As of late, we at The Richmond Group have noticed something: that those A players-those that could transform your company – are really hard to come by. As this article states, those unemployed in the technical fields, such as the Life Sciences have reached full employment. In addition, candidates out there know it and employers face a true conundrum when trying to find top talent. On the one hand, the top talent in the Life Sciences is reticent to leave where they are because of a lingering perception that the job market remains highly unstable. On the other hand, candidates also believe that if pass up your opportunity, there will be others out there from which they can choose. As a result, candidate turndowns – or those who reject an offer – are up due to a variety of reasons.
To solve this problem, employers must change their attitudes regarding employment: candidates will no longer come to you on a silver platter. Instead, you will have to sell your opportunity to them. Moreover, lengthy hiring processes will more often result in someone else snatching up your candidate at the last minute, turndowns of offers due to another company whose process has moved faster, or counteroffers by their current employer to retain their top talent. Let us help you sell your opportunities to the passive talent out there and work with you to streamline hiring processes so that you can get to those impact players before your competitors do.