The Hiring Market Has Changed

The hiring market has changed, but have you?  In Q4 of 2020 the average applications per vacancy in NZ sat at 18.4 but in Q4 of 2021 this had dropped to 8.4 representing a significant decline but there is much more to this story.

We all like to speculate why it’s so difficult to find suitable talent for our vacancies but let’s look at the facts beyond low unemployment rates and immigration challenges.

So where are all the jobseekers and why are businesses now turning to recruitment specialists to fill their vacancies? 

The pool of jobseekers has certainly become smaller but the pool of dormant and passive candidates open to exploring new opportunities remains strong and this is where quality recruiters come into play. 

Note I stated quality recruiters because like many things not all recruiters are created equal.  Some are focused on achieving KPIs, others on merely gaining vacancy listings full stop but quality recruiters are focused on providing a great service experience whilst delivering you and the candidate a great placement fit that is sustainable and memorable.

A quality recruiter:

1) stays ahead of the curve and knows that Ad Channels are no longer talent rich and sourcing channels are now critical in the talent acquisition equation

2) has a comprehensive database of talent that is mined to reveal those interested in your hiring proposition

3) brings potential hires to the table in 1/3 of the time that a business can because sourcing, screening and interviewing is what we do to secure great placements for our clients

4) knows advertising is still part of the recruiting equation and knows how to attract the right talent

5) is an expert at reaching into their  professional networks, social media channels and referrals to deliver on a great hiring experience for everyone

6) is exceptional at accessing candidates no one else can

7) is not focused on the pay check, they are focused on making a great placement.

Let us help you today.  We have amazing bespoke service opportunities and training programmes that will elevate your employee engagement, improve productivity, increase profitability, grow your market share, and bolster your business resilience.