Saturday, December 20, 2008

How Corporations Are Recruiting With A Recession

By Cade Krueger

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 came up with a survey from a variety of companies in different industries to figure out what their plans are for 2009 compared to 2008. This gives you a good idea of where the industry is going and how you can avoid any negative assumptions personal or with your department of recruiters.

If you are working for just once company it is still important to understand recruiting trends in the industry and with your competition. This allows you to be more skilled with knowledge to make the right recruiting and sourcing situations.

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.

It is obvious to see that the drop off is going to be large for the hiring freeze and layoffs. So a lot of those people are going to get jobs back or move on to other companies and they will need recruiting support during these difficult times.

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.

As companies continue to look to hire people back or bring in new talent, it becomes important for you to find candidates that are sitting in the dark right now and build trust with them in a nurturing campaign. The trust you can build now will be amazing for the future.

Probably the best way to find this talent is to use recruitment advertising online on niche blogs, web sites, user forums, and any web 2.0. One of the best ways to do this is through TalentSeekr from EnticeLabs. They do a great job of branding your corporation and sourcing these candidates at their ideal sites. - 16928

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