In this post we’re going to discuss the reality we’re living in today’s job market as well as give you some “therapy” if you’re not feeling so hot about the recruiting profession as a whole today!
Question:
Hi, I just read with interest your newsletter and commentary on recruiters and their time management…especially the multi-tasking issue. Several months ago I would have agreed it was a pertinent topic but today the vast majority of small business staffing firms (we are 20 years old and I have been in the industry 33 years) as well as several of the National firms are “dead in the water” on full time placement. I have a network of small, independent companies such as ours on all coasts and everyone says the market has dried up. Sure it will come back but your comments just don’t seem relevant to the times. You’ve been around the industry, how about some topics to help boost morale of the recruiters as they are working harder than ever to make anything happen.
You said you have been at conferences and hearing recruiters complain about being so busy! I would sure like to know where those firms are because we have literally stopped the 3rd quarter of 2008. This is by far the worst slow down I have witnessed in my 33 years in the industry. Prior to opening my own, I worked for Adecco as well as Manpower so I have experienced slow downs in the 70’s, 80’s,90’s, as well as early 2000. This is a nasty one!
Thanks for letting me vent!
Kathy
Answer:
Hi Kathy:
We all need to vent at one time or another!
I’ve addressed over thirty conferences this year and I hear the same statistics everywhere….As a Profession we are filling 1 out of every 9 job orders being written in direct placement and 1 our of 5 temp orders.
Accounting is the #1 specialty area worldwide and has been for three years.
Medical is #2 closely followed by IT. At the NACCB Conference an economist predicted that IT Contract Business would increase by over 20% in 2009. Many individuals attending the Fortune Franchise Conference were placing within the automotive industry which I felt would be down significantly and they had all increased their numbers from last year.
Many companies did change their areas of specialization because their niche was going dry, but now they are flourishing within their new area of focus. If I were you, I would focus on NEW CLIENTS that would pay higher fees. 15% for a direct placement is far below average which is now 25%.
Try climbing the ladder and place the SUPERVISORS of who you currently place. You already have a database filled with these candidates – they are listed as the supervisor on your application forms. When you place a higher level, salaries go up and so do your fees.
REALITIES:
Other areas that are very hot such as:
Dr. of Sourcing (Donato Diorio from Broadlook has done a Google Search on this one position for the past year on GOOGLE, just monitoring the major job boards and this one position has increased over 15% each and every month.
Most of my FREE articles do address what recruiters can do to be more productive.
I did this article at the request of several of my Top Producer Tutor clients who are having record years and see deals slipping through the cracks.
If my Top Producer Tutor clients request a topic, my guarantee to them is that I will cover it, within 30 days. Many of my topics come from direct requests from my clients!
My suggestion is you talk to all of your current clients and find out their hiring needs for 2009.
Then you will know how many new clients you need to target.
Also ask your clients for referrals to other clients and donate to their favorite charity if you make a placement with the new company.
Pay for client referrals to candidates as well. Often they can open doors to new business for you. Turn every reference check into a marketing call and market candidates each and every day and you will turn this around.
REMEMBER, if your recruiters think they CAN or if they think they CAN’T….they’re right either way.
Barb




Sat, Jan 30, 2010
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