Tom Sweeney

It's a coming of age tale….

Archive for February, 2009

Friday is dooms day….

Posted by sweens on February 6, 2009


As I briefly mentioned earlier in the week, a report that came out today shows that January was the worst month for employment in Canada in the last 3 decades.  Canadian employers were forced to cut a record number of 129,000 employees which drove unemployment up from 6.6% to 7.2%.

 

Statistics Canada has reported the downturn in employment as the largest since 1976.  The manufacturing sector was one of the hardest sectors hit setting record numbers of lost jobs.  Of the 129,000 jobs lost, 100,000 of them them came from the manufacturing sector.

 

While this situation has affected everything from the Canadian dollar to the housing market, economists are suggesting that Canadians will climb out of this economic downturn quicker then previous economic situations. 

To read more, please visit:

http://ca.news.yahoo.com/s/reuters/090206/business/cbusiness_us_economy_jobs_canada

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Facebook turns 5… Nortel continues bankruptcy protection plan!

Posted by sweens on February 6, 2009

Internet social networking giant FACEBOOK turns five (5) today.  FACEBOOK shared this milestone with its 150 Million members.  To read more details on this, please view:

http://ca.news.yahoo.com/s/afp/090205/technology/us_society_internet_facebook

 

In other news, NORTEL is seeking to extend its bankruptcy protection to May 1 (a 3-month extension) while the former Telecommunications giant tries to restructure its business.  To read more details on this, please view:

http://ca.news.yahoo.com/s/reuters/090206/business/cbusiness_us_nortel

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Contract VS Permanent: Can I make the switch?

Posted by sweens on February 5, 2009


Many people switch career paths between contract and permanent opportunities and there is absolutely nothing wrong with that.  Everyone has different motivations for this move from opportunity to work environment to the lifestyle associated with contracting.  I would like to discuss candidates who have been a long time contractor who are interested in permanent opportunities.

 

This is a trend I have seen more commonly as of late.  Most candidates are alluding to the recent economic change we are experience as a motivating factor for long time contractors suddenly seeking permanent opportunities.   This is great for a recruiter as it increases the candidacy pool for permanent opportunities and contractors often have a very strong technical toolset that many companies would be interested in.  However it is not all good.

 

Candidates who have been contracting for a long time (or their entire professional career) should be aware of the ‘image’ associated with contracting.  This ‘image’ I refer to is that long-time contractors do not want to remain with the same company for a lengthy period of time.  That they like variety.  And as I mentioned earlier this is not an issue but it is going to be a topic you are going to have to be prepared to talk about should you be looking at making a move from contracting into a permanent role.

 

WHY SHOULD I PREPARE FOR THAT?

 

The reason candidates should prepare to answer this question is that companies who are hiring (especially these days) are looking for employee retention.  They are going to be looking for a candidate that wants to grow with the organization rather then fill a hole until the economy turns around.  If you have been contracting for years and going from company to company, your resume may not demonstrate your desire to ‘settle down’ with one organization for a while.  Add that to the fact that if you are using an agency to get placed, the company who is going to hire you is going to pay a premium fee to hire you – so any organization is going to make sure you want to join their team for the long haul.

 

The other big change between contracting and permanent opportunities that candidates need to consider is the difference in pay.  Contracting obviously pays more then a permanent opportunity, however permanent opportunities can offer RRSP options, benefits, pensions, etc.  These options are not available to you during normal contracts and as such they aim to offset the difference in pay.

 

Candidates who are switching from contracting to permanent should look to set realistic salary expectations when making this move.  While demanding fair market value for your skill set is in your best interest, be aware that it is a different market and the market is currently dropping.  Happy hunting!

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Retail stores slash jobs….

Posted by sweens on February 5, 2009

Canada’s oldest company – The Hudson Bay Company – has announced that it will cut around 5% of its work force (roughly 1000) jobs in order to remain competitive during these tough economic times.  This move comes just two days after American department store – Macy’s Inc – announced it would cut roughly 7000 jobs.

To read more please visit: http://ca.news.yahoo.com/s/capress/090204/business/hudson_s_bay_cuts

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Is Friday dooms day??

