Is This A Good Time To Get Employees On Sale?
By Brenda Abdilla
| Since everything seems to be on sale right now, many people are wondering if they can get their staff vacancies filled for a bargain price. There are certainly record numbers of people looking for work, and that would seem to make it an employer’s market. But those of us who spend our time searching for top talent know that sorting through double or even triple the number of applicants only makes the search harder, not easier.
Is this a good time to get employees on sale? The answer is yes…and no. It depends. |
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Certainly, because of the current economic climate, employers can offer less than what they would normally pay. And, the candidate might just say yes. Keep in mind, however, that talented people are still going to get multiple offers, so it is wise to avoid low-ball offers.
But how about taking advantage of the economy in an entirely different way when it comes to hiring?
Try this: use the solid track record of your company and the security you offer to attract talent you would normally not be able to attain. Today’s candidates are extremely focused on security items like health care, the company’s long-term plans, the treatment of employees, etc. If your company offers high-quality security items, you may be able to use them to attract a higher level of talent. And that just might be worth more than hiring a standard employee at a lower rate.
Brenda Abdilla is the president of Management Momentum. After a 15-year career as an author, speaker and editor, Brenda founded Management Momentum to allow her to focus on fewer companies and utilize her intense passion for improving sales and management performance. She now does specialty recruitment projects and performance coaching for managers. Contact her at 303-456-1210 or www.managementmomentum.net.
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