Recruiting and Selection in Difficult Times Has it ever been easy?

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Presentation transcript:

Recruiting and Selection in Difficult Times Has it ever been easy?

Sellers Market More jobs than candidates Recruiting More marketing effort required to interest candidates Guerilla techniques Greater focus on retention of good candidates Selection Cost of making a bad hire is greater. Greater use of predictive tools/diagnostics. More effort to train interviewers.

Buyers Market More candidates than jobs Recruiting High volume of applicants unaided. Existing openings. General Interest applications. Finding Qualified candidates easier. Selection Process automated due to volume. Compliance with EEOC & Fair Labor Practices challenged. Cultural fit gets more emphasis. Upgrading tools and techniques.

Empirical Survey: About the Respondents 166 companies participated 63% in the Foodservice industry 78% were at the VP level or higher 50% operated 250 locations or less 9% operated over 1000 locations

Empirical Survey: Hiring in 2010 Only 47% to make corporate hires 54%will be at the Manager level Dir,VP,EVP,C-level lower than ’09 Role of retained search is “uncertain”

Differences Smaller Companies Less formal, more intuitive. Creative assessment processes – volunteer work day. Emphasis on promote from within. Recruit from established brands as proxy for correct training. More time to deliberate Some are considering upgrading. Outsource references and background checks. Larger Companies On-line application process with diagnostic tools. More formal, more discriminating process. Upgrading systems and processes. More interviews are required. Predictive indices more job specific. Some do not use to minimize potential legal liability. Recruiting & Selection is part of integrated manpower planning and performance management system.

Summary Strong brands view labor scarcity as given. Different Tactics for Recruiting in Buyer vs. Sellers Markets. Efficiency in Selection process in Buyer markets. Recruiting and Selection systems formalized. Automated solutions for managing process. Intensive training in interviewing skills. Part of integrated Manpower Planning and Performance Management.