As we move further into this economic recession it becomes even more important to have your pulse of the finger of larger corporations when it comes to recruiting. It is important to understand their direction with hiring, layoffs, budgeting, benefits, marketing and other things they have done and what they are planning to do during 2009.
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 with just one company for recruiting it is still important information for you to understand this information. The more knowledge you have, the more skilled you will be to make the right decisions and outperform your competition.
What is good to know is that majority of the hiring freeze and layoffs have already taken place and companies anticipate that it will be a lot less in 2009. 47% of the companies have entered some level of hiring freeze and 39% have performed layoffs. In the next 12 months only 18% are looking at some form of hiring freeze and 23% are looking to layoff more people.
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 limit their employees so they need to hire employees that are going to have a huge impact with limited funds. Often they will hire people that other companies can't hire because of budgets.
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 nurture this campaign is to use a product like TalentSeekr from EnticeLabs. It is great for marketing candidates on the internet and branding them to your corporation. - 16463
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 with just one company for recruiting it is still important information for you to understand this information. The more knowledge you have, the more skilled you will be to make the right decisions and outperform your competition.
What is good to know is that majority of the hiring freeze and layoffs have already taken place and companies anticipate that it will be a lot less in 2009. 47% of the companies have entered some level of hiring freeze and 39% have performed layoffs. In the next 12 months only 18% are looking at some form of hiring freeze and 23% are looking to layoff more people.
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 limit their employees so they need to hire employees that are going to have a huge impact with limited funds. Often they will hire people that other companies can't hire because of budgets.
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 nurture this campaign is to use a product like TalentSeekr from EnticeLabs. It is great for marketing candidates on the internet and branding them to your corporation. - 16463
About the Author:
Cade Krueger works with recruiters as the Director of Sales for Entice Labs and helps recruiters with job recruitment in order to locate ideal hires. He also promotes a product, called TalentSeekr, for job recruiting that reaches five times the candidates at a fraction of the cost of job boards. This helps to save recruiters time and money.
