Drawn out processes in Toronto?
Anyone else noticed that lots of employers right now are drawing out processes? There are postings for the same job over a span of 3 to 4 months but never fill in the role.
For instance, I heard the Power and utilities team at Scotiabank Toronto is still doing first and second round interviews (after sending out first rounds in early April). Seems like banks right now are interviewing the entire street, and being super selective on hiring. Anyone else having the same experience? Seems like there’s a power switch right now from the employee to the employer.
Yea that’s how it is everywhere fam
All processes I’ve been involved in have been the same. Seems like Scotia took a page out of Desjardins’ book, they also interviewed everyone on the street and didn’t hire
Apparently they’re still interviewing first rounds 💀💀
Desjardins hired (I don't work there)
It only took a few months
It's pretty rough out there, lots of talent and very few open positions so employers can be picky. I'm also hearing that there were tough lessons learnt hiring extremely subpar candidates during the pre/COVID hiring glut so teams are being even more cautious.
What would you recommend for laterals with experience?
Unless you're desperate, be picky about both firm and group. Try and stay tight with the hiring lead without being annoying.
A couple of nepo processes were wrapped in a week or two.
Everything is just a game.
Which ones?
Heard some of the CIBC listings were already filled when they went up, but I'm not sure how true this is.
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