Candidate driven- Recruitment Market 2018!

Thankfully market has really picked up since almost a year, better for the county’s economy. It’s a well known fact that job market dictates the Real Estate market a lot & the country’s economy & growth. Believe it or not before even real estate gets the pulse of the market; We recruiting professionals get the pulse of growth much before. Knowing how the hiring market going we can gauge if or not more baby boomers will be heading to buy homes accordingly.

How do we recruiters conclude market’s current status as “Candidate driven market”:

• Less applicants per job.
• More sourcing & outreach need than job applications.
• More often prospect candidates getting multiple offers.
• Loosing candidates to better offer than ours inspite of trying our best offers and incentives.
• More offer rejections than average.
• Competition increase & candidate driven market with higher salary expectations during Recruiter phone screens than average market range.
• Less desperation from candidates.
• Less lay off reasons from pipeline candidates.
• Lesser relocation ready candidates.

Written by: Gunjan Kuthiala Senior Talent Acquisition Partner - Healthedge

(Blog brought to you by- Jobgini )