While operational roles have been a key focus during the past couple of months, finance executives have been just as busy adapting to constant change and forecasting during the unknown. Our Talent Associate, Christine Colverson, sat down with our Controller, Yue Cao, to ask her some burning questions about how senior finance roles have changed during the pandemic.
The terms are often used interchangeably when a third party firm is hired to find candidates for a specific position within a business. There are however several significant differences between what an executive search firm does versus what a recruitment agency does.
Over the past two months, we have focused on providing employers and candidates with resources around taking the hiring process virtual. We recognize that as restrictions start to lift, some employers will begin to incorporate in-person interviews again, especially for executive-level positions.
We have seen a significant increase in job applicants since the COVID-19 pandemic began. In some instances, we’ve seen similar roles from the pre-COVID-19 era receiving twice as many applicants as usual. That should be good news for hiring managers right?
For both business development professionals as well as hiring managers looking to hire business development professionals, we've asked some of Ottawa's business development leaders how they are shifting their approaches to build relationships and continue to be effective in the post-COVID-19 economy.
The post-pandemic economy will be a challenging yet exciting time for a lot of local Ottawa businesses. It will be a period of restarting, rebuilding, and taking new approaches. Some businesses will eventually go back to normalcy while others will have evolved with new processes, policies and even products.
Reference checks have never been more important than in a world of virtual hiring and interviews. In a lot of instances companies are having to hire candidates without ever physically meeting them in person.
COVID-19 has pushed our unemployment rate higher than it has been in years. There are a number of executives included that have been laid off and looking for new executive roles. There are also a number of executives that do not like how their current employers have handled the crisis at hand and are looking for new executive roles.
There is no question that we will get past the COVID-19 outbreak, the only question is when? The economy will recover and businesses are eagerly awaiting their time to jump in head first to get back to operations and growth.