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Filling New Positions In Uncertain Times
Bryan Gillum • January 30, 2023
Planning for the worst leads to missed opportunities.
I think most of us have all become more accustomed to operating within uncertainty. We learned how to transform business during a pandemic and how to continue to function and not lose a bit while we all work remotely (and juggle all of the other parts of life). But somehow, this upcoming uncertainty feels a little different to me.
We are starting to see the first sign of future uncertainty – rescinded job offers. Recently, I saw a couple of posts from people who were dumbfounded by companies pulling back their job offer. I guess when the rejection happens to you, you actually realize that it isn’t very pleasant.
Anyway, there is no denying that March 2023 will look different than March 2022 did and it is hard to determine what impact it will have on the job market, salaries and business demand. So as we enter this new season of uncertainty, we recommend dipping your toe in the pool by following these strategies:
Don’t Plan For the Worst
I know, it’s different than what most people say. But, how often does the worst ACTUALLY happen…..generally never. When you plan for the worst, you make decisions that prohibit you from taking advantage of opportunities. Planning for the worst leads to missed opportunities.
Don’t Make Decisions With Your Eyes
I have this theory – when I make decisions based on what I see, they are generally not the best decisions. I’ve learned to avoid making decisions based on what competitors are doing or based on what I see on a LinkedIn post. Surround yourself with trusted, and experienced advisors who can help you navigate through any storm.
Have a Learning Mindset
The recession of 2008 taught me something. Tough times are, well, tough but we all generally find a way to survive. If sales fall by 20% it is going to be a difficult season for sure. However, a lot of good things can come out of those periods of famine. Look for the lessons to be gained and you’ll come out of the tough season stronger than you entered it.
Make Strategic Investments
Trying times are a great opportunity to take advantage of market opportunities and position yourself for future growth. Consider how you can make good, strategic investments that can catapult your business once the draught passes.
If there is one attribute that makes us different, we have weathered many storms and have learned how to steer the ship and instill a sense of confidence through the most trying times. If you need advice navigating a storm, give me a call and I can share some of my life experiences to help you push through to see the rainbow on the other side.
Leaders are people and all people have tough things to work through.
Culture is impacted by the 4 "P's" of a company: People, Practices, Place and Personal Development.
In today's highly competitive job market, finding and retaining the right talent for your business is more critical than ever. In fact, according to a recent release from Monster.com, 96% of workers will be seeking some type of new position in 2023 . However, the hiring process can be challenging, and many businesses struggle to find the right candidate for the job. That's where recruitment partners come in. A recruitment partner can help you find the right talent and streamline the hiring process. In this blog, we'll discuss 5 signs that indicate you may need a third-party to help you with your hiring needs. 1. Inability to Attract Qualified Candidates If you're struggling to attract qualified candidates for your job openings, it may be time to consider partnering with a recruitment firm. A good firm can assist you in identifying the root cause of the issues and collaborate with you to create an effective hiring strategy. With their extensive network of both active and passive job seekers, they can help you find the ideal candidate for your organization. 2. Time Constraints and Limited Resources Another sign that you may need to seek out help is when you feel pressed for bandwidth, and you are unable to dedicate the necessary time to the hiring process. A recruitment partner can handle the hiring process for you, from posting job openings to screening candidates and conducting interviews. This frees up your time to focus on other aspects of your business. 3. High Turnover Rates Nothing is more frustrating than making a hire only to lose that persona a short time later. Additionally, high employee turnover can be costly and affect productivity and morale. By bringing on a consultant, they can help you objectively identify why employees are leaving and find ways to improve retention. They can also help you create job descriptions that accurately reflect the role and company culture, ensuring that you attract candidates who are a good fit for your organization. 4. Lack of Industry Knowledge If you're not familiar with the job market in your industry, it can be challenging to find the right candidates for your organization. A recruitment partner has industry knowledge and can provide insights into the job market and salary trends. They can help you create competitive offers that attract top talent and ensure that you find the right candidate for the job. 5. Employer Brand Reputation Your employer brand reputation is essential to attracting top talent. If your business has a poor reputation, it can be challenging to attract the right candidates. Having the right consultant can help you improve your employer brand by providing insights into what candidates are looking for in a job and what makes a company attractive to potential employees. They can also help you create a positive candidate experience, ensuring that even candidates who don't get the job leave with a positive impression of your organization. In conclusion, hiring the right talent for your business can be challenging to do by yourself. However, with the help of the right recruitment partner, you can streamline the hiring process and find the best candidate for the job. If you're experiencing any of the signs outlined in this blog, reach out to us today for a free consultation to see if we are the right fit to help your team.