Comments on: Recruitment and Recession http://www.gigathoughts.com/human_resource/recruitment-and-recession.html Tue, 06 Jul 2010 20:59:30 +0000 http://wordpress.org/?v=2.9.1 hourly 1 By: Ashly http://www.gigathoughts.com/human_resource/recruitment-and-recession.html/comment-page-1#comment-137 Ashly Sat, 26 Sep 2009 03:04:03 +0000 http://www.gigathoughts.com/?p=572#comment-137 I am a recruiter in one of the consulting firms in Bangalore. We are recriuting for an Insurance Company.The postions are Branch manager and Sales Manager.The problem is that for the Sales manager position they require candidates with 3-5 yrs experience in sales and they should not have an Insurance background.Due to recession the candidates who have applied in naukri ,who are from other sectors are not willing to take up a job in the insurance sector.Which sector do we Target?Even the job seekers from pharma sectors (medical representatives)do not wish to take up a job in the insurance sector.For the Branch Manager position they require candidates who have an experience of handling an unit,7-10 yrs experience,people from banking and financial institutions.If we are to take people from financial institutions how are we to select based on their previous designation.Please comment on this.Can we select the people having one yr extra or 1 yr less experience to the required experience?? Please reply I am a recruiter in one of the consulting firms in Bangalore.
We are recriuting for an Insurance Company.The postions are Branch manager and Sales Manager.The problem is that for the Sales manager position they require candidates with 3-5 yrs experience in sales and they should not have an Insurance background.Due to recession the candidates who have applied in naukri ,who are from other sectors are not willing to take up a job in the insurance sector.Which sector do we Target?Even the job seekers from pharma sectors (medical representatives)do not wish to take up a job in the insurance sector.For the Branch Manager position they require candidates who have an experience of handling an unit,7-10 yrs experience,people from banking and financial institutions.If we are to take people from financial institutions how are we to select based on their previous designation.Please comment on this.Can we select the people having one yr extra or 1 yr less experience to the required experience??

Please reply

]]> By: Amit Desai http://www.gigathoughts.com/human_resource/recruitment-and-recession.html/comment-page-1#comment-62 Amit Desai Thu, 16 Apr 2009 12:49:52 +0000 http://www.gigathoughts.com/?p=572#comment-62 Hello David, i agree with you. i think the time is plan well and act fast. the things that i have planned are: * focus on cash flows so that you can get yourself covered before the steam runs out. so i am going to first focus on cost v/s realization areas for me to stay afloat * look to broaden my base, right now we provide recruitment to Insurance and financial service space. so cautiously we are going to move into other area to divide our risks. * Areas that i feel would recruit even during tough times are pharma as no matter what people still need medical assistance, FMCG - people cant do without basic necessities, education sector and tellecom these are the area we are trying to make inroads. I have given you an Indian perspective. i am not sure where your location is. But yeah last but not the least true test of companies mental strength is when the chips are down.. so stay focused and act fast and smart and we should be able to tide the wave and would make hay when the sun shines again. Hello David,

i agree with you. i think the time is plan well and act fast. the things that i have planned are:

* focus on cash flows so that you can get yourself covered before the steam runs out. so i am going to first focus on cost v/s realization areas for me to stay afloat

* look to broaden my base, right now we provide recruitment to Insurance and financial service space. so cautiously we are going to move into other area to divide our risks.

* Areas that i feel would recruit even during tough times are pharma as no matter what people still need medical assistance, FMCG – people cant do without basic necessities, education sector and tellecom these are the area we are trying to make inroads.

I have given you an Indian perspective. i am not sure where your location is.

But yeah last but not the least true test of companies mental strength is when the chips are down.. so stay focused and act fast and smart and we should be able to tide the wave and would make hay when the sun shines again.

]]> By: David http://www.gigathoughts.com/human_resource/recruitment-and-recession.html/comment-page-1#comment-61 David Wed, 15 Apr 2009 07:02:14 +0000 http://www.gigathoughts.com/?p=572#comment-61 I'm in the recruiting business myself. We all know less companies are hiring now, with the economic turmoil the world is going thru now. Are we just going to sit and watch, and wait till the storm is over, or are we going to look for some form of shelter? Give some thoughts about industries which are always hiring, regardless of the economic situation. For example, financial sales such as investments and insurance, and the real estate. There was almost never a time they stopped hiring new agents, and they know too well this is the best time to increase their number simply because there are more job seekers than there are offers. So is it the best time for recruitment firms to re-evaluate their scope of supplies. Solutions to problems always mean money. Now if you know someone has a problem in hiring new bloods into their industry, will you make money if you have the solution? Recruitment firms that never got involved in supplying to the insurance and real estate companies should rethink again. I’m in the recruiting business myself.

We all know less companies are hiring now, with the economic turmoil the world is going thru now. Are we just going to sit and watch, and wait till the storm is over, or are we going to look for some form of shelter?

Give some thoughts about industries which are always hiring, regardless of the economic situation. For example, financial sales such as investments and insurance, and the real estate. There was almost never a time they stopped hiring new agents, and they know too well this is the best time to increase their number simply because there are more job seekers than there are offers.

So is it the best time for recruitment firms to re-evaluate their scope of supplies. Solutions to problems always mean money. Now if you know someone has a problem in hiring new bloods into their industry, will you make money if you have the solution?

Recruitment firms that never got involved in supplying to the insurance and real estate companies should rethink again.