Posted by sweens on February 5, 2009

I know most of us look forward to Fridays as they usually signify the end of a busy work week, however Yahoo News is reporting that an economic report that is scheduled to come out tomorrow (Friday) will show that Canada lost up to 40,000 jobs in the Month of January.  The article went on to further suggest that this was just the tip of the iceberg as many other companies are expected to cut jobs, freeze hirings and salaries.

jobless

The article did go on to state that Canada did enter this recession from a much strong point then our American friends.  Perhaps a bit of good news?

 

For the full article please visit: http://ca.news.yahoo.com/s/capress/090203/business/jobs_economy

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Post Interview Feedback…

Posted by sweens on February 3, 2009

 

An important step in the recruiter/candidate relationship is the post interview feedback.  This can easily be a step that gets passed over from one opportunity to the next but it is one that can be very beneficial.  Recruiters on the whole want to be kept up to date anytime a candidate gets to interact with their clients so it certainly makes us feel good.

 

This step also allows a recruiter to find out what how the client interviews.  What types of questions they ask.  What they are interested in during an interview?  It is not uncommon for a client to say we are looking for “x” and once they interview someone who has “x” they tell that candidate that “x” is not important to them at all.  Letting your recruiter know what questions were asked can allow any miscommunication to get sorted our sooner rather then later.

 

The feedback any candidate can also provide to a recruiter following the interview will allow the firm representing you to appropriately seek out the hiring manager for feedback and allow them to have an informed conversation on your behalf.  All in all it is a quick 2 minute conversation that helps the process.  What have you got to lose?

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Who’s interests are being looked at…

Posted by sweens on February 2, 2009


Thanks to the comments I received last week from a few readers, I would like to briefly talk about who the recruiter works for when you engage a recruitment agency.  This really is not an easy question to answer since there are two components to every recruited position.  Both sides being that any agency works for both the company that has engaged our services and the candidate being recruited.

 

WHY IS THIS IMPORTANT TO THINK ABOUT?

 

This is important to think about because when two clients (customers and candidates) are engaged in the same opportunity, someone is undoubtedly going to have more ‘pull’ then the other.  In most cases this ends up being the customer.  The reason for this is simply that the customer is paying a fee to engage an agency in their search, where as candidates pay nothing to be contacted or to contact an agency. 

 

DOES THE CANDIDATE REALLY LOSE?

 

This does not mean that a recruiter goes into every search with the customers’ best interest in mind and not that of the candidates.  What it does mean is that a customer does have the right to demand certain criteria from any prospective candidates.  Let us assume for a second that I am searching for a Project Manager who has 15+ years experience and my customer wants someone who holds a PMP certification.  While I do not doubt that if I found a Project Manager who had been a Project Manager for 20 years without a PMP certification, they could do the job; this person simply does not meet my customers’ requirements.

 

 

Often times I speak to people who can meet and exceed the scope of the position but do not meet some of the necessary requirements my customer has laid out for me.  Many people know that a job description often contains a ‘shopping list’ of desired skills and not all are mandatory where many skills can be a ‘nice-to-have’.  However sometimes there are skills that customers are unwilling to waiver on.  If possible candidates should work with recruiters to outline what is absolutely mandatory and what needs to be done for the position.

 

This is not meant to scare anyone into thinking that a candidates’ interests are not being looked at – because they are.  A recruiter should act in your best interest when dealing with their customers.  However, at times candidates and opportunities simply will not match based on a difference in desired requirements to candidate experience which generally does not work out for both sides.  While your experience may qualify you for the scope of the position your considering, your experience may not satisfy some of the necessary requirements any given customer can outline.

 

The relationship that exists between recruiters and candidates is a unique one- as recruiters can often connect candidates to new opportunities.  However a small realization that someone on the other end is setting the criteria for any given position is probably required.  Trying to please two sides at the same times can often be a challenge but honesty and respect for both parties should leave everyone happy – even if it did not result in a successful hire. 

Posted in Recruitment | Tagged: , , , , | 1 Comment »

 
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