If you're an HR professional or business manager, you know that timing is everything when it comes to hiring. It's not just about whether the market conditions are right for your business needs—it's also about making sure that you don't miss out on a great candidate because of bad timing. For example, it's no good posting an ad in December if you want to hire a lifeguard for the summer. The best candidate might already have a job lined up!
In some cases, the best candidates even have jobs lined up with your competitors. If you're looking to hire a Market Research Analyst, then, how do you make sure that you don't miss out? You need to find the right time to post your job ad and make sure that they aren't being poached by another company while they read your offer letter. There isn't any one "best" time to hire a Market Research Analyst—each business' needs are different—but there are some things you can keep in mind as you start your search for this type of talent.
The best time to hire a market research analyst is in the summer. Specifically, August is a great month to find the perfect candidate for your company. If you're still searching for one, here's how to get started:
You should still be aware that there may be a few other companies out there who are interviewing market research analysts at the same time as you. You may even find that your competition has hired an analyst before you. In this case, we recommend hiring someone who is already employed but not happy with their job. Alternatively, if you can't find an unsatisfied employee at another company to fill your position, then consider hiring someone looking for new opportunities in the field.
The best time to hire a market research analyst is during the summer (June, July, and August).
This is because it is a slow time for most market research analysts. During this time of year, most have completed their projects and are looking for new work. Therefore they are more likely to accept your offer if you provide them with an attractive salary package.
In addition to the benefits mentioned above, hiring a market research analyst in June is also convenient because it gives them ample time to familiarize themselves with your business before you start working together in September/October.
The best time of year to hire a market research analyst is in August. In fact, August is the ideal month to hire a market research analyst.
Why? Because you need someone who can help you develop a plan for your company's future before autumn hits. If you wait until after fall descends upon us, then it will be too late for you to develop this strategy and your business may not make it through the winter months alive!
It's also important that you don't wait any longer than necessary because there are other people out there trying to get hired by companies like yours. They're all vying for positions within your organization; they want what's yours! So if they know that someone else is interested in hiring them as well as yourself (and they probably do), then they'll end up taking another job offer instead of yours because they're worried about losing out on something better or more stable than whatever role has been offered them thus far (which would obviously include benefits).
On a final note, market research analysts are in high demand and there is a shortage of qualified professionals to fill these positions. The latest data from the BLS shows that there were over 22,000 job openings for market research analysts in 2018, with a median annual salary of $63,120. The best months to hire these professionals are during the summer (June - August). During this time of year, candidates have less incentive to stay at their current company.