We all know how this is not the employers market. The slump in the market has brought huge challenges to recruiters whose hunt is still on for the best talent from the market. As the supply of resources flood the market, there surely is derth of opportunities within company for open positions. How do we tackle such a situation?
Narrow your search: The job portals are flooded with resumes as potential candidates are uncertain about their current job. In a situation like this, it’s very important as a recruiter for you to narrow your search to the active job seekers than passive job seekers. The active job seekers are responsive to the job offer that you have to offer and they are surely up for grabs.
As for the candidates, its important for you to narrow your search in identifying the right job for you and follow up regularly with the recruiter on the open head count to have yourself land your dream job.
Networking is the key: In a volatile market situation, the job market is the most affected as the perception is LIFO (Last in first out). As a recruiter, your potential hire is weary of the situation and is not really keen to move out of his comfort zone. The key here would be to build an active network with your potential hires not just for jobs but to gain knowledge on his side of the story. Then it becomes easy for you to present his dream job and then hire him for your open position.
As for the candidates, it helps you to network with the recruiters and HR folks to gain knowledge on company situation, their hiring prospects, their growth directions just for you to be aware if the move that you are going to make is worth end of it all.
Gain buiness intelligence: Its important to all of us to keep ourselves updated on what is happening around. Gain knowledge on various industries growth or slump. This will help and comes handy if as a recruiter, you are talking to your potential hire from that domain. This will give you the insight to attract the candidate and also gives confidence to the candidate that he is talking to the right person in the company.
As a candidate, knowledge on verticals not only helps you weigh your option to move to that domain but also helps you compare the industries. In such a turbulent situations, the managers out there want to hire “only the best” who is far beyond excellence. You have to give an impression in the minds of the recruiter that its you who is cut for the role and nobody else.
Reskill and Reinvent: By now, we all know the traditional method of hiring is not the in thing in hiring in turbulent market situations. As a recruiter, you too have to reskill yourself to reinvent new forms of recruiting. As mentioned in the previous blogs here, the candidates out there are becoming more and more passive making a recruiter’s job even more aggressive and tougher by the day. Its very important as recruiter to bell the cat in finding out what works best in his favour. Hunt for the best resource from the deep caves, which did not exist for many.
Tuesday, February 10, 2009
How to reject an offer for a job..
Lets face it.
As a candidate, you have got a call from your dream company, cracked the interview and also have got the offer. But, you are unable to join them due to various reasons best known to you. What would you want to do about it?
Don’t beat around the bush: Pick up your phone and make a call to the recruiter now. Tell him or her what’s lurking on your mind instead of avoiding calls from the recruiter, your prospective manager and anybody from your future dream company. Your recruiter always was your first face to have set up the interview and remember they know a lot many things that you don’t know. Being honest in saying what you are going through will help you renegotiate the offer in terms of buying the time.
Negotiate the offer: If you were not extremely happy with the offer made by your dream company but don’t want to reject the offer and also don’t want to accept it, again talk to the recruiter and help him/her understand what’s on your mind. The recruiter can work as your mediator and can negotiate for you. In this scenario, sometimes you may get what you want. But when you don’t, it means your expectations were beyond your limits. Go by it.
Ask for extension: Most of the organisations, counter the offer you have received from the outside company only after you get it. They try to retain you by promising something else. If your manager is in that mode and you are awaiting his response, again, talk to your recruiter or your prospective manager for an extension in giving your confirmation. This will give a feeling that you are genuine and true.
Gracefully exit: Even after all the efforts you have put, the prospective manager has tweeked in the offer letter and yet, you are not able to accept the offer, do that gracefully. Explain the people concerned what exactly it was. Remember, this is your dream company and you may want to see yourself in this place some time soon. Above all, the worls is small and flat. You will bump into the same people and recruiters have a great memory. The hiring managers remember most of the candidates and don’t take a chance.
Maintain a good track record: Even when you decide to exit, make an attempt to refer somebody else for the role, which will give a good feeling in the minds of the people of the company who offered you as they had invested a lot of time, energy and money in interviewing you. Ensure, you stay in touch with them, as you will be the next first person the hiring manager will approach when the position gets vacant again.
All the best.
As a candidate, you have got a call from your dream company, cracked the interview and also have got the offer. But, you are unable to join them due to various reasons best known to you. What would you want to do about it?
Don’t beat around the bush: Pick up your phone and make a call to the recruiter now. Tell him or her what’s lurking on your mind instead of avoiding calls from the recruiter, your prospective manager and anybody from your future dream company. Your recruiter always was your first face to have set up the interview and remember they know a lot many things that you don’t know. Being honest in saying what you are going through will help you renegotiate the offer in terms of buying the time.
Negotiate the offer: If you were not extremely happy with the offer made by your dream company but don’t want to reject the offer and also don’t want to accept it, again talk to the recruiter and help him/her understand what’s on your mind. The recruiter can work as your mediator and can negotiate for you. In this scenario, sometimes you may get what you want. But when you don’t, it means your expectations were beyond your limits. Go by it.
Ask for extension: Most of the organisations, counter the offer you have received from the outside company only after you get it. They try to retain you by promising something else. If your manager is in that mode and you are awaiting his response, again, talk to your recruiter or your prospective manager for an extension in giving your confirmation. This will give a feeling that you are genuine and true.
Gracefully exit: Even after all the efforts you have put, the prospective manager has tweeked in the offer letter and yet, you are not able to accept the offer, do that gracefully. Explain the people concerned what exactly it was. Remember, this is your dream company and you may want to see yourself in this place some time soon. Above all, the worls is small and flat. You will bump into the same people and recruiters have a great memory. The hiring managers remember most of the candidates and don’t take a chance.
Maintain a good track record: Even when you decide to exit, make an attempt to refer somebody else for the role, which will give a good feeling in the minds of the people of the company who offered you as they had invested a lot of time, energy and money in interviewing you. Ensure, you stay in touch with them, as you will be the next first person the hiring manager will approach when the position gets vacant again.
All the best.
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