{"id":37431,"date":"2023-10-12T12:12:48","date_gmt":"2023-10-12T16:12:48","guid":{"rendered":"https:\/\/www.pcrecruiter.net\/site\/?p=37431"},"modified":"2024-01-11T12:11:38","modified_gmt":"2024-01-11T17:11:38","slug":"guide-to-switching-recruiting-verticals","status":"publish","type":"post","link":"https:\/\/www.pcrecruiter.net\/site\/2023\/10\/12\/guide-to-switching-recruiting-verticals\/","title":{"rendered":"A Guide To Switching Recruiting Verticals"},"content":{"rendered":"<div class=\"wp-block-image is-style-rounded\">\n<figure class=\"alignleft size-full\"><a href=\"https:\/\/www.linkedin.com\/in\/davidjames-iar\/\"><img decoding=\"async\" width=\"300\" height=\"293\" src=\"https:\/\/www.pcrecruiter.net\/site\/wp-content\/uploads\/2023\/10\/david-james.png\" alt=\"David L. James - Executive Recruiter\" class=\"wp-image-37434\"\/><\/a><figcaption>David James, shown delivering his TED Talk &#8220;<a href=\"https:\/\/www.youtube.com\/watch?v=V9L_jp7_D7w\">Why Resumes Do NOT Work<\/a>&#8221; in Las Vegas (Jan. 2020)<\/figcaption><\/figure><\/div>\n\n\n<p class=\"lead-feature\">The economy shapes the job market. Economic downturns can reduce demand in one sector and create a surge in another. In order to survive \u2014 and thrive \u2014 recruiters and recruitment firms sometimes need to reposition themselves to weather economic storms.<\/p>\n\n\n\n<p class=\"lead-feature\">We spoke with seasoned executive recruiter (and &#8216;O.G. PCRecruiter user&#8217;) <a href=\"https:\/\/www.linkedin.com\/in\/davidjames-iar\/\">David James<\/a> to gain his perspective on how to handle a switch in recruiting verticals.\u00a0\u00a0<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Potential pitfalls of switching verticals<\/strong><\/h2>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>Some people come to recruiting because they want to make money, and it&#8217;s an absolute grind to them. I&#8217;ve always felt like getting somebody a job has this form of valorization. If you don&#8217;t love people and love talking on the phone, it doesn&#8217;t matter if you\u2019ve got the best vertical ever!<\/p><cite>\u2013 David James, Executive Recruiter\u00a0<\/cite><\/blockquote>\n\n\n\n<p>It\u2019s possible that given the right timing and right connections, you could slide into a new sector and put together a couple of lucrative placements. The thing is, however, you\u2019re now working outside your area of expertise. You\u2019ve left your core competency, and its marketing, on your previous desk, and that desk has now closed. You\u2019re in a new sector with no recyclable candidates \u2014 the talent pool of prospective placements who may not have fit one role but could potentially match your next one.\u00a0<\/p>\n\n\n\n<p>Switching verticals creates a gap in your industry-specific knowledge and skills and puts you in unfamiliar territory. You\u2019ll need to plug the holes in your knowledge, and fast. So be prepared to invest time and effort into upskilling. Without the established connections you had in your previous specialty, you\u2019ll also need time to grow your network. Different industries come with different compensation structures, so also be prepared for variations in salaries, commissions, and bonus structures.<\/p>\n\n\n\n<p>Change can be challenging. Clients may be skeptical about hiring a recruiter experienced in a different vertical. So you&#8217;ll need to earn their trust, demonstrating your transferable skills and commitment to excelling in this new market. Anticipate resistance from clients and candidates who may question your decision to switch. Some clients may even think you\u2019re using the new vertical as a stepping stone rather than getting into it for the long term. Be clear about your intentions and how this move fits into your career trajectory.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>The art of market mastery&nbsp;<\/strong><\/h2>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><em>In any new vertical, you\u2019ve got to have market mastery \u2013 you need to aggregate all the talent. That\u2019s why you need a FILL statement \u2013 Function, Industry, Location, and Level.<\/em><\/p><cite>\u2013 David James, Executive Recruiter\u00a0<\/cite><\/blockquote>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"alignright size-medium\"><img decoding=\"async\" width=\"300\" height=\"200\" src=\"https:\/\/www.pcrecruiter.net\/site\/wp-content\/uploads\/2023\/10\/david-james-podcasting-300x200.png\" alt=\"David L. James on the &quot;Bit About Crypto&quot; podcast.\" class=\"wp-image-37438\" srcset=\"https:\/\/www.pcrecruiter.net\/site\/wp-content\/uploads\/2023\/10\/david-james-podcasting-300x200.png 300w, https:\/\/www.pcrecruiter.net\/site\/wp-content\/uploads\/2023\/10\/david-james-podcasting.png 640w\" sizes=\"(max-width: 300px) 85vw, 300px\" \/><figcaption>David James recording an episode of the &#8216;Bit About Crypto&#8217; podcast.<\/figcaption><\/figure><\/div>\n\n\n<p>A professional recruiter since 1988, David James loves what he does. He\u2019s also switched verticals enough times \u2014 from internal auditing to cryptocurrency to casinos to construction, and back again \u2014 to know that market mastery is the key to success. That\u2019s why, before jumping on the phone, it\u2019s important to truly understand the roles you\u2019re looking to fill and which types of candidates will offer the best fit. <\/p>\n\n\n\n<h3 class=\"wp-block-heading\">F.I.L.L. (Function, Industry, Location, Level)<\/h3>\n\n\n\n<p>Here\u2019s how a <strong>FILL <\/strong>statement breaks down\u2026<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Function:<\/strong> What are the core functions of the roles you\u2019re trying to fill? Do they align with your candidates&#8217; skills and interests? Do the day-to-day responsibilities resonate with their career aspirations?