Many of us remember a time not that long ago when hiring managers struggled to find qualified applicants to fill supply chain positions, especially senior level managers. What a difference a recession makes!
Sadly, the downturn in the economy has forced many companies to reduce their payrolls and in some cases, bankruptcy has put entire companies on the street. This has resulted in a surge of available talent in the marketplace. Now, recruiters and hiring professionals report hundreds of applications for all levels of positions. Similarly, very tenured, highly qualified individuals are applying for positions with significantly lower responsibility - and compensation.
Many of those seeking work have shown an interest in moving over to healthcare because of the relative strength our industry has shown during this downturn. Forecasts project continued growth and not surprisingly, casualties from less fortunate industries, such as retail and manufacturing, are looking for a bit of a "safe harbor."
This new hiring landscape has raised some interesting questions among healthcare supply chain professions. How well can logistics and distribution professionals transfer their skills from other industries to healthcare? Do you take advantage of the talent imbalance and "over hire" tenured, seemingly over-qualified non-healthcare supply chain people? If your projections show that you're going to need additional people down the road, should you go ahead and hire now while the talent pool is rich, even thought it may mean that you are somewhat overstaffed for a while? To read more, click
here.