2016: A Candidate Driven Market
A candidate driven market, what does that mean? It means that candidates: have the freedom to select their desired position from multiples companies, they will be scouted by Recruiters looking for their specific skill set, they will be more encouraged to negotiate their salaries and they will make the decision to change their job when they become unhappy more easily. With all of the changes in this market it would be helpful to adjust your hiring practices for a 2016 candidate drive market. Here are a few ways to do so:
- Consider different approaches: if you’ve been recruiting in house, maybe consider using a Recruiting Firm to carry that load, expertise and use in house resources for core business. Leave the scouting to the experts.
- Be decisive: When you know what you’re looking for and find it, make an offer. The longer you wait around in this market the more likely that your desired candidate will be offered another appealing position.
- Prepare for counter offers: Be upfront with candidates on your expectations on salary/benefits but don’t low ball candidates in hopes for better lee way during negotiations. Make a good offer up front and show you’re serious about the offer.
The simplicity of offering a job and it being accepted quickly is no longer the case. In this market, the 2016 candidate driven market, applicants are looking for the best fit and have the freedom to do so. Consistently look for the right fits for your needs and when you find them, move fast and make a serious offer in order to employ skilled workers.