
What I am obliquely suggesting is what is known as the Paradox of Choice.
The paradox is when our choices become so expansive, we cannot be satisfied by the results of our selection. Inspired by a podcast that casually referenced this phenomenon, it occurred to me how this relates to the market many of us are facing.
The market I am talking about is the market for us, workers.
Yesterday I spoke with an acquaintance who is a recruiter for an industry outside of my own who told me he isn’t even reviewing half of the resumes he is receiving. As a recruiter, it is his job to find his clients the best options to fill a job role, yet he has too many choices to even get through.
Another friend was in the final interview for a position that had 1,800 applications. My friend is great, an asset to anyone that hires her, but she must beat 1,799 others to secure this job. One must believe more than a handful of those 1,799 were pretty good candidates, but they didn’t get a call. Thankfully my friend did.
And yet another friend, a former recruiter, mentioned he knew a manager hiring for a role that wanted to go it alone. This manager felt they could get all the options they needed on without a recruiting partner because the job market was in their favor. In one sense, he was absolutely right: in 24 hours the job had over 1,000 applicants. What the manager failed to realize was the value in the recruiter isn’t to bring in volume but to help wade through selections. The manager was overwhelmed.
All these hiring managers and recruiters were facing the paradox of choice.
Each had tons of options, and many of them likely fantastic candidates, but the volume was unmanageable. Choice became a burden versus a benefit.
Hiring managers can apply many of the same principle’s buyers use for overcoming the paradox of choice. While these are primarily intended for hiring managers, jobseekers should also take note.
Plan for volume.
Volume is manageable if you know what to expect.
Determine how many resumes you are willing to view, how many you need, and using the estimated number of resumes per day, find out how many days you need to keep your job post live.
As a jobseeker, you need to know listings will not be up long, so when you see it, apply immediately.
Model your preferences.
In marketing, we often develop personas that help us visual our target audiences. While standard demographics are part of this, we apply lifestyle and cultural notes to make stronger connections.
Hiring managers should do the same to fill their open roles. Model your ideal employee. What behaviors do they have? How do they react? What are their interests? And where have they worked previously that rounds them out as a great candidate?
For example, let’s say you work for Sephora.
Sephora has approximately 2,700 stores, operates in the beauty category but has many different products within that category. As part of your hiring model persona, you might look for similar category experience, but you may look for similar retail experience, or companies with a similar operational structure. If you look only for beauty, you could miss lots of qualified people.
As a jobseeker, you may need to help hiring managers understand why your experience is relevant.
Using the example above, my AT&T experience in marketing is applicable to Sephora given the number of retail stores (AT&T is about double Sephora). Additionally, AT&T might operationally be similar if both are matrixed organizations. Finally, the fact that AT&T has a focused category but partners with brands at retail, might be of interest to a Sephora hiring manager.
It becomes incumbent on you to show how you fit what they might not have even stated.
Weight your options.
In a buyer’s market, hiring managers may feel like they can get everything they want, but is that going to net you the best employee?
The natural temptation is to look at yourself or your last employee and develop your candidate persona based on this. What that gets you is someone with the skill set you already possess, or one that you’ve already worked with and allowed to leave. You should take this opportunity to bring in new and unduplicated skills.
For starters, determine the minimum level of experience you need to do the job. You won’t hire a stevedore as a CPA, unless that stevedore also has a finance degree and certification. But once the minimum is met, avoid the temptation to layer on every possible experience the candidate might have had. What you will get is someone that knows it all because they have done all, and they have a set way of doing it. How does one grow or innovate if that is the case?
Instead, weight the other criteria. Score it. Give yourself the opportunity to discover something new. Perhaps you’ll find a CPA that once worked in meatpacking and you have a product that, while different from meats, has similar storage and shipping needs. The skills may be transferrable and the insights could drive innovation.
As a jobseeker, remember to sell yourself without assuming the hiring manager is making the same connections you are.
A friend of mine once owned a customizable, portable camper van. In his view, its potential was unlimited. You could rent it for camping, for parties, as a “green room” for concerts, for a side-business. My friend assumed everyone had the same imagination he did. He assumed they could see its many potentialities. They couldn’t. Help managers connect the dots on why your experience is relevant, and moreover, what that might do to innovate within the business category you want to join.
Move faster.
In short, hire while you can and as quickly as you can. We all know hiring freezes come, and they often do so while you are torn between candidates. If you are approved to hire, prioritize that and do so immediately. Otherwise, you may miss the opportunity to get the help you need.
And don’t worry so much about making the right decisions.
Make your decisions right.
A friend (apparently I have a few, at least for this article) once used a line he got from his dad, ‘don’t worry about making the right decisions, focus on making the decisions right’. Phrasing it this way highlights your involvement as a decision-maker, or hiring manager, does not end with selection. Selection is only the beginning. You have an on-going commitment to make this candidate into the ideal employee. Put your energy and effort into doing that rather than just making an offer.
Reevaluate your process.
In marketing, optimization is all the rage, and it should be (as long as you are honest about your performance.) Apply the same principle to your hiring process, what worked? What didn’t work?
How can you tell what worked and what didn’t? Ask the last person you hired. Find out what they would say about the process. Find out what concerned them, drew them, or turned them off. Then go optimize your hiring process.
If the job title isn’t working, go change the title or do a better job of explaining where the role fits in the organization. If the duties are ambiguous, find out why and update.
As a jobseeker, when you transition to employee, volunteer this information to your new employer. Phrase it constructively and with respect but share what you thought and felt during the process. This information ensures that when you are in a hiring manager role, you’ll be highly engaged, but it also ensures the peers that are hired around you, are people that like their jobs and want to be the kinds of peers you can lean on.
The world is MY oyster
While I opened with the expression “the world is your oyster” in the context of hiring managers, I am fortunate that the choice is also mine. My vast experience in marketing, and the good fortune to have a choice in my next career make the world my oyster too. Consider bringing me in to help drive your marketing. And for reference… I like shellfish.