According to StaffingIndustry.com, while many employers throughout the United States may be cutting back on overall staffing levels during the economic recession, companies also recognize this period of time as an opportunity to hire top-quality job candidates. The challenge, recruiters say, is managing tighter recruiting budgets and picking out top job performers in a flood of increased resume submissions.
Seventy-six percent of in-house corporate recruiters who participated in a Jobfox poll say the recession offers an opportunity to bring in higher quality talent to their organizations. At the same time, 53% of in-house recruiters expect their companies to hire fewer new employees compared to the same period a year ago.
“It’s the typical recession reaction whereby companies want to cut or freeze staffing levels, but not at the expense of losing good people or hiring top-flight contributors,” comments Jobfox CEO Rob McGovern. “The companies that will emerge victorious will be the ones that are most resourceful in managing cost-efficient recruitment activities.”