In the name of finding a job, job seekers are often instructed to “ignore” poor interviewer experiences, wait to hear back from recruiters or hiring managers, and take the best offer on the table — no questions asked. But over the last few years, the power has slowly shifted. According to MRINetwork’s 2014 Recruiter Sentiment Survey 83 percent of recruiters acknowledge that candidates hold the power in today’s job market. This new candidate-driven job market puts job seekers in the driver’s seat, allowing them more freedom to make the first move, negotiate and find their ideal jobs.
If you are looking for a position in this candidate-driven job market, consider taking advantage of these 6 strategies, to help you find the right position for you:
In a candidate-driven job market, recruiters have positions they need to fill. Be proactive about contacting recruiters in the industries you are interested in, and let them know you are looking. More than ever before, don’t let recruiters string you along. Remember, in a candidate-driven market, you have options and companies need you.
Give recruiters a clear picture of the type of position and compensation package you are looking for, and touch base with them often regarding any open positions they may have. Don’t be afraid to make contact.
In 2014, MRINetwork found that 51 percent of job openings were due to companies creating new positions. If you’re looking for a new position, take advantage of the growing job market. Use social media networks like Facebook, Twitter and Linkedin to network, find job openings, and connect with recruiters. When you are discussing opportunities with recruiters, don’t be afraid to let them know that you have multiple irons in the fire to help incentivize them.
Do your best to avoid applying to positions with vague, cookie-cutter job descriptions. If an employer does not take the time to be specific about what they want, what’s to say their lack of effort won’t extend to the rest of the hiring process?
Instead, look for job descriptions that address the specific tasks expected of the new hire, the professional and academic qualifications necessary for employment, and any special considerations the company may have. This strategy will help you avoid wasting time with companies that don’t actually know what they are looking for, and find fulfilling positions to help advance your career.
2014 Recruitment Survey results suggest that most companies extend offers 3 to 4 weeks after the first interview. This is also the time period where most job seekers reject offers.
When possible, drive your interview timetable to encourage a quicker process. Try to establish a timeline for the application process early on, and keep in contact with hiring managers and recruiters. Now that more companies are seeing good candidates reject offers because the process is too long, your chances of a quicker interview-to-hire process are higher.
Many employers want the total package at employer-driven market prices. More than that, they are expecting employees to go above and beyond their job descriptions, and contribute to the company outside of their usual job duties. If you are in a situation where this is the case, don’t be afraid to negotiate. Leverage your skills, qualifications (especially if you have software certifications or professional certificates) and achievements for higher salaries, better benefits or a better title.
The main takeaway for job seekers in an employee-driven market is — never settle. Your job search should be about finding a position where you can succeed, grow and advance your career. Don’t settle for taking a position at a company that doesn’t fit your lifestyle, or doesn’t offer you the benefits you need just because it is the first to offer you a position. Take your time to find a company with a strong brand and culture that fits your needs. Ultimately, waiting for the right position, with the right company, will increase your chances for success, and put you on your way to a long and fulfilling career.
The new candidate-driven job market gives you, the job seeker, the opportunity to get more aggressive about what you want. Don’t be afraid to initiate contact, drive the hiring timetable, and negotiate your way to your next position.
How are you taking advantage of the candidate-driven job market? Share your thoughts in the comments below!