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Gardner Resources Consulting's IT Staffer
May 2009
In This Issue
 
Article "Myths about Hiring in a Down Market" is based on a survey of local hiring managers. This article examines surprisingly widespread myths about hiring in today's market and ways to combat them. Whether you are a hiring manager or a candidate, it should make interesting and valuable reading.
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Gardner Resources is a Greater Boston-based specialty staffing firm focuses on matching senior IT professionals with hard-to-fill positions in the financial services and healthcare industries.
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Greetings from the Staff at Gardner Resources Consulting:

After hitting lows in March, economic indicators including the Dow, NASDAQ and S&P 500 have all recovered from their lows earlier this year.  Overall the pace of job loss has slowed.  Though layoffs are still occurring and local unemployment is nearly 9%, we are now seeing a small increase in open positions that companies deem critical.  We were surprised to learn how difficult it has been for companies to fill these positions.  The article below explores some of the common hiring myths that we believe contribute to their difficulties.

Article: Myths about Hiring in a Down Market

Common misconceptions about hiring in a down market can sabotage efforts to attract and hire top talent.  If you're ready to hire, you need to understand the dynamics that are in play in today's marketplace.

Many companies see the recession as an ideal time to exploit the difficulties of the job market.  According to a recent survey of local hiring managers, 74% of respondents believe that it is easier to fill jobs with highly qualified candidates now than at any other time in the past few years.  In fact, when it comes to hiring, there certainly is the perception of a larger qualified applicant pool, more interest in job openings and a greater number of resumes in circulation.  It was challenging to attract top talent when the economy was booming, but now many hiring managers are finding - to their amazement - that it's even more difficult during the economic slump. 

So, with unemployment across New England approaching 9% and a glut of resumes flooding HR offices, why are some hiring managers still struggling to fill open positions?  We talked with our clients across New England and conducted a survey of hiring managers to get a handle on the myths and realities of what it takes to hire top talent in today's market.  This article explores some of the myths of hiring in a down market - myths that can stop you from closing the deal with the top talent you need. If you're ready to hire, be sure you understand the real dynamics that are driving today's recruiting environment.

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