A word to the wise…
Ebbs and flows in the employee/employer marketplace are nearly as predictable as the rise and fall of the tides.
However, we doubt seriously that the Moon has anything to do with current employee availability.
We are in a time period where employers are interviewing candidates we send to them and making decisions almost immediately, if not right then and there. There is a shortage of people seeking new positions. We’re not using our Crystal ball.
We see candidates being hired more quickly than before, sometimes following the interview today. That is the “new normal” if we can steal a phrase from someone.
We’re seeing a significant increase in the number of ‘offers-on-the-spot’ at the time of the first interview for some positions.
If that simply is not ever done in your world we understand, but we would’ve been remiss had we not brought this to your attention. Some companies have also moved their normal 4 interview process to hire to 2 or 3. I
It would be reasonable to wonder about the caliber of the talent available given this level of demand. We expect you would be cautious in your decision-making. The marketplace has moved many employers to the point of having to consider the impact of under-employment, open spots that need good people in them, to be more a factor than usual.
So, all this having been said, we know you’ll do as you feel is necessary for the good of your business and for your clients and customers.
We do the same, but we’re doing it a bit more quickly today than a year ago. If we were accustomed to placing 6 or 7 of every 10 we interviewed, we are still placing that number or slightly less. We are, however, also placing them considerably more quickly. Our clients need to fill their ranks or disappoint their customers with slower delivery, etc.
This isn’t necessarily good or not-so-good; it is what it is and it is that way for everyone in the market for new employees and replacement employees.
We don’t hear “take your time” anymore when we take an order for one or more new hires. The costs per hire might be increasing a bit faster than we’d all like, but supply and demand is working as reliably as always.
We’d be remiss if we didn’t also say to those seeking a new position that we’re ready to help you move as quickly as possible. You will also need to be ready to say “yes” because it can happen that quickly today.
Tom Krist, CEO