No Job Opening, No Problem... Hiring the Best Without an Open Position

  • Posted by: Karen Booher |
  • 3/18/19 |
  • 8:00 AM
  • 291 Views
No Job Opening, No Problem... Hiring the Best Without an Open Position

Have you ever stumbled across or met with a great candidate for your company, but didn’t hire them because you didn’t have a current opening?

In today’s continued tight candidate market, many companies are actively embracing a new strategy of stockpiling those core, talented candidates who are hard to find when they need them. This approach generally applies to specialized or higher skilled candidates in fields such as in information technology, social media, engineering, and accounting – where worker shortages have led to prolonged searches and lost revenue.

According to Jacob Zabkowicz, Global VP of Korn Ferry, about 10% of hires in such fields now occur when there’s no specific job opening, and 57% of corporate recruiters say they’ve hired for a specific skill set even if there was no existing role for the candidate. Although the extra payroll can temporarily squeeze department budgets, managers are finding that it is better to be over-staffed in a good economy and have the ability and capacity to grow into bigger shoes, than to lose customers by not being able to meet the supply for their demand.

Creating a Company Culture Where Top Talent is Welcomed by All

As always, communication is key. Otherwise, excess hiring could breed resentment with existing employees who may feel threatened. Be transparent with current staff and get input from them, as well as the new team member, in helping to develop new job descriptions. Speak to what’s in it for them. If growth is the goal, that’s hard to accomplish with a lean staff who is already working overtime, unable to take lunch breaks, and is reluctant to ask for vacation time. In the end, great talent will embrace and welcome new employees who are eager and able to help the company achieve its goals.

Sources: ASA Staffing Today, March 6, 2019; USA TODAY, Paul Davidson, March 6, 2019

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