How COVID-19 is impacting the global job market and recruitment process.
How COVID-19 is impacting the global job market and recruitment process?
The coronavirus (COVID-19) is continuing its tear across the world. Many organizations are taking significant measures to mitigate the spread of the disease.
Along with keeping current staff healthy, organizations are also looking to protect prospective employees, putting particular policies in place for the hiring process.
According to Joe Caccavale, content marketer of Applied, a London-based company specializing in hiring and applicant tracking software: "The coronavirus will undoubtedly have a marked impact on job seekers, as other organizations place more extreme measures on the hiring process to protect the well-being of employees.".
How the epidemic affects the labor market in Poland?
The coronavirus presented the economic situation in Poland, significantly deepening the economic slowdown observed in the country for several months. The epidemic will have an immediate impact on employment statistics in Poland. In a wide range and crisis progression will appear in tourism, passenger transport, gastronomy, entertainment services, and there tricky services, such as rebounding from the bottom of activities.
Independent of State support, which believes that many are insufficient, includes the question - what next?
Every day, there are more people infected with the coronavirus. Poland has to face new challenges. Companies also face these challenges. It is not only about changes in the way of working and employee protection, but also a new look at recruitment.
Meeting candidates is dangerous when calculating epidemics. Therefore, companies are changing their approach to recruitment because they cannot be completely abandoned. There are always industries concerned about the crisis caused by the epidemic, as there are those that now need hands for work. To, among others retail chains or food producers.
The coming weeks for the recruitment industry is a considerable challenge. Changes must be made for this business to function efficiently.
The company is increasingly implementing changes in the organization of limiting meetings with clients and candidates. We must address the situation with detailed remarks, i.e., take care of hygiene and comfort of work, as well as minimize the risk by limiting the conditions that threaten infection — a coronavirus for us to test, which forces us to change our professional lives.
Hiring precautions due to the coronavirus
1. Video interviews
One of the most noticeable changes companies have made to the interview process involves telecommunication. To prevent any possible spread of the virus, organizations are shifting in-person interviews to video calls.
"Job seekers should be prepared to conduct more phone, and video interviews as the virus spreads." Even if they're applying to local jobs, employers may be inclined to invite applicants for remote interviews rather than bringing them into the office, just to be safe." said Brie Weiler Reynolds, career development manager at FlexJobs.
Many companies invite interviewees to speak via Skype, Zoom, or Hangouts Meeting but also allow the opportunity to come into the office. However, for those who choose to come in, the company requires both the applicant and interviewer to keep security measures.
2. Halting hiring
Some organizations are freezing hiring altogether. European holiday company TUI, German airline Lufthansa, and SingPost have all suspended recruitment practices due to the coronavirus.
Stopping hiring entirely for an extended period could have adverse effects on business, and employees are concerned about that very outcome. The business outlook ratings from employees in affected countries are trending downward, according to Glassdoor data.
3. Delayed hiring
Another route businesses are taking with hiring is to delay the recruitment process. Rather than stopping the process altogether, some organizations are continuing the interview process but waiting with the offer.
The offer delay is the best option for organizations at this point.
Digital Analyst, Brian Solis thinks that:
"Because there's uncertainty right now. [The virus] does have the potential to be the thing that causes a recession to occur, but it also has the potential a month from now to be completely worked through the system and be a memory."
Employers must communicate
Regardless of the avenue companies take, the key is to remain transparent and talk to all parties involved.
"In the current environment, transparency and communication are important, not just to employees but also to prospective candidates. Right now, people are going to be fairly understanding. They know that the outbreak is going to be disruptive, so it's just important that employers are ahead of the curve and making sure that they're talking with both employees and candidates. Even if they don't have all the answers, employees and candidates both will appreciate having that heads up." - Daniel Zhao, senior economist and data scientist at Glassdoor.
Please note, however, that interpersonal contact is still a priority for both the employee and the employer, and we are not able to eliminate him. In the current situation, we do not see the recruitment dynamics falling significantly.
We can even suggest that the dynamics of recruitment processes will increase significantly.
Due to this situation, many companies are forced to reduce costs wherever possible. Currently, due to the lack of sufficient help from the state, many companies decide on drastic, but necessary for them, steps related to dismissals — everything to survive somehow. Most often, this situation reaches precisely employees and people who were employed on the basis of civil-law contracts, who now, without a livelihood, usually in a difficult life situation, are again becoming active participants of the labor market.
Although we observe that some candidates and employers experience high stress related to the current situation, it means that they give up starting new recruitment processes. At least because of the difficulty of implementing an employee to a company that lacks a large part of the team. At this time, however, the percentage of such situations is small.
Let's consider whether this is not the perfect time to think about increasing the capital of your human resources, through recruitment in industries whose crisis is not fearful. This will add value to not only your companies, but also unpriced capital that will invest in the future by employing qualified specialists, which is increasingly appearing on the market.
If you need help with recruitment or are looking for employees tailored to your needs - contact us. We can help!