Hire-Train-Deploy: The Strategy Companies Need for Tech Talent
The rapid evolution of the global tech industry has created a massive demand for skilled talent. However, most of the traditional ways of hiring fail to keep up with this change. As per the latest report, there is a huge shortage of skills globally with over 85 million jobs left unfilled because of a lack of talent by 2030 (Korn Ferry). This leads to decreased productivity, increased costs, and missed growth opportunities.
Through this blog, we will help you understand the HTD model and analyze the top strategies that all companies need to know for tech talent.
What Is Hire-Train-Deploy Model?
The Hire-Train-Deploy model has come up lately to help solve the talent crisis. This is a process that deals with the recruitment of persons based on potential, training them in required skills, and deploying them in roles that match their knowledge and skills. Such an approach not only fills up the talent but also builds loyalty in the workforce.
Unlike most typical hiring practices, however, this model is strategic and dynamic. It nurtures the supply of a trained talent pool against specific job demands; therefore, it helps close the skills gap. In fast-changing fields like tech, where new technologies are commonly put into use within very little time, recruit-train-deploy is more efficient. It saves time and money in conducting external searches since the employees have the specific latest training.
Why Is Hire-Train-Deploy Important For Tech Talent?
Addresses the Skills Gap
With the emergence of new technologies, the specialized skills requirement is increasing at a greater pace than the candidates can meet. Hire-Train-Deploy fills the gap by training the candidates in those very precise requirements matched with their job roles to immediately contribute to the requirements.Reduces Hiring Risks
A lot of recruitments fail or have mismatches due to a gap in the job requirements and the capabilities of prospective candidates. Through the Hire Train-Deploy method candidates are evaluated by training; therefore, the chances of wrong hires are reduced during recruitment, and they fit better in the role. It helps businesses to make constructive decisions toward long-term success.Scales With Evolving Needs
With the constant evolution of the tech industry, the demand for different skills changes rapidly. The Hire-Train-Deploy model is adaptable, enabling companies to continuously train new talent for emerging technologies. This flexibility ensures organizations can meet future tech demands without constantly overhauling their recruitment strategies.The Challenges Of Traditional Recruitment
Traditional recruitment methods in the tech industry are struggling to meet modern demands. A majority of applicants do not have the necessary skills for demanding new technologies. This situation, as reported by LinkedIn, is taken by 40% of employers as one of the major hitches in the path of hiring. What follows? Vacancy spells that last longer than normal and lead to the noncompletion of significant projects and lower productivity. And yes, around an average cost of $4,700 increases the burden on dollars. Additionally, the tech industry is known to have horrible turnover rates because its employees are always in search of greener pastures. Retaining talent is hence as problematic as hiring talent. Other factors that need to be considered in recruitment are scalable many trained personnel cannot be sourced from the traditional approaches in a short period. All of these challenges blatantly need a flexible and proactive solution such as the Hire-Train-Deploy model.What Is the Benefit Of The HTD Model?
The model Hire-Train-Deploy allows firms to close the skills gap as it allows them to hire candidates based on their potential, rather than past qualifications. It ensures that training is specifically aligned with the roles for which employees are hired, which helps improve their job performance. Below are some of the best benefits of the recruit-train-deploy model.- Bridges the skills gap: Hires based on potential and trains candidates for specific roles.
- Cost-effective: Reduces both time and costs as it generates savings on long recruitment processes and the recruitment agency.
- Improved job performance: Tailored training will equip employees to get the exact skills they need for their roles.
- Increased employee retention: Employees expect to be better valued with the training provided for their profile, which increases job satisfaction.
- Lowes turnover: Fewer employees leaving is an advantage for developing a workforce with high stability.
- Boosts company growth: Organizations moving into the Hire-Train-Deploy ecosystem witness boosted performance and evolve with time.
The Future Of Recruitment: Advanced Strategies
The landscape of tech industry hiring is evolving, and traditional recruitment methods are no longer sufficient to keep up with the pace of technological change. The Hire-Train-Deploy model not only helps fill current skill gaps but also prepares businesses for future challenges.
Employing a trainable talent hunt ticket rather than experience alone views capability as an asset in creating a talent pipeline that can tackle new and even unforeseen challenges. It also ensures that your crew stays nimble and ready to turn at the inclination of new technology.
As the pool of such skillful workers continues to grow, so will these conscientious companies find themselves at par in competition with others. Hire-Train-Deploy would not be an approach of the current era; it has become part of the future of recruitment in the tech industry.
Why Antra?
At Antra, we bridge talent gaps with customized HTD models and solutions that exponentially accelerate your workforce capabilities and business growth. We take the guesswork out of talent acquisition by sourcing top candidates, providing customized training tailored to your industry needs, and deploying them, ready to make an immediate impact in your business’s success journey. Here’s why you can bet on us:- Reduced hiring risks – Assess candidates post-training, reducing hiring risks and allowing focus on core operations.
- Cost-effective staffing – Save on recruitment and training costs, with flexible workforce scaling based on project demands.
Want to elevate your recruitment process with the Hire-Train-Deploy model? Contact us today.
Frequently Asked Questions
How does HTD talent work?
In the Hire-Train-Deploy model, one would hire candidates on a potential basis, train them in a specific role, and then deploy them into that specific role. This is obvious that it equips the employee with the exact skills needed for his job, filling the gaps in the skills and improving them for his job performance.
What is a train-and-hire model?
‘Train and hire’ means training individuals and then offering them a particular role. It sounds pretty similar to HTD, but typically, a train-and-hire program trains the candidates and later offers an opening to them instead of hiring first and training for the role.
What is the difference between HTD and STD?
The differentiation of both HTD (Hire-Train-Deploy) and STD (Select-Train-Deploy) lies in the recruitment phase.
As per HTD, firstly the candidates are hired, and then only they are trained for the particular role which they would be doing. In contrast, to the process of selection, training takes place, and then only deployment into their roles is possible within STD.
What is the full form of the HTD model?
The full form of the HTD model is “Hire-Train-Deploy”, a method of recruitment where organizations hire staff based on their potential. They are then trained adequately in order that they can be deployed in positions that match their newly acquired skills to the job roles required by the company.
Contact Antra today to transform your hiring strategy with the power of AI.
