{"id":12136,"date":"2023-08-04T09:31:28","date_gmt":"2023-08-04T09:31:28","guid":{"rendered":"http:\/\/www.funminews.com\/?p=12136"},"modified":"2023-08-04T09:31:30","modified_gmt":"2023-08-04T09:31:30","slug":"job-seeker-advantages-during-the-great-resignation-era","status":"publish","type":"post","link":"https:\/\/www.funminews.com\/index.php\/2023\/08\/04\/job-seeker-advantages-during-the-great-resignation-era\/","title":{"rendered":"Job Seeker Advantages During the Great Resignation Era"},"content":{"rendered":"\n

For months, career pundits have been talking about the \u201cGreat Resignation\u201d\u2014the tremendous movement within the labor market following the shutdowns of the early COVID-19 pandemic. In the 12 months preceding May 2022, 72 million job separations occurred, according to the U.S. Bureau of Labor Statistics.<\/a><\/p>\n\n\n\n

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We have all seen the Great Resignation\u2019s effects: staffing shortages that have reduced retail and restaurant hours, being asked to take on extra work, and headaches for hiring managers. But if you have not made a move yet, you may be wondering how searching for a new job during the Great Resignation can benefit you. The answer: A lot.<\/p>\n\n\n\n

1. \u201cProblem\u201d resumes are less of a problem<\/strong><\/p>\n\n\n\n

Your resume has a troublesome gap. A Google search contains less than desirable results. You have been out of the workforce for a while. Your LinkedIn profile reveals you are on the older side for your industry. Or perhaps your youthful indiscretions turn up on background checks. In an employer\u2019s market, these are all reasons a hiring manager might move on to the next candidate. But when 75 percent of hiring managers report they expect hiring to only get more difficult in the year ahead,<\/a> your resume \u201cproblems\u201d dissipate. Hiring managers are not receiving as many applications per job, which means they are spending more time looking at each resume they receive. This is a far cry from the days when any opening drew dozens if not hundreds of applicants.<\/p>\n\n\n\n

2. Inflation can work to your advantage<\/strong><\/p>\n\n\n\n

In the 12 months ending in June 2022, the overall inflation rate was 9.1 percent.<\/a> Sadly, your current employer is probably not giving you a 9.1 percent raise this year\u2014and even if it did, depending on your perspective, it wouldn\u2019t actually be a raise as it would keep your overall buying power at status quo. But many companies are raising new hire salaries to keep pace with or surpass inflation<\/a> because if they don\u2019t, job applicants are turning them down. If you want a substantial increase in your compensation, this is a good time to make a move as the desired candidate has leverage on their side.<\/a><\/p>\n\n\n\n

3. Non-salary perks are also on the table<\/strong><\/p>\n\n\n\n

If you can\u2019t get your ongoing compensation where you want it to be, a job market weighted toward employees offers other potential perks.<\/a> As you\u2019re negotiating, you can ask for a signing bonus. These can often be up to 10 percent of your base salary. Hiring managers may also be willing to work with you on:<\/p>\n\n\n\n