What’s It Like For Recruiters in 2022?
With the national unemployment rate at 4.2% (November 2021, U.S. Bureau of Labor Statistics) recruiters have a lot of competition out there trying to hire job candidates to fill open positions.
We all have COVID fatigue, especially in HR. So many recruiters were laid off during the pandemic when businesses shut down and cut their workforce. Now with “The Great Resignation” trend, finding a recruiter is nearly impossible and salaries for that position have gone through the roof.
The big HR word right now is ADAPT! For every successful hire you make, there are more and more openings to fill. And…a smaller and smaller applicant pool. It’s a never-ending stressor for your recruiters and the HR team. Add in the constant concerns about ever-changing COVID mandates and you can see why your recruiters may need some major encouragement and possibly help from outside recruiting services.
Younger job candidates think differently about work
The generational shift is taking place as more and more Boomers are retiring and taking a whole lot of tribal knowledge out the door with them. If your company has not created a sharing environment among employees as they transition into a Gen X and Millennial dominated workforce, your company’s loss is going to be substantial. Overall, most Boomers worked for the company. Millennials work for their career development. Although they care about compensation and benefits, they expect more out of their job. If they do not enjoy their job, aren’t learning new skills, feel under-valued or don’t understand how their work fits into the company, they will move on. Don’t think that you can use fear to keep them on task; they are not afraid to start new somewhere else that suits their needs better.
What are the biggest deal breakers recruiters face?
It is important for your job candidates to have a positive experience with your company right from the beginning. Taking too darn long to make a decision on your hire is a big issue. Too many interview rounds, non-competitive salaries in your first offer and leaving your job candidates hanging and out of the loop. If they are a good candidate, they are interviewing with multiple companies at the same time. They are going to choose the company where they had the best experience. Another deal breaker is inflexibility about schedules, working remotely and time off. Young people have a life and they are looking for some balance. They have no problem asking for it and there are lots of companies that will accommodate them. If you aren’t one of them, you may not make their short list!
What does it mean long term for recruiters?
As we all scramble in the short term to fill positions, are you thinking about some of the long-term effects? This “Great Resignation” trend is making it hard to retain your best employees. It’s the perfect time for them to jump ship and look for greener pastures. And what about the hiring you are doing now as your recruiters desperately try to fill your positions? It’s likely you are hiring less-than-perfect candidates simply because you may not have many choices. Maybe now is the time to make more investment in helping these new hires adapt, learn and assimilate into your company since your options may be limited for the foreseeable future.
When you do find your job candidates, don’t forget to do your due diligence
Use a professional CRA (Consumer Reporting Agency) for screening your job candidates. An experienced CRA will save you time and money while staying in compliance. They will go through all the gathered information and verify that it is accurate.
For a free consultation or more information, contact Genesis Background Screening Services at 866 944-0041 ext 101. Online, you can email or visit www.genesisbackgroundscreening.com. You can sign up to be emailed whenever we post a new blog at https://genesisbackgroundscreening.com/blog/
Genesis Background Screening is not a law firm and provides our blogs for informational purposes only. Blog is not a substitute for experienced legal advice. Research laws or regulations mentioned in our blogs. Ask your legal counsel any questions you have to be sure your organization is within the law and compliant with regulations.
Jacqueline McClure
Genesis Background Screening Services
