Insurance organizations will have to replace over 50% of their current staff over the next 10 years – at least according to several presentations I have listened to over the last few months.
Finding, recruiting, hiring, training, and then keeping new staff is perhaps one of the biggest strategic issues facing the insurance industry. Younger workers don’t seem to have a career in insurance at the top of their list of “fun” jobs.
When the news broke recently that some companies were demanding Facebook login information from job applicants, people everywhere were horrified. Those who were employed, those who weren’t employed – even employers themselves – were antsy at the thought of corporate America demanding passwords to personal accounts.
This example simply highlights how expectations of job applicants as well as employers have changed. Competition will become fierce for talented employees, making it more important than ever that you not scare away a great future employee by allowing preconceived notions to cloud your hiring judgment.
Following are five tips to help you find and attract the very best and brightest to your organization:
- Don’t make unreasonable demands.
Most of today’s
job seekers will find your demanding personal account passwords
unreasonable. Just as you wouldn’t want existing employees to provide
passwords to work accounts to those outside the workplace, you shouldn’t
demand that your employees hand over passwords to personal accounts
either. In fact, it's illegal in six states. I'm certain more will
follow.
- Don’t make snap judgments.
For several years
employers have been searching social platforms for information on
potential new employees. Job seekers were warned not to post wild party
pictures or other inappropriate personal data publicly. Why? Because
employers were making snap judgments about employees who might otherwise
be dedicated, hard-working, career-minded individuals. But one bachelor
party or a few old college pictures ruined it. Think about the hiring
decisions you make and ensure they are based on all information and not
some assumption you’ve made based on past experience.
- Give them a chance.
Over the past few years, many
great employees have become unemployed. Don’t assume they are not good
candidate material. In any job market, good employees are subject to
layoffs, sudden termination, and even voluntary termination. Don’t
assume if a candidate is not currently employed they are not a good fit
for the organization.
- Don’t judge a book by its cover.
So your last job
ad received 100 resumes and you’re limited on time. It’s easy to
immediately delete any resume that doesn’t have the font you like or
comes via snail mail instead of email. At least glance over those
resumes, and make sure you aren’t missing out on a great potential hire
who simply hasn’t quite mastered the art of job hunting. Not everyone is
great at searching for employment. Besides, young, eager people can
bring fresh energy to your agency.
- Do background checks. While it’s important to avoid generalizations, every employee should be subjected to a thorough background check. This includes checking references and doing criminal background checks. Be sure to require proof of education. Anyone can say they have a bachelor’s or master’s degree. Make this a part of your pre-employment process to avoid unpleasant surprises down the line.
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