A candidate driven market means that there are currently more available jobs than there are available candidates. This current market suggests that the waves of hiring surges are bringing competition back to the job market as recruiters fight for any possible candidate, let alone the best candidates.

What is the impact for candidates?

If you are a skilled candidate, then this market is great for you. It means that there is plenty of work available and you do not need to be afraid of leaving a job you are not happy in. You hold the power and you will be likely to have your pick of a range of jobs within great companies.

Consider the additional perks and benefits available to employees and make sure the candidate is aware of these. Something like flexible working, for example, could really help with their goal of a better work/life balance and could ensure they join your business.

Why you shouldn’t delay hiring

Companies out there are looking to employ good quality candidates as quickly as possible. This means that the time candidates spend looking for a new job is shorter than it ever used to be. It also explains why you may have heard of competitors message users on LinkedIn directly; even if they are not looking to move on and are comfortable within their existing role.

If there is any form of delay or the candidate is not made aware of when they can expect to hear from you, chances are when you do offer them the job they will be employed elsewhere.

This will then result in the time and effort of recruiting starting from the beginning again. Alternatively, it could mean you opt for a below-par candidate as you need the vacancy filled due to time constraints or workload.

If you are a business in need of recruitment, we can help. Our agency has a list of job seekers ready to start the next step along their career path. We can also help improve your business recruitment process. Want to know more? Contact us today!