Top performers are more likely to engage with companies that recognize and reward their skills appropriately. - Reduce Turnover: Competitive compensation packages are crucial in retaining talent, minimizing the disruptive cycle of hiring and retraining. - Drive Performance: Fair and attractive pay boosts morale, increasing productivity and fostering a commitment to company success. Reflecting on our data from last year, companies that offered market-rate or better compensation for BDR roles saw remarkable improvements: - Enhanced Retention: A noticeable decrease in turnover, saving costs related to recruiting and lost productivity. - Elevated Morale: Higher satisfaction among BDRs, correlating directly with enhanced performance metrics. - Superior Talent Pool: Attracting higher quality candidates who bring innovation and drive to their roles. The return on investment? Substantial. ↳ Paying competitively isn’t just fair—it’s smart business. This year, we’re encouraging all our partner companies to consider the real value of top talent. Are you ready to adjust your strategy to secure and nurture the best? Discover more about the power of competitive compensation through our compensation guide on our website https://lnkd.in/ecgxCBdm
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Little FREE-AD-VICE and to the point. Recruitment/Retention campaigns are here to stay. All business compete and not only for customers. I absolutely love meeting with smart, forward thinking business owners and organization leaders that value their current and incoming employees. Some of the strongest organizations and businesses realize that their Human Resource department is part of the sales team. All business owners and leaders know that turnover is expensive and very disruptive to the flow of business. Human Resource departments are a lifeline to their business or organizations. Turnover can, and will cause the bottom line, and top line, to suffer. That's a fact that top tier leaders understand, embrace and address through comprehensive planning. It is all by design. I often meet with businesses focused on how to acquire market share from their competitors and many make sizeable investments to achieve those goals. That's business and I enjoy helping my clients and friends. That's my job. To this point, I also often meet with businesses focused on how to acquire talented employees from their competitors as well. That's business and I also enjoy helping my clients and friends achieve those goals. That's also my job. If you are struggling to find employees or retain them, I think it is good to understand all the resources that are out there that can assist you with your efforts. It is also good to understand how some businesses are navigating the troubled waters regarding recruitment and retention. As always, I am here to help anyone that would like to learn more about how myself and my team at Townsquare can help your business or organization meet your goals. It costs nothing to talk. It's FREE! Reach me today at free.martin@townsquaremedia.com Have a great Friday.
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ROI-driven Employer Branding for every company | Transform 2024 finalist for Inspiring Resource of the Year 🏆
Talent strategy answers the question, "How will you achieve more (pipeline, hires, etc) when everyone is looking to slash your budget?" 🙋 If your answer is, "We're going to buy a new tool," how are you going to pay for it with less budget? 🙋 If your answer is, "We're going to invest in sourcing," you're saying that sharing your mediocre brand reputation to more people is a solution? 💁 If your answer is, "We're finally going to take advantage of our CRM," do you have anything interesting or different to tell candidates, or are you just saying what everyone else is saying? 🤷 If your answer is, "We're going to recruit harder," you know you're in trouble, right? You have the resources you need to do amazing things. What you're lacking is the strategy to make it happen. And in one hour, I'll teach you how to build your strategy. https://lnkd.in/g44xrXjV. You only have two days left to take it at the discounted price of $25. #TalentAcquisition #TALeader #Recruitment
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Salesforce Head Hunter, Recruiting the top 10% of Salesforce professionals across the Salesforce product space
𝐑𝐞𝐭𝐚𝐢𝐧𝐢𝐧𝐠 𝐓𝐨𝐩 𝐓𝐚𝐥𝐞𝐧𝐭: 𝐂𝐨𝐦𝐩𝐞𝐧𝐬𝐚𝐭𝐢𝐨𝐧 𝐒𝐭𝐫𝐚𝐭𝐞𝐠𝐢𝐞𝐬 𝐢𝐧 𝐒𝐨𝐟𝐭𝐰𝐚𝐫𝐞 𝐒𝐚𝐥𝐞𝐬📈 In the competitive landscape of software sales, retaining top talent is as critical as acquiring it. As a seasoned recruiter specializing in the tech industry, I've seen that while many factors contribute to employee retention, effective compensation strategies stand out as a pivotal element. Here's how dynamic compensation structures can make a substantial difference in retaining your best sales professionals. Compensation is more than just a paycheck. It's a reflection of how much a company values its employees. In software sales, where the pressure is high and the demands are ever-increasing, a well-thought-out compensation strategy can boost morale and motivation, leading to better retention rates. Innovative Compensation Strategies: ➡️ Performance-Based Bonuses: While base pay is essential, adding performance-based bonuses creates an incentive for sales professionals to exceed targets. This not only drives sales but also aligns personal achievements with company goals. ➡️ Equity Offerings: Offering stock options or equity stakes can be a game-changer. It not only provides financial incentives but also fosters a sense of ownership and belonging among team members, encouraging them to think like stakeholders in the business. ➡️ Tiered Commission Structures: Implementing tiered commissions that increase with sales targets can motivate salespeople to push their limits. It ensures that high performers are adequately rewarded, reinforcing their efforts and loyalty to the company. ➡️ Profit-Sharing Plans: Including sales professionals in profit-sharing plans can enhance their commitment to the company’s success. Knowing that improving company performance directly benefits them can motivate employees to work harder and stay longer. ➡️ Non-Monetary Perks: Sometimes, it's not all about money. Flexible working conditions, opportunities for advancement, professional development programs, and wellness initiatives can also significantly enhance job satisfaction and loyalty. Retaining top talent in software sales requires more than just competitive compensation packages—it demands a strategic approach that values and motivates employees continuously. If you're exploring ways to enhance your team's retention through innovative compensation strategies, or if you need advice on how to structure these plans effectively, let’s connect. Together, we can ensure that your compensation strategies not only attract but also retain the top-tier talent that can drive your business forward. #TalentRetention #CompensationStrategies #SoftwareSales #SalesLeadership #JamesHick
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Join 350+ Recruiting Firms: Unlock Fast Growth and Dominate Your Market With The Relevant Recruiter Method
The Great Divide in Recruiting: Thriving vs. Surviving Right now, the recruitment industry is witnessing a clear divide. On one side, there are those who are struggling—agencies that relied too heavily on legacy clients or thought referrals alone could sustain their business. Those stuck in the outdated mindset that success comes solely from outbound cold calls or that presenting an MPC is the key to business development are finding the current market unforgiving. Then, there are those who are thriving. These are the firms that have recognized the power of equipping their teams with the latest in systems, automation, AI, advanced technology and branding. They understand that the right strategy transcends any tool and that success is about influencing what’s in their control, not being swayed by economic tides. The difference is stark. Thriving agencies invest in their people and innovate relentlessly. They focus on crafting strategies that are not just about surviving but about leading the way in a fiercely competitive industry. If you’re still banking on the methods of the past, it’s time to pivot. Embrace change, adopt new technologies, and prioritize strategic overhauls. It's not just about keeping up—it's about setting the pace.
