News »Browse Articles »
Job seekers are aplenty; but where is the talent?
0
Job seekers are aplenty; but where is the talent?
New Delhi: Although the number of job seekers has grown substantially since the beginning of the economic crisis, employers around the globe are having a tough time in finding suitable candidates with the right skills.
According to the study by SHL, a global workplace talent assessment solutions provider, recruiters are still struggling to identify the right people for their firms, despite the fact that unemployment has touched a record high globally. Almost half (41 percent) of the recruiters surveyed said the number of applications per job has increased since the start of the recession.
On the other hand, only 23 percent of the employers covered in the survey have actually found it easier to find suitable candidates. The survey of more than 350 recruiters found that 36 percent have been taking longer to recruit because of the downturn while, the majority said this is because there are more candidates.
"While it may seem that recruiters currently have the pick of the talent due to the increase in job seekers, it appears that this is not necessarily the case. Not only has the sheer number of applicants made it difficult for employers to identify the best candidates, but many employers do not appear to have an understanding of the skills and competencies they actually need," said SHL CEO David Leigh.
Almost two-third (60 percent) employers have become more selective, with a third of them (35 percent) saying they are looking for the best people to help their organisation survive the tough economic conditions, the SHL survey revealed.
Due to the increase in candidates, recruiters are being more selective about experience (69 per cent), competencies (61 per cent), enthusiasm (46 per cent) and fit with company culture (42 per cent), it added.
Further, many employers are also wary of candidates looking for a `stop-gap` until the job market improves, rather than a job that is actually right for them.
These concerns seem to be well-founded with a recent SHL survey of employees showing that 18 per cent had taken a job in the last year that was not in line with their expectations.
Additional methods of selection have been brought in by two thirds of those recruiters surveyed, including competency interviewing (32 percent), trial periods (26 percent), additional interviews (21 percent) and psychometric testing (13 percent).
Source:
http://www.siliconindia.com/shownews/Job_seekers_are_aplenty_but_where_is_the_ta
Search News
News Categories
What's the News?
Post a link to something interesting from another site, or submit your own original writing for the Recruitment community to read.
Most Popular News
-
How to Headhunt the Headhunters??
Published about 04-10-2008 | Rated +2 -
3 Steps to find your perfect candidate
Published about 05-10-2008 | Rated +6 -
Recruitment Strategies
Published about 05-10-2008 | Rated +4 -
5 Interviewing Mistakes That Can Lead To Hiring The Wrong Person
Published about 05-10-2008 | Rated +3
Most Recent User Submitted News
- What not to say or do at a job interview!
Published about 26-10-2009 | Rated 0 - British Telecom to move back 4k jobs
Published about 16-07-2009 | Rated 0 - OnMobile appoints president & COO
Published about 08-12-2008 | Rated +1 - Line managers hold key to candidates` culture fit
Published about 06-08-2009 | Rated 0