Mariia Petrova’s Post

🚨 Stuck in the Talent Trap? Let’s Talk Solutions. In 2024, we’re witnessing an extraordinary paradox: massive layoffs in Big Tech, yet 1.7 million tech roles remain unfilled. How is this possible? Too many companies are trapped in endless hiring cycles, chasing "star developers" and perfect resumes – leading to project delays, painful hiring processes, and missed opportunities. It’s time to rethink how we access technical expertise 💡 In our latest article, we dive deep into: 🔺 Why the current hiring model is broken 🔺 How companies can escape the Talent Trap 🔺 The strategies smart businesses are using to deliver results fast 👉 Read the full article here: https://lnkd.in/etGt8e8n #talentstrategy #techtalent

#CareerAdvice #JobMarket #OutsourcingConcerns Hey everyone! 😊 So, I'm in this really awkward situation at work, and I could use your input. Here’s the scoop: I manage a team with three direct reports and a couple of others indirectly. But recently, ownership decided to **outsource two of my direct reports** to a different country, despite the president and I being against it. 😬 Here's where it gets even stranger: I received a call from a **recruiter** today about a job opening in my department. Honestly, I was completely blindsided! 🤯 If we're sending half my team overseas, why are we hiring someone in my department? Plus, I’m the head of the team, so shouldn’t I be in the loop about new hires? 🤔 This situation is making me think...: 💼 **Are they planning to replace me** with someone cheaper or lower-ranked? That’s a scary thought! 🧐 **Is my job secure** if they’re outsourcing most of my team? 🤔 **What’s my ethical duty** to tell my team about potential layoffs? It’s a tri... Why Did a Recruiter Contact Me Amid Team Layoffs and Outsourcing? Answers: https://lnkd.in/gTJpt7uP

🌟 Hiring Challenges in a Saturated Market 🌟 With the number of layoffs that have already taken place in 2024, the market is flooded with talented people. However, this doesn't mean hiring is easy. In fact, this brings a whole new set of challenges to the table. 🌺 Candidate standards are rising. Candidates are more thoroughly vetting new potential employers and are seeking out companies that align to their values. 🌺 If companies are mandating return to office, candidates are looking elsewhere. Flexible work schedules are more than just a perk, they are a deal breaker for many candidates on the market. 🌺 If your company has a history of layoffs- trust that Glassdoor is going to expose that, and candidates are going to be very hesitant to join your organization. I've personally spoken with many candidates who have been through 2+ layoffs within 12 months. 🌺 Your company reputation holds more weight now than ever. How are you treating employees during this tough market? Are you slashing benefits, doubling the workload to meet impossible goals and burning out your workforce? People talk, and candidates are going to avoid your company at all costs. 📢 To all the companies out there hiring right now, yes, there are a lot of people seeking work, but that doesn't mean you are guaranteed to fill your open seats. Being in touch with what candidates value the most is going to drive the top talent in your direction. And...being kind goes a long way!

Really mixed market right now. Lots of hiring, lots of layoffs. Lots of super execs struggling to land a position. Want my advice? Don't rely on recruiters or exec search consultants. They are not Jesus. They are just one tool in your arsenal. Yes, I do some exec search. And yes, I'm telling you not to rely on the industry. In this kind of market, you have to take ownership of your path. Which means: Developing a vision - what type of company, what role, what goal? Creating frame - why you, why this company, why now? Identifying companies - no shotguns here, just sniper rifles Building an outreach strategy - no job advertised, no matter. What matters is... Getting Attention - with the right people, in the right way If this is you, that's the game. It's supply and demand. In tougher economic conditions, demand goes down, supply goes up. You have an MBA? So what. So do 100 other people looking. The accolades aren't what they used to be. It requires a different mindset. A different way of being. You have to take the reigns. You have to bring out your full character. You have to take leadership of yourself. Arise.

For many employers, targeted recruiting continues, even in the face of layoffs. Sound familiar? Here's helpful advice on how to hire in 2024, from the pros at Talent Culture.

For many employers, targeted recruiting continues, even in the face of layoffs. Sound familiar? Here's helpful advice on how to hire in 2024, from the pros at Talent Culture.

#Hiring and #Layoffs: Navigating the Modern Employment Landscape In today's fast-paced, ever-evolving business environment, hiring and layoffs have become integral to corporate strategy. The job market dynamic is influenced by various factors, including economic fluctuations, technological advancements, and shifting industry trends. Hiring is the lifeblood of any organization. It involves attracting, selecting, and onboarding individuals who possess the skills, experience, and cultural fit needed to drive the company forward. The hiring process has seen significant changes in recent years, driven by technology and shifting workforce expectations. Layoffs, on the other hand, are often seen as a necessary evil. They can be triggered by several factors, including economic downturns, mergers and acquisitions, or strategic shifts within the company. While layoffs are challenging for both employees and employers, they are sometimes unavoidable in maintaining the financial health of an organization. Amidst the strategic and economic factors, it is essential to remember the human element of hiring and layoffs. Employees are more than just resources; they are individuals with aspirations, families, and personal lives. Companies that handle hiring and layoffs with transparency, empathy, and support can mitigate the negative impact on their workforce. To conclude: Hiring and layoffs are complex aspects of modern business operations. While they can be challenging, they are also opportunities for growth, adaptation, and innovation. Companies that navigate these processes with a focus on technology, strategic planning, and empathy will be better positioned to thrive in the ever-changing employment landscape. #hiring #layoffs #humanelement

There’s a silver lining in tech layoffs – yes, you read that right. Recent layoffs are creating new recruiting opportunities for staffing and talent acquisition professionals. And that's why tech's loss could be another industry's big gain. Learn why tech experts are sought after across various sectors and how HR strategies are adapting to attract them. Read: https://lnkd.in/gYJPmdcT #layoffs #talentacquisition #recruiting #techindustry

The ZIRP era is RIP. The effects are still shaking out as we speak here's a big one we need to figure out what to do with. Seat-based pricing. It's a model that works well when interest rates are zero or declining, funding is abundant, and companies are hiring like crazy. Why? Because you have baked-in net revenue retention in expanding headcount. But what happens when things flatten out? Or when rates start climbing and layoffs become the norm? Suddenly, everyone is losing headcount or not hiring. You're losing a ton of business. That's why I believe we need to shift towards a consumption model or a platform fee plus consumption. Vendors should be getting paid for the outputs and the outcomes, not arbitrary things like hiring. Take any seat-based pricing company for example. If your product makes people more effective, then that company can achieve their goals by hiring fewer people, right? We need to rethink our pricing models to reflect the value we deliver, not just the number of seats we fill. This is part 1 of 3. Come back tomorrow and Wednesday for my other ZIRP relics.

For many employers, targeted recruiting continues, even in the face of layoffs. Sound familiar? Here's helpful advice on how to hire in 2024, from the pros at Talent Culture.