A lot of recruiters get frustrated and depressed during a difficult financial downturn. Many never recover because they are not well educated and prepared for the recession. You have to understand the direction of the recruiting industry as far as where it is at and where it is going.
Watson Wyatt created a survey for a variety of industries during the week of December 8th and they came up with some interesting findings. They found out what percentage of companies were making changes in 2008 and what companies anticipated making changes in 2009. This gives you a solid understanding of what is a reality and how you can avoid negative influences in your department.
You might be working with just one company and this information might not be as applicable, but that isn't true at all. If you have a general understanding of the direction of your industry then you can use that to help influence the decisions of your company.
The majority of the hiring freeze and layoffs have already taken place for companies and it is expect to be a lot less in 2009. 47% of the companies have entered some level of hiring freeze and 39% have executed layoffs. What is refreshing is that in the next 12 months only 18% are looking at some form of hiring freeze and 23% are planning layoffs.
These numbers are drastic drops from last year and it shows that companies are starting to level out a little bit as far as their layoffs and even more with hiring freeze. Companies are more willing to look to hire now and cut the fat of their company where they feel they can get better production out of a certain type of employee.
Companies have to find high impact employees that they can leverage their efforts well to make more funds. They will hire people that others can't keep. As they say, someone's trash is always someone else's treasure.
Companies will cut employees, but they will be looking to hire as times get better. They will hire those same people back and you need to gather as much information as possible and nurture those candidates so you can be a part of the turn around.
One of the best ways to leverage your efforts with sourcing job candidates is to market with TalentSeekr from EnticeLabs. They do a great job of branding corporations and allow for you to find candidates that you can throw in your CRM. - 16003
Watson Wyatt created a survey for a variety of industries during the week of December 8th and they came up with some interesting findings. They found out what percentage of companies were making changes in 2008 and what companies anticipated making changes in 2009. This gives you a solid understanding of what is a reality and how you can avoid negative influences in your department.
You might be working with just one company and this information might not be as applicable, but that isn't true at all. If you have a general understanding of the direction of your industry then you can use that to help influence the decisions of your company.
The majority of the hiring freeze and layoffs have already taken place for companies and it is expect to be a lot less in 2009. 47% of the companies have entered some level of hiring freeze and 39% have executed layoffs. What is refreshing is that in the next 12 months only 18% are looking at some form of hiring freeze and 23% are planning layoffs.
These numbers are drastic drops from last year and it shows that companies are starting to level out a little bit as far as their layoffs and even more with hiring freeze. Companies are more willing to look to hire now and cut the fat of their company where they feel they can get better production out of a certain type of employee.
Companies have to find high impact employees that they can leverage their efforts well to make more funds. They will hire people that others can't keep. As they say, someone's trash is always someone else's treasure.
Companies will cut employees, but they will be looking to hire as times get better. They will hire those same people back and you need to gather as much information as possible and nurture those candidates so you can be a part of the turn around.
One of the best ways to leverage your efforts with sourcing job candidates is to market with TalentSeekr from EnticeLabs. They do a great job of branding corporations and allow for you to find candidates that you can throw in your CRM. - 16003
About the Author:
Cade Krueger consults with recruiters as the Director of Sales for Entice Labs and helps recruiters with job recruitment in order to source quality hires. He also promotes a product, called TalentSeekr, for job recruiting that reaches five times the audience at a tenth of the cost of job boards. This helps to save recruiters time and money.
