A recent survey conducted by CV-Library has found that 64% of candidates have accepted a job offer that they’re unsure about while they continue their job search.
There are two main reasons for a candidate job-hoarding:
- To play employers off against one another: revealing what one has offered in order to push the other’s offer up.
- In desperation, in case the candidate does not receive a ‘better’ offer.
Katherine Wiid, Career Management Expert from Career Ambitions has noticed a dramatic increase in job hoarding in 2016: “Candidates are assuming that the job market will slow down as a result of Brexit. Because of this, they are putting their search for their ideal job on hold and accepting the first job that they are offered.”
Employers need to protect themselves against job-hoarders by putting extra focus on determining whether a candidate really wants the job, and why. Does that candidate seem passionate, and are they being transparent with you?
The next step is to protect your potential employees from counter offers. If you have spotted their talent, it’s likely others will too! A recent survey of Millennials conducted by Futurestep revealed that their main workplace priority is not salary, but instead ‘the ability to make an impact on the business.’
“Don’t make assumptions that the candidate knows what you are offering in addition to the salary. By understanding what motivates them, you can include this in your job offer,” says Lindsey Reed, Career Management Expert from Career Ambitions.
The key is to really sell the role you are hiring for; how can your candidates make a difference and have the opportunities to develop and further their skills? Whatever you do, don’t get dragged into negotiations by a potential employee who is clearly willing to play games. As soon as the games begin, step out of the ring.
Is your recruitment process being hampered by time-wasting job-hoarders?
Career experts Katherine Wiid and Lindsey Reed of Career Ambitions are experts in career management. Get in touch today to find out how they could help you to avoid job-hoarders and secure your ideal candidate, fast.