So, the sun comes out, England and Wales with the first Ashes match, Murray wins Wimbledon, the British and Irish Lions beat the Aussies, Chris Froome will probably win the Tour de France. Granted, if you’re not into sport or sunshine, it’s not a great time. Though not even the least sporty people I know have failed to be caught up in the “isn’t it great to be a Brit” fever (or Irish, sorry Lions).
And now, to add to it, we hear that unemployment was down again in the three months to May. Here at Media Contacts we’re always a cheery bunch (not in an annoying way though). But this is particularly pleasing and fits with what we’re noticing in the market. Reed, the job board, have noticed a similar trend too, with available jobs up 7% from Q1 to Q2 this year and a 22% uplift year-on-year. Because we’re experiencing an increase in available jobs too, as the economic recovery continues, I thought it might be an idea to publish some tips on how to recruit or how to get a new job in an improving market – especially given that some of you will never have needed to do either in anything other than a recession / failing economy.
So, here goes. If you’re recruiting:
- Act quickly – candidates will be off the market before you know it and those who are not on the market, i.e. headhunted, will be happier, perhaps being paid more, in companies that are doing better.
- Pay competitively – there will be more competition for candidates from your competitors now, so candidates will be worth more on the market.
- Be more flexible in your approach – what are the essential skills a candidate needs and what skills / experience are on the “wish list”? It’s worth your while interviewing candidates who don’t fulfil the wish list requirements – this is what your competitors will be doing and you don’t want to miss out.
If you’re looking for a new job:
- Act quickly – vacancies will be filled quickly. Companies will be under greater pressure to fill vacancies fast, so if you are interested in working somewhere you’ll need to be quick throughout the process.
- Make the most of the increase in opportunity (depending on the market you’re in) – why not explore your options? People are, understandably, a little nervous of moving jobs in a poor economic climate. Now is a good time to start looking before everyone else gets their confidence back too!
- Consider your options – now that there will be more jobs out there, consider options you might not have done before. You never know when / where you’re going to find the right job and company for you – and you can’t find out without interviewing with people.
- Get your CV in tip top shape now so that, when you’re ready to apply for something, nothing will slow you down.
Well, hopefully you’ll have found that useful. Do, of course, get in touch if you want to discuss the market from either point of view. In the meantime, enjoy the sunshine, and here’s to an Ashes series win, the England ladies getting through with a last gasp win against France, a Chris Froome triumph and, while we’re asking, and Arsenal premiership win next season please.