Factors That Influence The Job Change Decision Of Passive Candidates
Much has been said and written about
the high level of competition that hiring organizations face while attracting
the best, brightest and the most experienced candidates. The one thing that
makes the search for such candidates even more difficult is that in most cases
they are not even looking for a job change. These candidates, referred to as
passive candidates, are generally satisfied with their current roles, job
prospects and future growth options. However, by using the right methods and
approach, professionals offering services of executive
search Israel, can inspire the passive candidates to take up a job
option with their clients. For this, the search firms need to have a clear
understanding of the five key factors that influence the career transition
decision of passive candidates.
Compensation
Being Offered
It is no surprise that the
compensation being offered is the primary factor to attract passive candidates.
In order to motivate the passive candidates to make a change, the recruiters
need to be thoroughly aware of the current market trends and candidate
expectations. They should also be able to offer a compensation package that
aligns perfectly with the expected job function, experience and performance of
the candidates.
Type
Of Work
Most passive candidates base their job
change decision on the type of work they will be expected to handle at the new
organization. In general, such candidates are inspired only if the new position
promises to be more challenging than their current ones. Some candidates also
crave for a job position that enables them to explore their creativity and
other skills in a more flexible manner.
Benefits
Being Offered
The hiring organizations need to
understand that the benefits do not form a part of the compensation package.
Given that the cost of
employment in Israel is fairly lesser than in other developed
countries, the hiring organizations tend to willingly offer the various
benefits sought by candidates in accordance with their position and level in
the organization. It is also important to understand that these benefits might
not always be monetary in nature.
Career
Growth Options
As mentioned before, most passive
candidates are already satisfied with the career growth options available to
them in their current organization. So, unless the recruiters have something
really exclusive to offer them in this respect, the candidates are least likely
to consider the idea of job change. Contrary to the popular belief, career
growth may not always be accompanied with significant financial progress. This
is something that the hiring organizations might consider while approaching the
passive candidates.
Flexibility
Of Work Schedules
It is a common belief that only the
millennials seek flexible work schedule, while more experienced professionals
like to stick to a pre-defined schedule. However, this might not always be true
as the passive candidates with years of experience, would prefer a greater flexibility
in their work schedules. Most such candidates are well aware of the latest
technological innovation, which can help them complete their tasks in time,
irrespective of the schedule they maintain. Offering such candidates the
freedom to work from any place and at any time as long as the objectives are
fulfilled, can truly become the game changer.
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