Relocation Issues
-- Who Will Pay?
Steve Hall
In light of recent unemployment figures, and a continual downturn in the
labor market, many unemployed professionals are finding themselves in a bind
when their benefits or severance packages are depleted. It is not easy to
compete with 300-600 resumes for one job. Those seeking jobs through
postings on the web or through a professional recruitment service must
consider a new place to live as well as a new employment situation -- if
they are serious about the jobs they are applying for.
For 14 years, Steve Hall has made a career in connecting great companies
with great people in the IT industry, which is famous for turnover. Job
seekers and companies in the post-911, post-dot.com and post-Enron business
environment rely upon Hall and Find Great People (FGP) International, for
worldwide recruitment services. Find Great People relocates to a new office
in late October with complete with state-of-the-art equipment at 150
Executive Center Drive, B-82, Greenville, South Carolina in October.
Steve Hall has been a recruiter with the same company since 1989. He
counseled and placed job seekers in positions through the downturn of the
early Nineties, when another war was raging in Iraq. Despite the fact that
politicians and business leaders may not be calling this downturn a
recession, from a recruiter’s standpoint, these are definitely tough times.
“In April 2001, the severity of it hit everyone around the country,” said
Steve. He continued, “Since April 2001, it’s like being buried in mud. You
have rises and falls. For a month or two there is hiring, like the flame is
lit – then suddenly it drops back. This all weighs heavily on the minds of
those in the labor force.”
Some professions, like health care, seem to be booming. But others, like IT,
are on a long swing down. Job seekers are looking for an edge to be more
competitive. Steve Hall believes relocation issues may be one key to
unlocking the corporate mentality behind hiring in these times.
“Differentiating factors between likely candidates for a job are important,”
says Mr Hall. “Does the person have a two year or four year degree or a
Master’s Degree? Is the potential candidate located within reasonable
proximity, or will he/she have to relocate – and at whose expense? In
addition, what are the costs of bringing someone in for an interview?"
As dastardly as it may sound, many companies are forgoing interview and
relocation expenses for new employees since budgets are tight. “Let’s face
it, relocation adds cost to a company’s recruiting efforts,” said Mr. Hall,
“and the financial decision makers do not want to spend extra money on
relocation.” So how do companies still manage to hire top talent onto their
team? “They often look locally for employees first,” noted Steve. “Then a
company may cover a one hundred mile radius, which is considered a
commutable distance. Once these outlets are exhausted, they may launch a
search in a multi-state area.”
Knowing these tactics exist, perhaps job seekers would be better served to
seek employment within these distances first. Or, if the job hunter is
willing to relocate, then the individual must entertain the idea of paying
their own relocation expenses. Costs for company relocation can range from
$3,000 to $20,000. “Some companies are still willing to pay relocation
fees,” said Mr. Hall, “because they see a good employee as a wise
investment. But it is not uncommon for potential employees to pay for their
own relocation these days.”
It’s a hard pill to swallow, especially for job seekers who are on tight
budgets themselves after a six-month to one-year or longer stint of
unemployment. But cutting costs for companies now means passing it on to the
job seeker. Perhaps sensing desperation on the job market, companies have
decided they can now ask this of potential employees, without even a nod of
disapproval from anyone.
What is the best approach for the job seeker who is willing to relocate in
order to continue to work in their profession? “Speak to your family or
those you cohabitate with first before applying to other areas, and see how
they feel about the move,” advises Mr. Hall. “Ask some important questions
of yourself. For instance, Is it within your financial budget to consider
paying to move yourself and your loved ones?” If the answer is yes to all of
these questions, Mr. Hall recommends the job seeker proceeds with an
interstate search. “Don’t wait until the job offer appears before weighing
these considerations,” he reiterated.
About the Author
Steve Hall has been a professional recruiter with Find Great People
International
http://www.findgreatpeople.com , in Greenville, South Carolina,
for 14 years. He specializes in IT and manages consultants in apparel,
finance and health care. Steve has averaged a 3 to 1 interview to hire
ratio, while the industry standard is 7 to 1.