Why does it take so long to obtain a position within a company.Consideration must be given whether the company is on a fiscal year or calendar year. Is it Jan. to Dec. or is it July to July for instance. Budgets are driven by the accounting year. Any business is allowed to adopt the calendar year, but businesses that do not keep books or do not have an annual accounting period are required to use one. S corporations are required to use either the calendar year or a 52-53 week tax year ending on Dec. 31.
That being said, when the budget model is presented and the presenter is deluged with questions about what assumptions are used in the model. Examples of assumptions are tax rate percentages, sales growth rates, mature product lines, capacity levels, cost of goods sold margins, and medical expense rate per person. Approval authorities want to ensure all assumptions are reasonable before wasting too much time reviewing the information that is presented. (Accounting Best Practices by Steven M. Bragg)
So with all this being said this includes the hiring and jockeying of positions. Just because you have interviews does not mean they have been approved. They might be in the mist of being approved during the interview process and when the approving authorities feel there is something missing, the position dissolves, put on hold or relinquished. (Something many jobseekers don't understand such as why it takes so long, didn't they (the company) know they were filling a position, what goes into getting a position approved, was there internal candidates to consider also, Why did they interview externals if they were giving to an internal, the requirements of the EEOC that requires posting of all positions whether given to internal or external, must ensure someone is qualified internal as to interviewing external)
Many avenues have to be considered why positions and hiring slow, end, and/or dissolve. It is business. It is no different than buying a piece of machinery to complete a project to make it simple. If the funding is thought to be there, if mid managers can get it approved, they will do everything within their power to get what they need, personnel included. The simple fact that middle management creates requisitions for positions to be filled along with HR, does not necessary mean they will get filled. (Ref statement above. Interviewing may be taking place during the process of getting approval) Disappointing to many interviewees and jobseekers. Not to take sides with any group, being jobseeker or recruiter, but sometimes recruiters do not have the any idea of what happened. The promise of saying I’ll call you back is with good intentions, but for many if the company just pulls out without any communications to the recruiter then the recruiter is caught sitting on his thumb turning 360 degrees with no idea how to or what to tell a candidate. So as ugly and disrespectful as it seems, how do you call a candidate and tell them, Um I have no idea what happened when the candidate knows they had an awesome interview, they were told they would be called back only to be left with nothing. Simply stated, “That’s Business”
Budgets are not always being cut back in the realm of over spending, cutting back, running out of money. Many actually increase hiring so they will not lose a slotted position and because the end of the calendar or fiscal year is coming close to a close, they hurry to spend the remains of their allocations. Typically, toward the end of fall entering into winter, business slows dramatically whereas hiring takes a back burner. However, if the allocation is slotted for a hire, most managers will do whatever they need to do not to lose such a slot. Once it is removed from the new budget they realize they will have to go through hoops again to get it re-approved. Upper managers tend to believe that if you have gone several months without filling, you apparently can operate without it. UA-17302514-2
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