TWO SIDES OF THE COIN: HIRING AND LAYOFFS

Ep225: 

What's driving all these layoffs? Could it make hiring easier for you in 2023? And what expectations do top candidates have and how can we meet them? We have Randy Simms with us from Simms Search to help answer these questions.

Philburt’s Phorum:

6:12 - Going viral over the past week, a job posting from a tech company in Texas included a note for the recruiting team asking for only “US citizens (white).” While the posting is legitimate, the company in question is claiming a former employee actually edited the posting to include the discriminatory language. 

Special Guest Ryan Sims

10:09 -  A large part of what we do is research and use data to provide a good benchmark of what’s going on in the market. 

13:42 - Big tech layoffs aren’t necessarily shifting the sales in recruiting because those candidates are quickly snatched up. There’s still more opportunities and openings that companies are struggling to fill. It should be at least another three years before it balances out.

16:49 - Candidates are being much more upfront asking about compensation and remote work. They have more confidence and don’t want to waste anyone’s time if the position isn’t right, as they have multiple opportunities going at once. 

18:00 - Companies that aren’t able to offer a remote or hybrid role are at a disadvantage and losing candidates. 

23:05 - Companies that are staying with their same recruiting practices saying there is a lack of qualified candidates, yet other companies are getting those candidates. Organizations with good competitive compensation strategies are not struggling to bring candidates to them. 

 

Guest(s):

Randy Sims, President, Sims Executive Search

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