Thursday, July 2, 2020
Why Job Seekers Walk Away - Copeland Coaching
Why Job Seekers Walk Away If youâre a hiring manager, thereâs a good chance youâre finding it harder to hire this year than one year ago. The unemployment rate just fell to the lowest level since 1969, so the competition is fierce for good workers. In fact, itâs taking 82% longer to fill open jobs than just a few years ago in 2010. And, on average, itâs taking companies 31 days to hire. I recently had the opportunity to attend an event in Chicago hosted by Glassdoor, and I want to share a few of their findings with you. In particular, I want to focus in on why employers are losing their top candidates. Glassdoor identified three big frustrations for job seekers that are going through the interview process. Job seekers feel frustrated at a lack of information about the jobâs pay and benefits. They also feel frustrated that employers are cancelling or postponing their interviews. And, theyâre upset that potential employers arenât responding to them in a timely manner. âJob seekers clearly feel that understanding the total compensation package, including pay and benefits, is absolutely essential to fully evaluate a job opportunity,â said Julie Coucoules, Glassdoorâs Global Head of Talent Acquisition. I bet you can relate. The last time you looked for a job, Iâm sure these things were on your mind too. To keep top candidates engaged, consider sharing your salary and benefits up front. Donât turn the first screening call into a game, where you try to outsmart the candidate to get their number first. Treat candidates the way youâd want to be treated. Be respectful of their time. Keep your commitments, and let them know when youâve moved on. Nothing is more stressful than just not knowing what has happened with a job youâre applying to. Glassdoor also found a number of reasons that top candidates would pull out of the recruitment process. In other words, the candidate turns you down before you get the chance to even given them an offer. The top reason identified was an employer that has announced layoffs. This makes sense, right? Nobody wants to sign up to lose their job just after switching. Other reasons cited were a poor first interaction with a recruiter or hiring manager. 40 percent of those surveyed identified this as a reason to pull out of the process. 35 percent said they would drop the company if they read negative employee reviews online. 33 percent said they would leave if they heard about employee or leadership scandals and 32 percent said they would leave if they read negative news coverage about the company. The most straightforward suggestion from this list is to treat each candidate with the respect youâd want to be treated with. Beyond that, donât undervalue the importance of your companyâs online reviews or media coverage. With the transparency thatâs available online, the hiring process really has turned into a two way street. I hope these tips have helped you. Visit CopelandCoaching.com to find more tips to improve your job search. If I can be of assistance to you, donât hesitate to reach out to me here. Also, be sure to subscribe to my Copeland Coaching Podcast on Apple Podcasts or Stitcher where I discuss career advice every Tuesday! If youve already heard the podcast and enjoy it, please consider leaving a review in iTunes or Stitcher. Happy hunting! Angela Copeland @CopelandCoach
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