{"id":1736,"date":"2020-04-30T00:42:39","date_gmt":"2020-04-30T07:42:39","guid":{"rendered":"https:\/\/addison.lwh.dev\/insights\/hiring-during-a-crisis\/"},"modified":"2024-07-17T14:12:20","modified_gmt":"2024-07-17T21:12:20","slug":"hiring-during-a-crisis","status":"publish","type":"post","link":"https:\/\/addisongroup.com\/insights\/hiring-during-a-crisis\/","title":{"rendered":"Hiring During a Crisis"},"content":{"rendered":"\n

In response to the recent COVID-19 pandemic, experts expect nearly\n50 million<\/a> new candidates to flood the market. For the first time in years,\nwe\u2019re seeing a shift from a so-called \u201ccandidate\u2019s market\u201d to an \u201cemployer\u2019s\nmarket,\u201d with a greater number of potential employees than there are open jobs.\nMany organizations and hiring managers are taking this time to rest on their\nlaurels, assuming that candidates will come to them. <\/p>\n\n\n\n

Regardless of what type of market we\u2019re in, candidate\u2019s or employer\u2019s, you should always prioritize your hiring process. Extending offers quickly, remaining competitive, and maintaining contact with candidates during this time is critical. <\/p>\n\n\n\n

Let Addison Group take the stress out of your recruiting and hiring process. Our consultative approach and commitment to understand your company culture make us an ideal partner. Find your perfect match<\/a> with Addison Group. <\/p>\n\n\n\n

Companies are Still\nHiring<\/strong><\/p>\n\n\n\n

While it\u2019s true that around 1\/3 of companies surveyed expect\nto freeze their hiring process, that still leaves 2\/3 who are not freezing. 2\/3\nof your competitors are still reaching out and extending offers to the most\neligible candidates right now. Don\u2019t fall behind.<\/p>\n\n\n\n

Hiring managers all across the country are swooping in and\ninterviewing qualified candidates. No industry or company is immune to the economic\nturmoil caused by the novel Coronavirus. Because of this, many organizations\nhave had to make the difficult decision to lay off otherwise brilliant\nemployees, by no fault of their own. With such a large influx of new and highly\nskilled candidates to explore, those who are actively recruiting during this\ntime have found some of the most valuable employees on the market. <\/p>\n\n\n\n

Continue Recruiting\nEven if You Aren\u2019t Hiring<\/strong><\/p>\n\n\n\n

For some, the inherent cost of extending an offer and onboarding\na new employee is not feasible at this time. As noted before, no industry or\ncompany is immune to the economic reaction to COVID-19, but some have been hit\nharder than others. <\/p>\n\n\n\n

Don\u2019t sweat it if you truly cannot hire any new employees\nnow. However, you can, and should, still actively recruit and remain in contact\nwith your candidates. Maintaining an open line of communication and being transparent\nabout your current hiring operations will keep your company relevant and top of\nmind with candidates. Keeping them engaged, even if it\u2019s as simple as checking\nin with them, increases the likelihood that they will want to come work for\nyour company once you resume hiring. <\/p>\n\n\n\n

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Chris Vennitti, Addison Group\u2019s Mid-Atlantic president stresses\nthe importance of actively communicating with candidates. According to Chris, \u201cCompanies\nneed to first let the public know they are still open, still hiring and moving\nforward,” because “The available candidate pool will gravitate toward\nthose firms active in outreach.”<\/p>\n\n\n\n

Your level of outreach will largely depend on how far along\na candidate was in the recruiting process. If they only made it through a phone\nscreen or the very beginning of your hiring process, you should till reach out\nto them, but keep it brief. Candidates with whom you\u2019ve developed a rapport, or\neven extended an offer to however, will require a greater level of attention,\nlike a personal phone call. <\/p>\n\n\n\n

However you communicate with your candidates, remember that\ntransparency and honesty are key. Avoid \u201cstringing people along,\u201d if you know\nyou cannot extend an offer now, be honest about it. Nothing travels faster than\nbad news, and a disgruntled candidate is far more likely to spread the word. <\/p>\n\n\n\n

New Hiring Strategies\nto Explore<\/strong><\/p>\n\n\n\n

While navigating our new normal, you and your company will invariably\nwant to explore new strategies to support your hiring process. We\u2019ve pulled\ntogether a list of a few of our favorite out-of-the-box recruiting tactics. <\/p>\n\n\n\n