Last year, it seemed like companies couldn’t find a moment of downtime for their recruiters. Businesses were outsourcing for tech talent more than ever, and as the pandemic restrictions began to loosen, the economy was bolstered. Now, however, this no longer seems to be the case for recruiters, specifically those working with technology professionals. This year, many technology giants like Oracle, Netflix, Peloton, Meta, and Google have scaled back their workforce or implemented hiring freezes. Just take a look at some of these statistics:
- 580 start-ups laid off almost 77K workers
- When Robinhood acquired Binc, a recruiting firm, they went through two rounds of layoffs
Amidst all this, the unemployment rate still remains low. How can this be? Well, tech talent is still highly desirable in today’s workforce. Recruiting can get pushed to the back burner when executives are forced to make decisions amid mounting pressure to improve bottom lines.
How can recruiters attract and retain tech talent in today’s tight market?
According to the New York Times, “Now some recruiters are adapting from blindly filling open jobs, known as a “butts in seats” strategy, to having “more formative” conversations with companies about their values. Others are cutting their rates by 30 percent or taking consulting jobs, internships or part-time roles. At some companies, recruiters are being asked to make sales calls to fill their time.”
APC has a strong team of dedicated and experienced recruiters. Our professionals are seasoned in pinpointing your business’s needs and delivering beyond your expectations. Whether your company needs a full-service business advisor or just support in specific areas, APC customizes an efficient, cost-effective solution to facilitate strategic goals. And while you’re here, remember that you can also stay up-to-date on relevant news to the technology industry through the APC Blog. We feature articles that spotlight thought-leadership topics that provide information and tips for hiring managers, professionals, and top technology news.
Kristen Burgess is the Marketing Specialist at Alliance of Professionals & Consultants, Inc. She has five years’ experience in curating content for digital platforms, social media contributions, and supporting marketing campaigns and strategies. Before joining the APC wolfpack, she worked in digital marketing for software as a service, giving her keen insight into the types of professionals APC hires today. In addition, she likes to stay up-to-date on the most relevant trends within the technology industry through thought-provoking podcasts and newsletters while paying attention to industry leaders’ trends. In her spare time, she serves on the Management Team and helps craft communications for the Junior League of Durham and Orange Counties.
