Tag: job hunting

New Thinking for the New Year – Upgrade Your Approach to Recruitment

New Thinking for the New Year – Upgrade Your Approach to Recruitment

After a brisk 2013, the new year has found employees in the real estate sector emboldened by improving job prospects. Construction, especially, is expected to be the third biggest job creator among U.S. industry sectors, with the Bureau of Labor Statistics recently predicting annual job growth of 2.6 percent. In the out years, the BLS in December predicted 50.6 million job openings across the economy between 2012 and 2022. Unemployment remains at 7 percent, but improving conditions mean employers and job seekers alike should position themselves for a new hiring landscape in 2014.

On the Move

Job openings nationwide climbed to nearly 4 million in October, reaching levels not seen since the first months of the recession in 2008. The Labor Department also noted that more workers – 2.39 million that month – left their jobs voluntarily than in any period since October of 2008. That indicates a confidence on the part of employees that they can find more fulfilling or lucrative work. Those hunkered down in positions that offered stability during the recession but no longer meet their professional goals should keep a close eye on the career moves of their peers and managers. Opportunities could emerge in the coming months in the form of lateral openings at different companies and vacancies caused by managers taking the jump to more advanced positions.

Network Now

Even in a rising market for property values and skilled personnel, it’s important to make use of resources that have evolved since the last time real estate companies found themselves in tight competition for talent. LinkedIn, for example, grew its membership 38 percent, year over year, in the third quarter of 2013. With 259 million members globally, it’s become critical to maintain a presence on that network. Even if you’re not actively using social media to find leads, potential employers are.

At Christopher Frederick, we’re also taking the hiring process to a new level. We’ve built the fastest-growing digital network of any traditional recruiting firm, while staying true to the level of personal service we’ve provided our clients for decades. Our proprietary network reaches nearly 200,000 leaders in real estate. Unlike automated online services, though, we use this as a tool to reach the most qualified candidates before a personal, one-to-one approach to screening job finalists, all at no upfront cost to our clients. Call us any time if you’d like to learn more about how this approach can enhance your search for the leaders who make your business excel. Whatever your goals for 2014, keep your head up, look for new opportunities, and develop a strategy now to make the most of a recovering job market.

At Christopher Frederick, we’ve spent more than two decades helping some of the biggest names in real estate hire the talent that keeps them growing. Contact Chris Hingle at chingle@chrisfred.com. Or visit our website at www.chrisfred.com where you can find exclusive job listings for real estate executives.

Motivation or Qualifications? How Passion is Often More Important Than Credentials

Motivation or Qualifications? How Passion is Often More Important Than Credentials

We’ve all worked with “that guy.” The one with the impressive degree. The one with a long list of respected companies in his past. The employee who looks fantastic on paper, yet underperforms the minute that sterling resume gets tucked into the drawer of his new desk. As seasoned recruiters and personnel departments can attest, credentials and motivation don’t always move in unison. Likewise, many job hunters who endured unexpected career shifts during the recession possess valuable knowledge and dedication in spades, but that might not be immediately evident in their job history.

Employers: Focus on commitment

When business was slow, hiring managers could simply skim the most experienced people from a consistent pool of available talent. A brutal job market all but ensured new hires would work hard, if only for fear of being replaced. Thankfully, business has improved. Highly skilled workers – for example, seasoned purchasing and residential land acquisition experts – are again in short supply, and firms must adapt to attract the best talent. That means committing to the employee. Recruitment efforts should demonstrate an eagerness to fill the position with the right person. Companies should be responsive to candidate inquiries whenever possible. They should also communicate their workplace culture and potential advancement opportunities to show they’re committed to hiring good people for the long haul. In the same vein, hiring managers need to look for motivation on the part of candidates to perform the job at hand. Beyond their qualifications, do they seem excited about the specific opportunities of the position? Are they hungry for a step up in their career? Did something draw them to your company over your competitors? Most of all, companies will need to adapt their thinking to the realities of the post-recession labor market. What did applicants do during the downturn to adapt and add value when business was tough across the board? Highly motivated, well-suited candidates may not necessarily have the traditional resume bullet points associated with the position.

Job Candidates: Show, Don’t Tell

It’s meaningless for a candidate to simply list traits like passion, commitment and drive in a cover letter. After all, anyone can say that. Instead, job seekers need to sell the specifics of their skill sets and experience to employers. Examples of past projects turned in before deadline and exceeding goals show passion. Past loyalty and the sacrifice of time and compensation during lean years show commitment. Consistent follow-ups and non-stop networking show drive. Highlight strengths that are as relevant to the day-to-day needs of the employer as possible. One particularly effective way to demonstrate motivation is learning as much as possible about a hiring company. For example, I recently placed a candidate who at first appeared over-qualified for the job. He did his homework, researching everything he could about the company, good and bad. He approached the interview with the attitude that he could make the job opening an even better opportunity for the employer. By sharing his accomplishments and skills gained during the recession, then making a detailed case for how he could improve his new employer’s business, they ended up creating a new opportunity even more attractive than the original job. Both sides demonstrated how motivated they were, and both came out winners.

At Christopher Frederick, we’ve spent more than two decades helping some of the biggest names in real estate hire motivated executives that lead their businesses to growth. To learn more about how we leverage our digital network with our extensive recruitment experience, contact Chris Hingle at chingle@chrisfred.com. Or visit our website at www.chrisfred.com where you can find exclusive job listings for real estate executives.