The unemployment rate has dropped to 7.5% while the economy continues to improve. Companies are looking to hire more employees and things are starting to feel “normal” again. The problem is, we are in the largest candidate driven market we have even seen. Is it realistic to find the 100% qualified, center of the bull’s-eye candidate?
The short answer is yes. They do exist. However, every one of your competitors are also looking for that as well. Are you prepared to wait for the “perfect candidate”? If so, how long? If your need is truly urgent, you will need to make some concessions to the make-up or background of the candidate. Here are some things to consider:
- Are there other industries that this person can come from?
- What are the transferrable skill sets that can be used from another area?
- Can the position work virtually or remotely instead of having to relocate someone?
- Is there flexibility with the compensation?
Remember, even with some of these concessions in the candidate background, you still need to move quickly and be decisive and make decisions quickly. You can bet that the candidates you are interested in have 2-4 other opportunities that they are looking at.