Contrary to popular belief - the market for good employees is very tight... but why?

The emphasis in the media lately has been that there are a lot of people unemployed currently and companies are slow to hire and although there is truth to both of these statements there is also another side to this coin.

What people aren't talking about is that employees are slow and reluctant to leave current positions they would have left easily 6 months ago; therefore the "passive candidate or applicant" has dwindled.

So what does this mean:

For those out of work this means what it has always meant - apply, research companies, and network - this is your full time job. Stay positive, focused and committed. In looking at our own trends we have more companies looking for employees now than we did at this same time last year - remember December and January are not big hiring months for companies no matter what is going on in the world.

For those of you we consider "passive job seekers" continue to be cautious but don't refuse an interview because you are nervous. Schedule your interviews early in the morning, after hours or on you lunch (at least the first interview) so you can learn more about the company. Ask smart questions regarding the company, the reason for the opening, their history and how they feel the "current economy" will effect their business.

Employers looking to hire - don't assume that because the news says there are a number of people unemployed that you will find your perfect new hire right away. Many companies I have spoken with recently have used the "current economic situation" as a way to RIGHT SIZE their company by laying off some people who were not performing at the levels they should have been however they did not have a true "cause" for termination - these may not be the people you are looking to hire right away.

On another note, you will be able to attract key talent that may be overqualified for your position but interested in your company at a lower salary than typical - this isn't always a bad idea however be sure that the employees motivators are in line with what you can offer, that the environment you have and culture you promote is in line with this person and discuss in advance the ideal position and environment might be and a possible exit strategy up front. If these are things you are comfortable with and you can gain some intellectual property and knowledge you wouldn't have otherwise had access to go for it, just watch they don't jump to your competition.

2009 is off to an incredible start - just be sure you take everything you are reading and hearing with a grain of salt. Review your 2008 and capitalize on your strengths!