Seize the Lull in the Job Market: Recruit Gen Y into Your Pipeline By Dr. Carolyn Martin, Dean of Faculty, RainmakerThinking, Inc.® It's deja vu all over again for job market analysts. Like their Gen X siblings in the late 80s, today's Gen Y college students face a grim job market that is tempering their dreams of high-paying positions in choice organizations. After the slash-and-burn downsizing of the last eighteen months, many businesses are not even thinking about hiring the newest crop of young talent. Maybe they figure they'll have the pick of the best when the economy turns around. Think again. The most talented Gen Yers are still in great demand in many industries such as healthcare, education, and government. And they will be in yours, too--if not today, tomorrow. If you've seized the downturn as an opportunity to shed lightweight players hastily hired in the late 90s, get ahead of your competitors by recruiting the best Gen Y talent into your pipeline today. Don't wait for them to graduate. Don't wait for positions to open. That's too late.
Build your talent pipeline and keep it flowing: Start creating relationships with Gen Y talent that communicate: "We want you to work with us as soon as we have the right opportunity. Until then, let's keep in touch and look for ways to be valuable to each other." Those who genuinely want to join your organization will get training and experience elsewhere. Then, when positions open up in your workplace, you will become their employer of choice because of the ongoing relationship you've built.
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