As the year winds down, you may be thinking about your next hire, and when the recruitment process should start. If you are thinking of starting this process before the New Year, it’s wise to pause and strategically consider the factors that play into a successful recruitment effort.

Generally, we see employers pick up their recruitment efforts after the first of the year due to a variety of reasons:

1. Decreased Applicant Pool During the Holidays. We often see less applicants applying for jobs at the end of the year compared to other parts of the year. Employees may be less likely to leave their current position due to several factors:

• • Awaiting potential year-end bonuses or profit-sharing payouts.
  • Focusing on utilizing accumulated vacation/PTO.
  • Avoiding the stress of a big change during the busy holiday season.
  • Waiting to receive an annual pay increase that may entice them to stay in their current position.

2. New Budgets for Hiring. The first of the year marks the start of 1^st quarter and the new fiscal year for many businesses. Employers know exactly what is budgeted for hiring for the new year and can secure top-notch talent knowing they have the financial backing.

3. New Strategic Goals and Projects. The new year is the perfect time for employers to assess their goals and projects that need to be completed for the year. Newly created projects or goals may require additional headcount in the organization. This may also contribute to increased recruitment efforts at the start of the year.

Standing Out in a Competitive January Market

With many organizations posting jobs in January, the job market can be highly competitive. Here are a few tips to help your job posting succeed and stand out to top talent.

1. Utilize Sponsored Job Postings. We recommend clients utilize paid sponsorship on job postings to increase the visibility of the posting to job seekers. Websites like Indeed and LinkedIn have options to create a budget that works for your organization. When jobs are “sponsored” we typically see a higher volume of qualified applicants apply.

2. Include Compensation & Benefits. Job seekers are more likely to apply to positions that list the budgeted salary range and a clear outline of benefits offered by the company. Some states in the U.S. require a salary range and list of benefits to be added to job postings. If this is not a requirement for the state you are in, being transparent with job seekers is more appealing and will help your job posting stand out from others.

3. Create Meaningful Job Postings. Employers should take the time to write job postings that are detailed and specifically state the job duties, essential requirements, and qualifications that are expected. Showing job seekers an increased level of detail and transparency about what is expected results in better-fit applicants.

The Employer Group helps clients secure the talent they need. If you would like to learn more about all of the services that The Employer Group offers, contact us today!

 

 

 

This information does not constitute legal advice.