It has been a while since I last posted a comment. It has been a very busy summer and fall. The deaths of my fahter-in-law and a very close friend brought home the message that nothing is for certain. My wife and I each had medical issues to contend with and thankfully all is well on that front.
Nonetheless, I would be remiss if I did not comment on that state of the recruitment industry. Business is rebounding but still not as consistent as in the past. I have weathered 4 recessions and each of them had similar issues. The first thing to happen is that companies that were not well run start to file chapter 11 and or go out of business. This creates a candidate pool of A,B and C players. The next thing to happen is companies use the downturn to downsize and this creates a candidate pool of B and C players. It should be readily apparent that companies rarely release their A players. The A players are usually well connected and get hired quickly. The remaining talent pool of B and C players will ultimately get hired when the economy fully recovers.
What we have now is a series of events where companies are looking to fill positions with A players through job postings on web sites and the A players are not responding.
Now the companies are beginning to realize that the methods of recruitment over the past two years are not working and they are now returning to the professionals to fill positions.
It is turning around but ever so slowly.
Thursday, October 28, 2010
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