Navigating the #SeptemberSurge
If you’ve been on any social media platform in the month of August, you’ve probably been flooded with the #SeptemberSurge hashtag and wondering what it is and is it all true? First of all, we’re here to confirm that #SeptemberSurge isn’t a myth and very much the real deal, so employers and job seekers buckle up!
What is #SeptemberSurge?
September Surge refers to the sudden and noticeable increase in job listings, interviews, and hiring that happens every year in September. It's a time when companies seem to awaken from the slower-paced summer months with renewed vigor and focus on their hiring needs.
While hiring traditionally slows down during the summer months in 2023, we saw an unusually slow job market largely due to the economic downturn. In June, the number of job openings was down 12.6%* from last year, which shows that this year had slower hiring than usual. However, as September approached, we saw an uptick in job openings across industries as companies and expect the job market to continue to heat up for the remainder of September.
Why is there a September Surge?
You may ask yourself, why September? Well, recruitment is cycle-based and follows specific points of the fiscal year. When a company hires, it is determined by their allocated budgets. For many companies, September and January are when they have a clear picture of their budgets and can put resources into hiring and onboarding new talent.
Implications For Employers:
Increased Competition: With many companies looking to hire during this period, it means competition for top talent intensifies. It's essential for employers to offer competitive packages, swift interview processes, and a strong employer brand to attract the best candidates.
Planning Ahead: Employers should anticipate their hiring needs in advance. Starting the recruitment process earlier, even in August (yes, it’s a little late for that now, but good advice for next year!), can ensure that they're ahead of the curve and can secure top talent before their competitors.
Tips for Job Seekers:
What the Surge Means for Job Seekers:
While the September surge might sound like great news for job seekers, it also makes for a competitive job market. With everyone looking to make their next career move, it can be hard to stand out from other candidates. Don’t worry, though! We’ve got you covered with ways to stand out during the September surge.
How to Approach Job Hunting During September Surge:
Update Your Resume and LinkedIn Profile: Ensure your resume and LinkedIn profile are current and well-optimized for relevant keywords in your industry.
Tailor Your Applications: Customize your cover letter and resume for each job application. Highlight your relevant skills and experiences that match the specific job requirements.
Research Companies: Take the time to research the companies you're applying to. Understand their values, mission, and culture. Mention specific details in your cover letter to show your genuine interest.
Network Actively: Attend industry events, webinars, and online forums to connect with professionals in your field. Networking can help you learn about job opportunities before they're even posted.
Leverage Referrals: If you know someone within the company you're applying to, ask for a referral. Employee referrals can significantly improve your chances of getting noticed.
Be Proactive: If you haven't heard back from an employer within a reasonable timeframe, don't hesitate to follow up on your application or interview. It demonstrates your commitment.
September Surge is a fun time of year for job seekers, but navigating and standing out can also be stressful. This is why it’s important to network, get your resume and LinkedIn in tip-top shape, and be proactive with your job hunt. Whatever happens during this month, know that we’re rooting for you.
Check out some of the hot jobs we are recruiting for!
The Role of Recruitment Agencies:
For recruitment agencies, the September Surge is a busy and vital period. Our role becomes increasingly pivotal in matching the right candidates with the right positions. We help companies streamline their hiring processes, ensuring they don't miss out on top talent. For job seekers, we offer insights into the market, advising them on which industries are hiring and what skills are in demand.
Final Thoughts:
The September Surge is a unique and predictable hiring trend. While it offers great opportunities, it also brings challenges for both employers and job seekers. By understanding its implications and strategizing accordingly, both parties can make the most of this busy hiring period. And for us in the recruitment world? We're here, as always, bridging the gap between talented professionals and the companies that need them.
*CNBC Aug 2023