Uncertainty suffocates confidence for candidates who may ordinarily consider moving jobs.
During the pandemic, uncertainty has directly impacted candidates’ willingness to change jobs. For example, suppose they feel uncertain about whether a new opportunity has longevity, or they could be swapping something familiar for an unknown. In that case, they will be resistant to moving.
This has a knock-on effect when confidence returns because candidates sitting tight during the period of uncertainty will take the opportunity with renewed confidence to step back into the job market.
There is a direct correlation between the supply and demand of candidates and their confidence during the pandemic, so it’s helpful to understand what influences their confidence.
Significant factors include lockdowns, home learning, and new variants.
Uncertainties include,
– Will a new employer be as flexible as my current employer if we are home learning?
– How will I be measured during my probation period if working remotely?
– If the new company has to reduce costs, will it be ‘last in, first out?’
We created this simple graphic to show the direct correlation between factors such as lockdowns and home learning on candidates’ confidence about moving jobs and ultimately the supply and demand situation.