Many firms recently have indicated that they would prefer to fill vacant positions with passive candidates (who are already employed) as opposed to active ones.
S has been on break from her career for the past six months now. She got married and needed sometimes to settle down in her new life. Today she intends to re-start her career and hence, began browsing through several job sites in a quest to find a suitable job. However she was taken aback by a particular line mentioned in a vacancy announcement that said only the employed need apply.
Post recession companies are increasingly interested only in applicants who already have a job because according to them, these survivors are usually the top performers say experts.
Many organizations that were severely affected by the economic downturn formed core teams and every other day we read of job cuts across all industry verticals. And this resulted in a vast talented pool going jobless. Those who survived the rough weather somehow assumed the winner status. This is precisely why some recruiters now seem to be gunning for them than the ones who lost their bit and are seeking jobs currently. However it is a notion harbored by some and not as an industry trend. However, for every opening, both passive as well as active seekers should be screened sans any preference.
The trend visible post recession as passive job seekers are trained experienced and quality candidates who save an organization’s money, otherwise invested on training active job seekers. Targeting the actively passive candidates who are not actively seeking an immediate opportunity, but keep their eyes and ears open and always have a hand on the pulse of the job market, are worth the hunt
In a fast growing economy like India the employed mass has to grow. It is therefore impossible for employer particularly large ones to focus only on already employed resources. At Jindal Intellicom they usually try to strike a balance between people new to the industry (read: freshers) and people who are experienced. The most obvious reason why passive candidate hunting is occurring on a wide scale is because it acts as a filter when companies look to hunt for best talent especially for senior positions.
If this trend rises, what will happen to those who are unemployed at the moment? One the distributing developments if this trend gains more acceptances could be that the unemployed may have to compromise when it comes to their package, position or profile of the company they were or have been working with. The mantra therefore is to keep updating their skills go for higher or professional / vocational education or training in the interim period and thereby become more employable if they are some what up in the corporate hierarchy they could take up lectures in institutes impart their knowledge and be seen as domain experts or thought leaders .
To begin with, we do not agree with the hypothesis / trend as stated. The ITeS industry, that we belong to, is a major employment driver for freshers. For the Indian growth story to succeed hirable candidates, whether employed or unemployed will always have opportunities in the foreseeable future. We come across various candidates, who were laid off or are at the verge of being laid off by their current organization. They offered employment, based on their skill set notwithstanding their employee status. However for those who are facing hardships we would recommend them to keep strong senior level references from the previous employer ready and have demonstrable records of performance in place.
Hence, for those who are either out of work at the moment or are actively looking or a job, don’t fret when you hear of companies hiring only the employed. Go ahead and show them your worth and you will certainly shine through.