| Don’t Get “Cooked In The Squat!” |
| By Kevin Grindle |
Published
04/24/2005
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Organization
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Action Item 1 – Get Ahead of The Wave…
Because we have been in a “buyer’s market” in the recruitment arena for the last 18 to 24 months, many organizations have had the luxury of having more resumes to review than ever before and as a result have perhaps become lulled into thinking that they can treat job applicants poorly during the employment process. In addition, due to the large number of layoffs that have taken place within some organizations in an effort to shrink themselves to profitability, many employees who were not affected by layoffs have been biding their time to jump ship. We have been predicting since June and have begun to see evidence that the resumes of many top performers within organizations have begun to hit the street. Recent research indicates that from 40% to 72% of individuals either have submitted their resume for consideration to one or multiple companies or are preparing to make their resume available to companies for which they have interest. We do not say this to scare organizations, but rather to give companies advanced warning of what is to come. Recommended Solution: Re-recruit your top performers. If you do not have a succession planning process in place, quickly develop and implement one that will start the process of identifying your bench, thus enabling top performers to begin to develop toward their next internal opportunity. At the same time, you should identify current bench strength and replacements for fallout that might occur near term, while enabling your organization to see where gaps in staffing and talent might exist requiring outside recruitment efforts.
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