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The Widening Expectation Gap between Clients and Candidates
Jan 31, 2023
With this current “inflated” job market, I noticed that there is bound to have two sides to every story.
One being candidates are excited to explore and able to demand a much higher salary (up to 40%) with a plug and play experience.
Meanwhile, on another side to it. Spoken to one of my client in the funds space (company is independently owned), he mentioned that the current inflated market has resulted in many constraints within the company… 1) unable to fight with bigger companies for good candidates as this will eventually affect other expenses/budgets 2) resorted to hire less experienced staff and train them up 3) fear of staff leaving the firm
This is genuinely tough due to the expectation gap - “companies can pay based on competitive market increment” and “candidates are only looking out because of money”.
I feel as a recruiter this is where I chip in and understand both sides, having the opportunity to be an independent consultant gives me an edge to match make suitable candidates to the respective companies. Feel free to share with me your opinion at the comments section or email me >
suling@fundspartnership for any confidential talks.
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