I am really wondering this for a while now.
So depending on the industry and career, you may deal with recruiters.
There are numerous posts on the internet about how shonky some recruiters sometimes can be. But let’s put that aside for now.
Everyone knows economy isn’t in great shape. There is virtually no growth in overall economy and no wonder many businesses aren’t hiring at all. Obviously depends on the industry and the job/role.
This leads me to my question. What exactly these recruiters working at small or large recruitment agencies do whole day and week if they have absolutely no roles to recruit?? Hiring can be non existent for many many months.All these agencies will probably have few to many recruiters in their wings. How do they justify their salaries during prolonged slow times?? Yes of course there is commission component involved but without any filled jobs, no commission either. Sometimes there are multiple recruiters who are trying to fill same job, so there is competition too.
What exactly do they do nice office buildings when not hiring??
They chase people relentlessly on LinkedIn to obtain CVs, have conversations on skills/desires and create candidate profiles, so they can strike soon as clients need new blood.
Even in a slow economy, companies still need people continously. One of the main reasons to create redundancies is to open ability to hire others with different skillsets/experience to try and pivot to market changes (e.g. if transport sector opportunities are drying up, get rid of transport-orientated people and hire health/defence/water/energy etc people instead to target those upcoming projects etc).