Society currently finds itself gripped by the COVID-19 global crisis. There are dozens of conflicting opinions and predictions speeding through all media platforms, leaving a proper course of action uncertain for most managers. All businesses will face hardships, but the day will be won with proper planning and ethically sound practices.
Understand the changes occurring within the labor force.
Many layoffs and closures are occurring, resulting in a dramatic increase in the supply of the labor pool. It is important to remember that the demand for labor is also decreasing within certain industries. Our recruiting efforts made on behalf of our clientele have actually received a boon in the wake of the COVID-19 outbreak. Numerous candidates have cited “Seeking a higher degree of job security,” as the reason they wish to leave their current positions. Additionally, the data suggests that the recently unemployed individuals are now more likely to relocate for gainful employment. By understanding the changes occurring within your industry and developing alternative hiring solutions, your business may be able to attract high level talent that would have otherwise been inaccessible.
Leverage the cost effective technology available to you.
It wasn’t very long ago that video conferencing and remote communication was a rarity to the common business. Currently, all the technology necessary to accomplish long distance video interviews is at the average person’s fingertips (google products, facetime, etc.). The health and safety of your employees, as well as the safety of those applying for your organization is paramount during this crisis. Ceasing all hiring activities can result in unexpected problems down the road, do not let the issue of physical contact and potential exposure derail your talent base.
Be ready for return of progress.
The COVID-19 outbreak has struck suddenly during a period of economic progress. Once the business world successfully straddles the issue, there will be a certain return to progress. Halting recruiting and talent acquisition efforts will leave your organization vulnerable to sub-optimal performance issues if the workforce lost during this period cannot be recalled or rebuilt in a timely manner. Keeping job boards up-to-date, continuing to engage with applicants via remote means, and developing an “Applicant Bank” to draw from are all critical to mounting a successful turnaround.
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Michael Chiovitti, Chief Talent Strategist
Eden Resources, LLC