{"id":9259,"date":"2015-06-26T15:43:41","date_gmt":"2015-06-26T20:43:41","guid":{"rendered":"https:\/\/strategicsearch.com\/technical-recruiting-blog\/?p=1629"},"modified":"2015-06-26T15:43:41","modified_gmt":"2015-06-26T20:43:41","slug":"longer-job-searches-solution-hire-only-one-executive-recruiter","status":"publish","type":"post","link":"https:\/\/strategicsearch.com\/beta\/longer-job-searches-solution-hire-only-one-executive-recruiter\/","title":{"rendered":"Jobs Open Longer: Hire Only One Executive Recruiter!"},"content":{"rendered":"<p>Recent statistics from the <a href=\"http:\/\/www.dol.gov\">Labor Department<\/a> show a record number of job openings by U.S. employers. The reported 5,400,000 current jobs are the most since they started tracking them in 2000. Combined with two other recent studies, this explains why positions are taking longer to fill not only in the U.S., but also worldwide. This is particularly true for R&amp;D, engineering, scientific, technical, IT and manufacturing positions that our technical recruiting firm specializes in. As a result, many companies have reported substantial decreases in productivity due to key positions being unfilled for longer periods of time.<\/p>\n<p><a href=\"https:\/\/strategicsearch.com\/technical-recruiting-blog\/longer-job-searches-solution-hire-only-one-executive-recruiter\/steven-j-davis\/\" rel=\"attachment wp-att-1635\"><img loading=\"lazy\" decoding=\"async\" class=\"  wp-image-1635 alignleft\" src=\"https:\/\/strategicsearch.com\/technical-recruiting-blog\/wp-content\/uploads\/2015\/06\/STEVEN-J.-DAVIS.jpg\" alt=\"STEVEN J. DAVIS\" width=\"210\" height=\"239\" \/><\/a><span style=\"color: #000080;\"><a style=\"color: #000080;\" href=\"http:\/\/www.chicagobooth.edu\/faculty\/directory\/d\/steven-j-davis\">Stephen Davis, an economist at the University of Chicago<\/a><\/span>, reported recently that jobs are staying open 27.3 days. This is nearly double the 15.3 days it took companies to fill jobs in mid-2009! Furthermore, his <span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"http:\/\/faculty.chicagobooth.edu\/steven.davis\/\">research<\/a><\/span> demonstrates that this increase is wide spread across many industries, regions and various sized companies!<\/p>\n<p>Many R&amp;D recruiters, engineering recruiters, scientific recruiters, technical recruiters, IT recruiters and manufacturing recruiters we have polled over the past six months confirm Dr. Davis\u2019 findings. They have found that due to simple \u201c<em>supply and demand<\/em>\u201d there are more jobs and fewer candidates. For example, several industries, such as tech and financial services currently have about 2% unemployment rates.<\/p>\n<p>A second report released on Thursday, June 18th by <strong><span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"http:\/\/www.achamberlain.com\">Andrew Chamberlain<\/a><\/span><\/strong>, chief economist at career-research firm <span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"http:\/\/www.glassdoor.com\/index.htm\">Glassdoor<\/a><\/span>, found that the average interview process in the U.S. took 22.9 days in 2014 due to an exponential increase in background investigations currently done by employers. That is up from just 12.6 days in 2010.<\/p>\n<p>Screenings and background checks in particular have grown to 42% of all U.S. job candidates. That is up from just 25% in 2010. For example, 23% of all job candidates in 2014 received some sort of skills evaluation compared with only 16% five years ago. Furthermore, 23% of received a drug test last year versus only 13% in 2010.<\/p>\n<p><span style=\"color: #000080;\"><strong>What can an employer do to combat this longer hiring process?<\/strong><\/span><\/p>\n<p><a href=\"https:\/\/strategicsearch.com\/technical-recruiting-blog\/longer-job-searches-solution-hire-only-one-executive-recruiter\/employment-recruiters\/\" rel=\"attachment wp-att-1636\"><img loading=\"lazy\" decoding=\"async\" class=\"  wp-image-1636 alignright\" src=\"https:\/\/strategicsearch.com\/technical-recruiting-blog\/wp-content\/uploads\/2015\/06\/employment-recruiters-300x188.jpg\" alt=\"executive recruitment\" width=\"270\" height=\"169\" \/><\/a>Many of the executive recruiters that we polled suggested that hiring companies should adopt a process of \u201c<em>less is more<\/em>.\u201d Often when employers hire an engineering recruitment agency or a technical recruitment agency or IT jobs recruiter or executive search firm they falsely believe that the more management recruiters that they have working on their jobs, the faster they will fill their positions. Unfortunately, when you have a limited sampling frame of key technical talent for a given opening (<em>e.g. nanotechnology or AI scientists<\/em>) and you have multitudes of <strong><a href=\"https:\/\/strategicsearch.com\/\" target=\"_blank\" rel=\"noopener\">executive recruiting firms<\/a><\/strong> trying to recruit the same, small pool of talent, this will often alienate an otherwise eager scientist willing to make a jobs change.<\/p>\n<p>Instead, especially with current job market conditions, 87% of those same executive recruitment firms we polled suggested it is much better to retain <strong><em><u>only<\/u><\/em>\u00a0<\/strong>one executive recruitment firm that you trust. This will lead to them providing you a lot more service, effort and perseverance in meeting your needs. This can go a long way towards more thoroughness, quality and efficiency with jobs staying vacant longer.<\/p>\n<p><span style=\"color: #ff0000;\"><strong>What are your findings?<\/strong><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Recent statistics from the Labor Department show a record number of job openings by U.S. employers. The reported 5,400,000 current jobs are the most since they started tracking them in 2000. Combined with two other recent studies, this explains why positions are taking longer to fill not only in the U.S., but also worldwide. This [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[64,115,116,117,120,110,65,111,55],"tags":[124,89,76,148,127,139,47,56,35],"class_list":["post-9259","post","type-post","status-publish","format-standard","hentry","category-engineering-recruiter","category-executive-recruiter","category-executive-recruiters","category-executive-recruitment","category-rd","category-rd-recruiter","category-recruiter","category-scientific-recruiter","category-technical-recruiter","tag-artificial-intelligence","tag-design-engineer-jobs-in-wisconsin","tag-engineering-recruiter","tag-rd","tag-recruiters","tag-recruitment","tag-research-development","tag-technical-recruiter","tag-unemployment-rate"],"_links":{"self":[{"href":"https:\/\/strategicsearch.com\/beta\/wp-json\/wp\/v2\/posts\/9259","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/strategicsearch.com\/beta\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/strategicsearch.com\/beta\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/strategicsearch.com\/beta\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/strategicsearch.com\/beta\/wp-json\/wp\/v2\/comments?post=9259"}],"version-history":[{"count":0,"href":"https:\/\/strategicsearch.com\/beta\/wp-json\/wp\/v2\/posts\/9259\/revisions"}],"wp:attachment":[{"href":"https:\/\/strategicsearch.com\/beta\/wp-json\/wp\/v2\/media?parent=9259"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/strategicsearch.com\/beta\/wp-json\/wp\/v2\/categories?post=9259"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/strategicsearch.com\/beta\/wp-json\/wp\/v2\/tags?post=9259"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}