Employee Recruiting During Economic Instability

Employee recruiting may be facing a new set of challenges in the coming months with the slowing economic global trends.  Even though the country hasn’t officially entered a recession, stock market fluctuations indicate that the long-running bull market may be sputtering to a close, and financial experts are forecasting tough times ahead. On the surface, this may seem like somewhat good news for employers who have struggled to fill key positions, but employee recruiting during a recession comes with its own set of challenges.

Here is what you need to know about employee recruiting:

You May Be Flooded With Applicants

Although having a wide variety of applicants to choose from after advertising an open position, this isn’t necessarily a positive development. Applicants tend to take a far less targeted approach during tough economic times, often sending out mass resumes hoping that the law of averages kicks in. Unfortunately, some dishonest applicants also hedge their bets by being less than truthful on their applications and resumes. For this reason, you may need to step up pre-employment screenings and background checks with your employee recruiting and hiring policy just to make sure that applicants are being honest and to avoid resume fraud.

You Should Be Very Specific in Your Employee Recruiting Job Requirements

Employee recruiting advertisements listing very specific job requirements may be more likely to be passed over by those using the law of averages approach to job hunting. It may also help to state that only those with the listed qualifications need apply.

You Should Consider Using a Dedicated Email Address for Resumes

Because you’ll probably get an abundance of applicants even if you identify strict requirements, sorting resumes from your regular business correspondence will probably be a time-consuming task. Setting up a designated employee recruiting email address for applicants to send their resumes prevents you from having to sift through hundreds of emails every morning during the time the position is open for applications. If you choose not to use a dedicated email, you can cut down on sorting and sifting by asking applicants to use a specific email title so you can quickly tell them apart from the rest of your correspondence.

You Should Set Up an Employee Recruiting Auto-response

Setting up an auto-response for employee recruiting is a good way to let applicants know that their material has been received. It’s also recommended that you specify in the response that due to the high number of applicants, you will not be able to personally contact everyone who applied. Specify a time frame where those you are interested in interviewing will be contacted — this will hopefully cut down on applicants contacting you when they haven’t heard from you.

Above all, remember to be kind. Economic instability often brings out the worst in people, and when jobs are scarce, applicants may feel stressed and anxious.

Source: https://work.chron.com/can-lose-job-lied-application-25645.html

Disclaimer Statement: All information presented is for information purposes only and is not intended to provide professional or legal advice regarding actions to take in any situation.