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One seasoned in-house #recruiter told me, "Day one is the company induction and on day two you're expected to get on the phones." Dive into the challenges, opportunities and a vision for the future of talent acquisition via @adamgordon Poetry - the self-serve recruiter workspace for TA teams on Workday (and other ATSs) This article still rings true...next week...the list you need #recruiterenablement #Talentacquisition @recruitingdaily @recruitingblogs https://lnkd.in/eWMWwS2X
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Elevating Business Efficiency: The Power of Technology Platforms! In today's fast-paced business landscape, leveraging the right technology platforms isn't just a choice – it's a strategic necessity. We recently came across a fantastic Forbes article that highlights the impact of choosing the right software for business functions. It's an eye-opener, shedding light on how businesses can streamline operations and elevate their growth trajectory. From recruiting to customer management, these platforms bring unmatched efficiency and organization. They help us save time, make informed decisions and stay agile in a rapidly evolving market. Remember, the right technology isn't just a tool – it's a catalyst for innovation and a key driver of success. Let's stay ahead of the curve and embrace the possibilities technology offers! 💼🌟 https://lnkd.in/dqm8dN66 #Forbes30Under30 #FoodandDrinkInnovators #LinkedIn #Career #JobSearch #Networking #ProfessionalDevelopment #Leadership #Workplace #Success #CareerAdvice #JobHunting #Entrepreneurship #PersonalBrand #Skills #WorkLifeBalance #DigitalTransformation #RemoteWork #Innovation #DiversityAndInclusion #FutureOfWork #JobInterview #ResumeTips #MotivationMonday #TechTrends #CareerGoals #JobMarket #TechJobs #JobMarketInsights #Promotion #CareerGrowth #RecruitGigs #TechAdvantage #BusinessGrowth #EfficiencyBoost
Best Recruiting Software (August 2023)
forbes.com
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One seasoned in-house #recruiter told me, "Day one is the company induction and on day two you're expected to get on the phones." Dive into the challenges, opportunities and a vision for the future of talent acquisition via @adamgordon Poetry - the self-serve recruiter workspace for TA teams on Workday (and other ATSs) This article still rings true...next week...the list you need #recruiterenablement #Talentacquisition @recruitingdaily @recruitingblogs https://lnkd.in/gTVfdJG7
Closing the Gap: The Role of Recruiter Enablement
https://recruitingdaily.com
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The movement towards subscription models offers many opportunities and numerous benefits to customers. In the recruitment industry, a subscription model challenges the traditional recruitment business model. Hiring the best talent continues to be a challenge for every business, whether you are just starting or looking to scale. We introduced a remote but embedded subscription service providing customers with unlimited hires for a set monthly fee. Embedded focuses on developing a remote talent team that corresponds directly to each individual and their business. https://hubs.ly/Q02fdYM-0
the rise of subscription services in the recruitment industry. — the rec hub.
rec-hub.com
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Talent is scarce. Here's how to fix it within 1 year: If you had all the talent, you would not feel the scarcity. Your competitors would. Your company could reach business goals, innovate and attract more customers. You would have a true competitive advantage that is difficult to replicate. Read the case study how a financial services firm fixed the issue. Now it is your turn to put your company ahead. Innovative talent engagement strategies, driven by just-in-time CRM content, help leading financial services firm hire more than 1,000 contingent workers in one year.
MSP case study: filling contingent roles faster with leading-edge talent marketing strategies.
insights.randstadsourceright.com
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In the dynamic landscape of business-to-business (B2B) interactions, the decision of when to hire is pivotal. Whether it's scaling operations, adapting to market demands, or expanding into new territories, hiring decisions can significantly impact the trajectory of a company. However, determining the right time to bring new talent on board requires a strategic approach and careful consideration of various factors. Check it out our new article. https://lnkd.in/dsEdRXW6 #hiring #foxhumancapitalus #talents #candidates #b2b
When to hire?
https://foxhumancapital.com/
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