Job Council News

What is a Job Vacancy?

A job vacancy is an empty position in a company, usually due to an employee leaving or being fired. An organization can fill a vacancy by recruiting externally or internally. Externally, it can advertise the job to the general public via newspapers, job boards, and other media channels. Internally, it can notify employees who may be interested and conduct a selection process to select the best candidate for the job.

The term “job vacancy” is also used to describe a period of unemployment. This may be caused by a decline in demand for labour, or workers can choose to leave their jobs if they feel they are not valued or if their workload is excessive. Regardless of the cause, it is important for organizations to have an accurate picture of their labour needs to make sound business decisions and plan accordingly.

Vacancies can be measured through employer surveys and/or online job postings. Using both methods helps to evaluate the level and composition of unmet labour demand at a local, granular level. However, the definition of a vacancy differs between surveys and online data sources.

If you are looking for a new role, it is important to be clear about the characteristics of a good job in order to avoid getting drawn into a job that does not fulfil your requirements. It is also useful to write down the skills and experience you wish to see in a vacancy so that you can focus on finding roles that match your criteria.

To attract candidates, organizations will typically publish a job advertisement which details the job description, required qualifications and other key information. Applicants will then submit their resumes to the organization and undergo an interview process to determine if they are a good fit for the vacancy. After a successful interview, the organization will hire the candidate to fill the vacancy.

It is common to have multiple job applications for a single vacancy. Therefore, it is important for an organization to have a system in place to manage and review these applications efficiently. This can include using an applicant tracking system to track and monitor the progress of each application.

In addition to publishing job advertisements, it is also beneficial for organizations to spread the word through social media channels and networking events. This can help to improve the speed at which a vacancy is filled.

While the pandemic has isolated people, it is a good time to rebuild and strengthen professional networks by joining (or re-joining) industry-specific user groups and attending relevant Meetups. It is also important to stay in touch with university alumni and any mentors who can offer advice on career moves and job hunting. It is also a good idea to consider working for companies that value transparency and predictability in the workplace. This will help you feel more at ease in your new role.