Even if you’re in an area that has had minimal direct impact from the coronavirus, there’s no doubt that COVID-19 has changed the way you’re doing business today. From working remotely to conducting virtual interviews, the recruiting industry has had to adjust; and with those adjustments comes a few challenges. How are you responding to COVID-19? Is your company putting a halt to recruiting until further notice or is your business using this time to think strategically about where you want to be when the economy returns to some level of normal? Whatever the case may be, today we’ll discuss five recruiting responses to COVID-19 we’ve seen and what that could mean for you.
Recruiting Response to COVID-19 #1: Hiring Freeze and Layoffs
For some companies, the immediate recruiting response to COVID-19 was to freeze all hiring and layoff their workforce in an effort to reduce costs, especially in non-essential businesses that were forced to close their doors.
The “good” news is that laid-off employees can apply for unemployment and the government has made loans available to small businesses that should allow most companies to continue payroll during this downturn. It’s a challenge that no one anticipated at the beginning of the year, but hopefully, it allows everyone to stay in business.
Recruiting Response to COVID-19 #2: Recruiting Boom
On the other end of the spectrum, some businesses are experiencing a recruiting boom. Businesses deemed “essential” are finding that they need more people to respond to the demands of the market.
For example, according to USA Today, Lowe’s Home Improvement stores are hiring 30,000 workers and giving employees $80 million in bonuses right now in response to COVID-19.
Employees who might have been laid off from other companies are now back on the market and open to new opportunities, so for companies like Lowe’s – they’re taking advantage of the opportunity and scooping up talent that they might not have had access to a month ago.
Recruiting Response to COVID-19 #3: Holding Down the Fort
In some cases, the recruiting response to COVID-19 is that companies are trying to carry on as normal, fill positions that were open and manage the work as best they can until the coronavirus is a distant memory (or bad dream).
If your company is able to work remotely and carry on business as usual, that’s awesome. However, it’s important for business owners to effectively communicate the company’s plans for riding the wave while following government orders, including what that means for potential candidates that may have been in the pipeline. Ensure current and future employees that you are still focused on your employer brand and that you’re taking all the proper precautions to make sure your team is safe.
#4 Proactively Recruiting
A more strategic recruiting response to COVID-19 is to start proactively recruiting for future needs. While the economy will surely experience some sort of a recession as a result of the coronavirus pandemic, it can’t last forever. The economy and businesses will be back up and running with some level of normalcy within the next few months, and those businesses that are able to survive the downturn have to consider what they’ll look like on the other side.
Does your business have the right talent in place to manage the future demand? What are the biggest needs that your business will have as it relates to talent in response to the coronavirus?
Oftentimes, the recruitment process can take a few months, especially if you’re adding new positions or executive roles, so now is a wonderful time to start planning ahead so that you can effectively hit the ground running once the stay at home orders have been lifted. You may even want to continue or start conversations with potential candidates, especially if relocation is involved.
#5 Process Improvement
Another strategic recruiting response to COVID-19 is to take a step back and use this extra time to improve their recruitment process.
One of the best ways to improve your recruitment process is to start using an online applicant tracking system. Recruiteze’s free online applicant tracking system is an amazing system that can help you become more effective, productive, and streamlined, without having to worry about the day-to-day hassle of keeping track of a never-ending spreadsheet.
Choosing the right recruiting software for your business is easy with help from Recruiteze! Want to use it for free? You can access our recruiting software for free with a basic membership. Recruiteze is our free online applicant tracking system that allows candidates to apply to be added to your database immediately. End-users can access candidate resumes online and make changes quickly. Recruiting based on your needs has never been easier with your custom job board. This feature allows candidates and customers easy access to information and creates a level of professionalism expected in today’s marketplace.
We offer free 15 day trials of any of our other memberships and paid packages start at only $10 per month with unlimited support, users, and more. Contact us for more information.