COVID Disrupts Recruiting Rhythms for Credit Unions
CUs are conducting video conferences to interview candidates, but some still won’t make hiring decisions without a face-to-face interview.
Shawn Cole, president and founding partner for Cowen Partners Executive Search., said he has found executives are interested in other positions but they are staying put for now.
“Our business has not slowed down, but it has been delayed,” Cole said. “I’ve seen a lot of what I’m calling ‘old fashion loyalty,’ which is nice, actually. Candidates are saying, ‘Hey, this sounds like a great opportunity, but I can’t leave my employer right now. We got to get through this together. I’m not going to leave, certainly not now and I don’t know when I can leave.’ That’s the delay factor that we’re facing.”
Another factor is safety, as some candidates are concerned about moving to a different area where the number of coronavirus cases and deaths are spiking.
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