The early months of 2022 were a boon for hiring managers. It was the hottest job markets in decades, with month after month of record numbers of job openings and resignations. Now, as we launch into 2023, companies are tightening their belts in a way not seen since the 2008 financial crisis, with one high profile layoff after another.
How Recruiters Can Make the Most of a Hiring Slowdown
Set your team up for success when hiring inevitably picks back up.
January 18, 2023
Summary.
Recruitment teams may feel at loose ends during a hiring slowdown, but you can use this downtime strategically to level-up your skills and optimize your processes. These seven strategies can ensure that when hiring inevitably picks back up again, you’ll be in a position to win.
You can and should be identifying as many opportunities as possible to keep your team engaged and adding value to the business, and to ensure that your team can rebound the moment the market does.