• Sarah

Progressing Your Job Search In a Hiring Slowdown

It’s a scary time for everyone at the moment, between the Coronavirus outbreak and the global market volatility. Amongst the news of hiring freezes and slowdowns, we’re also seeing lots of layoffs happening, not only in startups, but in established companies and banks as well. While some industries may be more affected than others by the current state of things, it seems like everyone’s been affected.

For those of us looking for their latest move, this could mean a longer search, which, let’s be honest, takes a toll mentally, and financially as well, if you’ve already handed in your resignation letter. With more candidates competing for a smaller job pool, it’s going to be more important than ever for you to outshine the competition. To help with that, we’ve made this list of tips for you to get you through your job search this season.

1. Consider Flexible Arrangements

The current state of the world seems to have turned most businesses into commitment-phobes, and understanding that may give you an edge moving forward. So be open to contract positions, part time work or even consulting jobs. While we know, it’s not the ideal scenario, and everyone prefers the security of a permanent position, it may be worthwhile if you’re not currently working or if it would allow you to gain relevant experience. Plus, who knows? Maybe you’ll do so well in the position that they end up begging you to stay!

2. Keep the status of your existing searches in mind

Good on you if you’re already in the midst of the interview process with a prospective employer! A good practice when interviewing is to keep in touch with the company’s point of contact, but this becomes even more important now. You want them to be able to come to a decision as quickly as possible (without rushing them of course), so you can get in front of any more bad news coming out. So be sure to respond quickly to their emails if they’re asking for any more information or want to schedule further meetings. Waiting three days before responding isn’t cool anymore (not that it ever was, let’s be honest).

Plus, as more companies start working from home, it may take some time before everyone gets used to things. Remember to regularly follow up with your contact in the company as well, so that your application doesn’t get lost in the craziness.

3. Make use of your network

Your former bosses, colleagues or friends already know (and hopefully like) you. They know how you work, and they’re familiar with the quality of work you do, making it less risky for them to hire you. Even if they’re not looking to hire, they may know somebody who is, and a recommendation from them could do wonders for your job search. It could potentially make your application less of a wildcard for prospective employers, and shorten the time they need to consider your applications. At the very least, your network could potentially help you strengthen your application by taking a look at your resumes or by giving you tips to ace your interviews.

4. Don’t get complacent

We see it all the time, but it’s a bit more dangerous in a down market - your applications are paying off, and you’re getting calls for interviews. We’re happy for you. Really. But this doesn’t mean you should stop applying for new positions too. It just gives you a bit more of a safety net, to ensure that if the interviews you’ve got already fall through, you’ve got a steady stream of interviews coming instead of wasting time and re-starting from a hard stop. Just. Keep. Applying.

5. Be cautious

With all the things going on, if you haven’t handed in your resignation letter, think about whether it may be a better idea to stay where you are, to ride out the current climate. Or, if you’re set on leaving, take a bit of time to think about your offers before accepting them. Some things you may want to consider is the profile of the company you’d be joining, whether they have enough funding to get through the season and the sector they’re in. The current state of the economy is wreaking havoc on the travel and events industry, so these may not be the best idea for your next career adventure.

But whatever you decide, remember, hiring may slow down, but it doesn’t disappear.

The good news is, that despite popular opinion, most startups are relatively optimistic about 2020. Most of the employees feel pretty secure about their jobs, and most of them are planning to hire. So going back to being a bit more flexible, if startups aren’t your regular go-to, consider applying to some!

Lots of our clients are looking for tech talent, and we’ve got lots of great opportunities available. So if your job search is going a bit stale, and you need some inspiration, tell us a bit about yourself and we’ll curate a personalised list of opportunities relevant to you!

In the meantime, stay safe, don’t get discouraged and remember - Just. Keep. Applying.