Thursday, July 9, 2009

Hiring Trend: Currently Employed Candidates

Last week Dana Mattioli of the Wall Street Journal wrote an article entitled Only the Employed Need Apply http://online.wsj.com/article. Ms. Mattioli cites how many employers are only interested in hiring people who are currently working.

This isn't a new idea in recruiting. Many job seekers know the best time to be looking for a job is when you have one. If your company philosophy is to hire currently employed people, there are some factors to consider.
  • Be prepared to take your time: If you want only currently employed candidates, you also want employees who will act professional. All professional employees give adequate notice before leaving a job, and will need to do the same before they can take your job. Also you will have to schedule interviews and meetings around their schedule to limit any concerns they have about their current employer finding out.
  • Things are tough out there: People are seeing that jobs aren't as secure as they once were, and may be hesitant to leave one job for an unknown employer. While an employee may be unhappy at their current job, they know what they need to deal with. At the new place they don't know anything about the politics or policies, making them hesitant to jump ship.
  • Money still talks: With people holding on to their jobs, being able to offer attractive salaries and benefits will be important. An underpaid superstar knows their worth, and will be happy to accept a job for someone who pays them that.
  • Keep an open mind: There have been significant lay-offs throughout the wine industry. Many times people's positions were made redundant after an acquisition or merger. Often new managers want to work with their own team, and don't even consider the talent that was previously handling the job. There are a lot of great candidates out there who have become unemployed for no cause of their own. Take a look at someone who might be the superstar you want.
  • Educate the potential hire: If you have a superstar that is interested in moving further along the interview/hiring process, let them know as much as possible about the position. Give them access to key staff members. Be available for questions that arise during their interview process. Follow up with them to gauge their interest. Explain any changes that have occurred in the past and let them learn all they can about the company. Openness speaks a lot about how a company will handle itself in the future.
Hope this information helps. Good luck with your searches.

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