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Archive for May, 2011

Most Overused Word

My vote for the most overused word in resumes:

Dynamic

It has become cliché in my eyes.

Candidates Are Negotiating Pay

I can attest to the findings referenced in this Manpower survey:

Just last week, ManpowerGroup released the results of its sixth-annual Talent Shortage Survey.

The survey included almost 40,000 employers across 39 countries and territories. Globally, 34 percent of employers say they are having difficulty filling positions. The three most challenging occupations are Technicians, Sales Representatives, and Skilled Trades. The reasons most often cited are lack of experience, lack of available applicants and lack of technical skills. In the US, there is the added reason that candidates looking (sic.) for more pay than is offered.

Don’t you find that last line interesting?  Candidates are negotiating the compensation plans.  In sales, this is rather common even in an employer’s market like the present one we are experiencing.  Still, I do find it interesting that many companies are experiencing candidates who wish to negotiate the comp package.

Imagine, if they are willing to negotiate in this market, what will they do when hiring truly picks up and the pendulum swings back to the candidate side? (at least as much as possible – employers are always the in the ultimate control).

It Is All About Communication

From today’s Herman Trend report (emphasis mine):

The other highlights of the study are fascinating: the least happy of the generations is the Baby Boomers. They expressed the strongest discontent with their employers and the greatest frustration that their loyalty and hard work have been neither recognized nor rewarded. “Almost one-third (32 percent) of Baby Boomers surveyed say a lack of trust in leadership is a top turnover trigger—the highest ranking by any workforce generation.”

Employers are most vulnerable to lose their Generation X workers. Lack of career progress is their top exit trigger (65 percent). Only 28 percent of Gen X employees surveyed expect to stay. This intention to leave is a clear signal to employers to expect a significant exodus by employees viewed as future leaders.

For the Millennials, their employers’ commitment to "corporate responsibility/volunteerism" was very important. Millennials are also nearly three times more likely to say a "fun work environment" is important than their Baby Boomers counterparts.

On the other hand, “employees who plan to stay with their current employers (35 percent) say their companies have strong talent programs, characterized by clear career paths, leadership development initiatives, trust and confidence in corporate leadership, superior programs to retain top talent, and effective communication.”

Did you catch that last topic?  Communication – this is almost a free move for any company, but it requires commitment.  The Gen X’ers are a generally skeptical bunch as I can attest – I am one.  I value all of the programs listed, yet it all starts with effective communication within the company and specifically within the manager-employee relationship.

Selling Experience

I have been swamped in sourcing activities recently and have decided to push some random thoughts up to the blog.  Here they are:

-Selling for modern-day monopolies (like utilities) is far different than selling in the highly competitive, cost conscious marketplace.  Sales candidates with these backgrounds must be screened for their ability to qualify money.  I have found that skill set lacking in these candidates.

-Why are candidates turning into stalkers?  I realize the job market is still incredibly tight, but I have come across many candidates who simply overdo it.  Sense of timing is an aptitude we assess and I am convinced it is more important now then ever.

-First impressions cannot be overstated.  I try to coach clients to let an interview run its entire course before coming to conclusions.  Still, you can tell this is simply difficult for all of us.

-Slick sells, but earthy makes better salespeople.  Some slick salespeople say the right things, have the right look, present the right topics and can’t sell anything but themselves landing on your payroll.  The longer I do this, the more I am impressed by earthy, sincere salespeople.  The recent shift to relationship-intensive sales has made these salespeople more valuable.