Evan Carmichael Top Header about About About facebook Twitter YouTube Google+

Attracting New Recruits in the Credit Crunch



Free PDF Download
Tackling Barriers to change - By Lisette Howlett

Name: Email:


Job roles within times of the current economic climate are said to be reducing - we here all too many stories in the news now of closures and redundancies that follow, but some industry sectors are experiencing a boom in recruitment, simply as there are more candidates out there seeking more secure roles. Bizarrely, however, the worse the economic climate and the great the job insecurity the more challenging it can be to find the talent that you need. Generally people who have a job and some continuous service, are less inclined to leave and thus your ability to attract candidates into your jobs reduces. And yet at the same time, when you do advertise a position you are most likely inundated by applications, many from people whoa are really not suitable but who have not been given high quality career search advice and and are using a scatter gun approach to job search.

Most companies are simply tightening their belts, so whether you are looking for new recruits to fill existing positions or you are lucky enough to be hiring new recruits for brand new openings; a few tips are below to help you seek the best for your business within that squeezed HR budget:

Recruit Internally

You most probably have existing employees that are looking to advance their current role and transfer to enhance what they do already. Your existing employees are a valuable resource -they already know your company and how it works, and have proven what they are and are not capable of..

Using internal transfer benefits you because it's cheaper than hiring an agency and paying them their finders fee, and it's also great for moral as your employees see that you look internally before using outside recruitment.

Using internal recruitment allows you to pinch your budget, and with a good selection of existing employees you possibly already know or can see just how much motivation, energy, knowledge and skills (leadership, assertiveness etc) certain people possess.

Position yourself carefully externally

In order to create a manageable number of applicants be very specific about what you are looking for and ensure that your advert states that applications that do not meet the specification will not be considered.

Think also about how you position your company, job and benefits to attract candidates who are currently in jobs. Perhaps you offer them some additional financial security.

Summary

So when attracting new recruits, look first to your current team where you will most likely find a willing candidate and perhaps hidden talent.

Still advertise outside the business, but you may well wish to strictly narrow down the applicants before the interview stage in order to maximize time and effort.

Finally, interview some of your top performers and get a feel for what they are looking for. You have great chances here of getting to know a few of your employees a little more, with a view to transferring them to fill another role. Failing this, you will know what the employee is looking to do and how they intend to use the skills they have learned in their current role - you may well open another role in the future that they are perfectly placed for.


Related Articles

  Home Party Recruiting Motivation
  Sage Wisdom About Borrowing Money For Your Small Business
  Many Evangelical Church Leaders are now having to "Walk by Faith"
  13 Strategies For Direct Sales Recruiting
  Working Capital Crunch ? Inside The World Of Business Cash Flow Solutions In Canada
  Why would someone come to work for you?
  Tip of the week - Great recruiting takes great relationships
  Multi Level Marketing Conspiracies Unleashed
  Factoring Services Can Help Ease Your Cash Flow Crunch
  Business Credit Cards versus Personal Credit Cards
  Surviving a Working Capital Cash Crisis – Real World Solutions & Techniques
  Where to Get Money – Fast
  Profitable Home Based Business - How To Generate Extra Income
  How the Banking Credit Card Fiasco Affects YOUR Business
  Crunchless Credit
  Some write about 3 ways to increase profit
  Why A Good Credit Score Is Important To Your Business
  Credit cards: how do we use them?
  Need a Bank Line of Credit Use a Bank Guarantee BG Program
  The Future Is Now ! Financing Your Film Tax Credit Incentives In Canada Today

Home > Human-Resources > Lisette Howlett > Attracting New Recruits in the Credit Crunch >

Free PDF Download
Tackling Barriers to change - By Lisette Howlett

Name: Email:

About the Author: Lisette Howlett

RSS for Lisette's articles - Visit Lisette's website
Lisette Howlett has a unique range and breadth in HR and a track record of achievement spanning 15 years with global Human Resources in blue chip companies and 5 years in local government and the public sector. This includes extensive global HR project and content leadership and internal/external HR consulting covering UK, U.S., Switzerland, Europe, and Asia. Additionally Lisette is founder of HireScores.com a website which provides independent information and real life feedback on all aspects of recruitment – serving the needs of candidates, recruiters and hiring companies. She writes and presents on HR matters with particular emphasis on recruitment, recruitment effectiveness, integrated talent management, the people and organisation side of M&A, the role of HR, strategic HR and global HR.
Click here to visit Lisette's website.
Dashed Line

More from Lisette Howlett
Searching Online for a New Job
Induction your first management job
Accepting a New Job Offer To Take or Not to Take
Job Search Developing a Plan
Discovering New Job Opportunities Your Dream Career Options Outside the UK

Related Forum Posts

Is Universal Credit Dissuading You From Self Employment? Is Universal Credit Dissuading You From Self Employment?
Re: HOW DO I STAND OUT FROM THE REST? Re: HOW DO I STAND OUT FROM THE REST?
Building credit Building credit
Marketing and PR ideas related to a Credit Organization Marketing and PR ideas related to a Credit Organization
Offer Credit instead Offer Credit instead

Share this article. Fund someone's dream.

Share this post and you'll help support entrepreneurs in Africa through our partnership with Kiva. Over $50,000 raised and counting - Please keep sharing! Learn more.
Share for a Cause



Worksheets
By: Evan Carmichael

Do you have what it takes to be an entrepreneur?

8 Powerful Steps to Finding Your Passion

Does your pitch suck?

Create a plan of attach to launch your new business.

8-Cover

Like this page? PLEASE +1 it! Evan Signature
Bottom Footer



Newsletter

Get advice & tips from famous business
owners, new articles by entrepreneur
experts, my latest website updates, &
special sneak peaks at what's to come!
Name:
Email:
Popular Articles

Consistency: The Key To Success

Steps For Starting A Small Business

Fear Factors in Small Business: Sales & Marketing

Suggestions

Email us your ideas on how to make our
website more valuable! Thank you Sharon
from Toronto Salsa Lessons / Classes for
your suggestions to make the newsletter
look like the website and profile younger
entrepreneurs like Jennifer Lopez.