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Recruiters working in the same industry and location are often competing against each other for the same talent. But they’re competing with more employers than those in just the same area or industry. Talent competition extends beyond that.
Figure 1: Our definition of “talent competition”
You might have a talent competitor because they offer a low barrier to entry and comparable wages. In this case, Abercombie & Fitch could compete with Taco Bell. The two are in different industries, but their part-time positions require minimal training and offer similar pay.
(Notably, talent competition decreases as roles become more specialized.)
This is all to say: the only way to out-recruit your talent competition is to first identify who they are. Keep reading for five ways you can do that with real-time jobs data.
Talent Competition Identifier #1: Industry
In-house and contracted recruiters know the first place to look for talent competitors is an employer’s own industry. It’s why so many sales executives in the tech space bounce from Zendesk to HubSpot to Salesforce. These companies all advertise competing products, and they require similar knowledge from their sales teams.
But talent competitors may also exist in adjacent industries. For example, a
