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Retention & Talent Management
Retention and Talent Management following a downturn Following fairly severe economic slowdown across global economies, cost reduction efforts naturally took centre stage as organisations s More...
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Malvern 3144
Victoria  Australia
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Editorial Vol 1

MELTING THE EMPLOYMENT FREEZE

The subject of unemployment is always sure to stir up strong opinions and probably start and argument depending upon whether you are happily employed, unhappily employed….or unemployed.

There is always doubts and criticism expressed concerning the criteria and statistical  definition of “unemployed” whenever the official figure is released. Whether you accept the technical definition or not, most people probably think that the ‘real’ unemployment figure is understated and camouflaged by the ‘dodgey’  exclusion of ‘very part time’ employees.

My own view is that even if the criteria does obscure the real figure, it also includes a potential fourth category, the unemployable (more people than you think who really DON’T want to be employed). Most importantly, the official unemployment figure is actually holding up much better than many would have imagined in the economic climate of  2009, and we should all be very proud of that when we compare the same data in UK and US in particular.

The fact is that IT IS STILL VERY DIFFICULT TO FIND GOOD CANDIDATES FOR GOOD JOBS. People often give me a strange look when I say that, but it is true. There is a perception that whenever we advertise, an excellent career position, we will have excellent candidates queuing outside our Malvern office.... but this is far from the case!

My own theory is that many good candidates are reluctant to apply for other positions in an uncertain job market. They may not be enjoying their present role and may privately want to advance their career elsewhere….but they are choosing to remain with “the devil they know” rather than become vulnerable with a new employer if the expected recovery does not transpire.

This has been further complicated by responsible employers “doing the right thing” and trying to retain their best people by offering “nine day fortnights” or extended annual leave arrangements.

When the expected recovery does transpire, we may see a very different situation with more quality candidates emerging and a great deal of movement between companies and industries. In the interim, we are welcoming confidential discussions with quality candidates so that we know the right doors to knock on when our clients ‘unfreeze’ recruitment and need to recruit specialists to drive their future growth.

John McCaskill

Director, Winners Recruitment

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