Prepare for Economic Downturn
The economic downturn continues to effect employers just as much as employees due to post-Boomers’ focus on family and entrepreneurship, which is addressed in Recession’s Impact on the Job Market. Recession is hurting the overall optimism of 2008 graduates, but it keeps their hopes high if companies enact their workforce plans for this time of economy. The talent demands will continue to rise as more graduates enter the job market, but employers’ capability to hire is of prime factor. With this said, workforce planning is needed due to the economic downturn we have experienced the last four years.
What can you do to help your company counter recession?
You should look for the best entry level sales and marketing candidates that will stay with your company through bad times. Companies offering great benefit packages and refusing pay freezes have a greater return on their investments in Gen Y. If you want to stay ahead of the competition, remember the bottom line and the talent available.
Article courtesy of the Recruiting Blogswap, a content exchange service sponsored by CollegeRecruiter.com, a leading site for college students looking for internships, recent graduates searching for entry level jobs, other career opportunities http://blog.generationrelations.com/?p=38