]]> By: Amit Desai http://www.gigathoughts.com/human_resource/recruitment-and-recession.html/comment-page-1#comment-53 Amit Desai Fri, 03 Apr 2009 13:26:12 +0000 http://www.gigathoughts.com/?p=572#comment-53 I guess the reliance marketing team has got on to the social media marketing to promote their services I guess the reliance marketing team has got on to the social media marketing to promote their services

]]> By: RW http://www.gigathoughts.com/human_resource/recruitment-and-recession.html/comment-page-1#comment-50 RW Wed, 01 Apr 2009 10:14:43 +0000 http://www.gigathoughts.com/?p=572#comment-50 At a time when organisations are looking at ways to reduce costs and optimise resources, Video Conferencing is the perfect way to meet your hiring needs. Using Video Conferencing for conducting interviews, saves you time and money besides reducing time to closure substantially. What’s more, seeing the candidate face-to-face also facilitates better assessment. Reliance World offers ready-to-use walk-in Video Conferencing services in 105 cities and towns across India and at 1100 locations in over 90 countries worldwide through its global affiliate network. For more information, visit http://www.relianceworld.in/vconf.htm At a time when organisations are looking at ways to reduce costs and optimise resources, Video Conferencing is the perfect way to meet your hiring needs.

Using Video Conferencing for conducting interviews, saves you time and money besides reducing time to closure substantially. What’s more, seeing the candidate face-to-face also facilitates better assessment.

Reliance World offers ready-to-use walk-in Video Conferencing services in 105 cities and towns across India and at 1100 locations in over 90 countries worldwide through its global affiliate network. For more information, visit http://www.relianceworld.in/vconf.htm

]]> By: M Suresh http://www.gigathoughts.com/human_resource/recruitment-and-recession.html/comment-page-1#comment-42 M Suresh Sat, 07 Mar 2009 15:12:22 +0000 http://www.gigathoughts.com/?p=572#comment-42 Being in this industry over 10 yrs, I feel that positive attitude and looking beyond our reach is what the time demands. We all know that the current situtaion will not last longer. However, I totally agree that companies are looking for the best among the lot to keep in pace with the market trend also taking care of their financial limitations. Be positive and let the show go on. Being in this industry over 10 yrs, I feel that positive attitude and looking beyond our reach is what the time demands. We all know that the current situtaion will not last longer. However, I totally agree that companies are looking for the best among the lot to keep in pace with the market trend also taking care of their financial limitations.

Be positive and let the show go on.

]]> By: Arcopol http://www.gigathoughts.com/human_resource/recruitment-and-recession.html/comment-page-1#comment-41 Arcopol Sat, 07 Mar 2009 13:22:37 +0000 http://www.gigathoughts.com/?p=572#comment-41 Neat. Amit, do you consult for media firms too? Neat. Amit, do you consult for media firms too?

]]> By: Amit http://www.gigathoughts.com/human_resource/recruitment-and-recession.html/comment-page-1#comment-40 Amit Sat, 07 Mar 2009 07:59:50 +0000 http://www.gigathoughts.com/?p=572#comment-40 Achyut couldnt agree more to what you have written. you views are on the spot the value add is really doing rounds the corporate world now a days be it candidates, clients, recruiters, consulting companies. every one is talking about recruitment ROI. Achyut couldnt agree more to what you have written. you views are on the spot the value add is really doing rounds the corporate world now a days be it candidates, clients, recruiters, consulting companies. every one is talking about recruitment ROI.

]]> By: Achyut Menon http://www.gigathoughts.com/human_resource/recruitment-and-recession.html/comment-page-1#comment-39 Achyut Menon Sat, 07 Mar 2009 05:54:51 +0000 http://www.gigathoughts.com/?p=572#comment-39 Amit-Brilliant!! As a recruiter, I am positive companies are hiring-but very very selectively-and after a lot of deliberation. Couple of interesting trends: 1. The kind of talent that a company needs in a 'growth market' is significantly different from that they need in a 'stagnant' or an 'uncertain' market. 2. Companies are seriously evaluating the value add for each employee. If the 'cost of carrying talent' is greater than 'cost of training new employees' -they have no hesitation in laying off people. And yes, there is a lot of topnotch talent available-itching to do top quality work-at 'reasonable salaries'!! And not all of them 'inbetween jobs' Happy hunting!! Amit-Brilliant!!

As a recruiter, I am positive companies are hiring-but very very selectively-and after a lot of deliberation.

Couple of interesting trends:

1. The kind of talent that a company needs in a ‘growth market’ is significantly different from that they need in a ’stagnant’ or an ‘uncertain’ market.

2. Companies are seriously evaluating the value add for each employee. If the ‘cost of carrying talent’ is greater than ‘cost of training new employees’ -they have no hesitation in laying off people.

And yes, there is a lot of topnotch talent available-itching to do top quality work-at ‘reasonable salaries’!! And not all of them ‘inbetween jobs’

Happy hunting!!

]]> By: BlogAdda's Tangy Tuesday Picks - Mar. 3, '09 | BlogAdda Blog http://www.gigathoughts.com/human_resource/recruitment-and-recession.html/comment-page-1#comment-37 BlogAdda's Tangy Tuesday Picks - Mar. 3, '09 | BlogAdda Blog Tue, 03 Mar 2009 09:42:41 +0000 http://www.gigathoughts.com/?p=572#comment-37 [...] : Recruitment in Recession?? Most of you think it is not possible but we have Amit Desai for you who can make it possible. Read on to know how it is possible and give your comments as well. This post from Amit Desai is our final pick for this week’s ‘Tangy Tuesday Picks’ [...] [...] : Recruitment in Recession?? Most of you think it is not possible but we have Amit Desai for you who can make it possible. Read on to know how it is possible and give your comments as well. This post from Amit Desai is our final pick for this week’s ‘Tangy Tuesday Picks’ [...]

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