The job market is certainly changing extremely fast these days. With the slow release of global lock-down from Covid-19 we are starting to see an emergence of a starkly different world, and it's not necessarily a great time to find a new job.
When I launched my interview coaching business in 2008, we were entering a financial recession, that went on for a number of years. Jobs were scarce and people were scared. I can’t believe how fast the years have gone by and here we are again. Another global recession looming like a juggernaut in the rear-view mirror.
We can all only hope that the bounce back won’t be as long as the last recession.
However, there are glimmers of hope among the grey gathering clouds. The rise of home working will be transformative for many who hate their daily commute or dislike the noise of a busy office. Employers who have got a handle on how the technology works for remote working are becoming embracing of this very swift change. Of course, there will be those stuck in the past, demanding presenteeism in the office, but like those companies slow to change and adapt they will find it hard to attract new talent.
What does it Mean if you are Looking for a New Job or Promotion?
Things are going to be tough for a while in the job market and you can’t afford to be complacent or unprepared for your interviews because other candidates will be prepared and may get the job.
This is a hard shock to the system, as we are seeing the balance of power shift fast into the employer’s hands, from what was, at the start of 2020, a strong candidate market. Now, it is an employer’s market, which means they can be pickier than in the last few years, when they had to search high and low for talent. Expect to see the balance of power shift in the next six months as more companies rationalise their workforce and implement cost saving measures with redundancies. Employers, who are looking to hire, will have their pick of candidates and are back in control. In an employer’s market expect to see:
How you can Help Yourself to get Prepared for Interview
You can avail of all my experience having guided hundreds of clients through the last recession. You can take my free online course on ‘What to do before Applying for a New Job’ to make sure your application is impactful and give yourself a great chance of getting an interview.
For full interview preparation I recommend booking into one of my interview coaching programmes. There is a programme that will meet your needs whether you are an Executive, Manager, or a Professional seeking a new job or Promotion or Graduate.
To get in the best shape you can, if you are looking for a new job, take my pre-application course and clean up your Linked In profile, dust your social media down, and get a targeted CV in place.
Then book in your interview coaching with me.
If you want to speak to me about your interview preparation needs please book in a call.
Clare Reed is a leading global expert Interview Coach with over 22 years global interviewing and coaching experience.