Whilst most reports thus far in 2016 paint a very grim picture on employment within the Maritime and Oil & Gas sector, the fact is that employers around the globe remain active within the recruitment marketplace. However there is a distinct change in terms of the way in which companies are approaching recruitment and we have seen businesses handling their hiring strategy in three very different ways.
Company one: “The distressed purchase”
These companies have a recruitment requirement and they need a solution…yesterday. Someone has been fired, someone has left or due to unforeseen circumstances a vacancy has come up and it needs filling quickly. These companies will write a generic advert and advertise this vacancy on industry job boards, put it on their own website and approach candidates on CV databases. They are looking for a high quality of applications and will interview large numbers of candidates.
Company two: “Active but selective”
These companies have a developed recruitment process and a joined up approach to bringing in talent. They may have an in-house recruitment function and will likely use multiple external recruiters which can lead to lots of duplicate CV’s landing on the hiring managers’ desk from the multiple sources they are working with. They will be looking for the best talent in a very small pool of candidates, often leading to vacancies becoming left open for a long period of time. They will however be quick off the mark when they find what they are looking for.
Company three: “Employer of choice”
These companies will have recruitment and retention at the top of their agenda. Their employer brand is important to them and they will have a well-defined candidate proposition, with thought to why someone would leave their job to come and join them. They will usually work exclusively with one recruitment partner, typically a sector specialist, who will act as their eyes and ears in the marketplace. They will very rarely advertise vacancies, favouring a headhunting approach to finding talent. These companies are looking for very specific hires, will be very selective with the candidates they bring in for interview and will be unwilling to compromise.
Each of these approaches will come with its pro’s and con’s, and if you are a candidate looking for a new role then you will need to take time to understand how different businesses are approaching recruitment and think about which company is right for you and your career. The best positions are more difficult to secure, and this is certainly the case in the current climate.