<\/li><\/ul>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Industry:<\/strong> Understanding the industry&#8217;s dynamics, key players, and prospects is key to long-term success. Ensure the industry not only interests you, but also has potential for growth.&nbsp;<\/li><\/ul>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Location:<\/strong> Consider the geography of the roles in your new vertical. They could be local, national, or even international. Are potential candidates willing to travel or move for new career opportunities?<\/li><\/ul>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Level:<\/strong> Assess the level of responsibility and seniority of your open roles. Ensure that the roles align with candidates&#8217; career goals and expectations. What are the opportunities for growth and advancement within the vertical?<\/li><\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Tips for making the switch to a niche<\/strong><\/h2>\n\n\n\n<p>When it comes to changing verticals, David says &#8220;you need to find one thing that everybody wants. Not only do they want it, they <em>need<\/em> to have it. For them, it\u2019s essential.&#8221; But, of course, that\u2019s not easy to find. That\u2019s why you need market mastery (FILL).\u00a0<\/p>\n\n\n\n<p>Take this as an example: you\u2019re a recruiter with a specialty in engineering, which is actually a very broad market. You need to take a deep dive into that market and pull out a niche. How about engineers who calibrate scales? Scales on the highway, scales at the meat counter, scales at the market. There\u2019s your business model (and that\u2019s a real example, by the way).&nbsp;<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>It\u2019s not how many calls you\u2019ve made. It\u2019s how many conversations you had.<\/p><cite>\u2013 David James, Executive Recruiter<\/cite><\/blockquote>\n\n\n\n<p>The big misconception is that you can conquer an entire market segment. Take the accounting sector, for example. Let&#8217;s say you need to source candidates for three roles: an internal auditor, a treasury manager, and a corporate controller.<\/p>\n\n\n\n<p>Those are three separate searches. Why? Because the internal auditor can&#8217;t do the treasury job or the corporate controller job, and vice versa. Let&#8217;s say that you sourced three candidates for each one of those searches and it took a month to find them. What you effectively have is three different recruiting businesses. What you need is recyclable candidates.<\/p>\n\n\n\n<p>Whatever candidates you need to find, they need to be recyclable. Think about nurses. Imagine you&#8217;ve found a nurse who is willing to travel and who has got the right certification. Suddenly, you can actually go to multiple hospital systems, and they&#8217;ll see that nurse whether they have a position or not.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Relying on the right recruiting tech<\/strong><\/h2>\n\n\n\n<p>No matter what vertical you\u2019re in, having the right recruitment tech behind you is essential. That means building out your own talent pool \u2014 a private store of candidates with your own enhanced details, activity, and history records. When you\u2019re new to an industry, the very first thing you need to do is populate your database.\u00a0<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>The people behind <a href=\"https:\/\/www.pcrecruiter.net\/site\">CLICK HERE TO LEARN MORE<\/a> have made it one of the best partnerships of my recruiting career.<\/p><cite>\u2013 David James, Executive Recruiter<\/cite><\/blockquote>\n\n\n\n<p>But here\u2019s the tip from David: don&#8217;t worry about the candidates right off the bat. You need to segment your hiring authorities. Find your hiring authorities first. Push that to between 1,000 and 2,000 hiring authorities, and <em>then<\/em> you\u2019ve got a market.\u00a0<\/p>\n\n\n\n<p><em>No matter what vertical (or verticals) you recruit in, PCRecruiter adapts to your needs. To request more information or book a demo, <\/em><a href=\"https:\/\/www.pcrecruiter.net\/site\/contact-us\/#book-demo\"><em>contact us<\/em><\/a>.<\/p>\n\n\n\n<p><em>Got a recruiting problem? David James is an executive recruiter and recruiting consultant\u00a0 with years of industry experience. Reach out to him via email, <\/em><a href=\"mailto:dj@talstrats.com\"><em>dj@talstrats.com<\/em><\/a><em> or <a href=\"https:\/\/www.linkedin.com\/in\/davidjames-iar\/\">LinkedIn<\/a> <\/em>@<em>davidjames-iar<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>For recruiters working in a specific industry, switching verticals can be a chance to grow their business and learn something new. But more often than not, recruiters move in and around different verticals out of economic necessity. <\/p>\n","protected":false},"author":13,"featured_media":37441,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[24],"tags":[],"class_list":["post-37431","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-industry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\r\n<title>A Guide To Switching Recruiting Verticals - PCRecruiter<\/title>\r\n<meta name=\"description\" content=\"We spoke with Executive Recruiter David L. 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