You can't just copy the best practices of the best firms in the market any more. You need your own data. Start by measuring the quality of hire, monetary value of your top performing employees and the most successful recruitment channels.
4. Build a strong employer brand
Involve both your managers and employees in the development of your image as an excellent employer. Focus on social networks and job fairs.
5. Do not offer only money
The best workers want a job they will like, find challenging and through which they will have a significant influence over something. Money alone will not persuade them. Be prepared to offer, for example, various forms of flexible working. You should also hire and develop top managers. The best workers will not work for bad bosses.
6. Do not be afraid
To get the best talent in the market, you have to have courage. Your managers and HR professionals should not be afraid to attract talent from your competitors. They must be aggressive enough and see competition for employees in the same way as competition for customers. Is it unethical to lure a customer away from a competitor?
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Article source ERE.net - Recruiting Intelligence. Recruiting Community.