of companies still actively hiring despite recession fears (CFO.com).
Companies that rely solely on cutting down their workforce during a downturn have only an 11% chance of achieving breakaway performance once the crisis is over (HBR).
5 Benefits Of Using A Flexible Recruitment Solution
For many, the immediate instinct is to freeze hiring and focus on cost-saving measures such as cutting overheads, postponing projects, and even making layoffs. But as we’ve discussed in a recent article, “How To Use A Market Slowdown To Optimize Your Recruitment Processes,” – we think that’s a bad idea.
In this article, we’ll discuss why during times of economic uncertainty is the perfect time to onboard a flexible talent partner — such as Talentful. We’ll share some of the benefits of using a flexible recruitment solution during a recession and explain why it’s a more financially prudent decision than increasing your internal talent team.
What is a flexible recruitment solution?
A flexible recruitment solution is a talent acquisition model that involves outsourcing all or part of your recruitment process to an external team of experts. It’s a type of RPO, or recruitment process outsourcing. But crucially, it’s also flexible enough for you to scale your recruitment up and down according to your changing needs. This makes this model the perfect solution for times of economic uncertainty, when you’re not sure what the next 6–12 months will look like.