{"id":2191,"date":"2022-10-26T21:44:17","date_gmt":"2022-10-26T21:44:17","guid":{"rendered":"https:\/\/fieldoftalent.com\/staging\/?p=2191"},"modified":"2022-10-26T21:44:17","modified_gmt":"2022-10-26T21:44:17","slug":"want-to-recession-proof-your-business-3-ways-to-prepare-for-the-downturn-without-laying-off-employees","status":"publish","type":"post","link":"https:\/\/fieldoftalent.com\/staging\/want-to-recession-proof-your-business-3-ways-to-prepare-for-the-downturn-without-laying-off-employees\/","title":{"rendered":"Want to recession-proof your business? 3 ways to prepare for the downturn without laying off employees"},"content":{"rendered":"\n<p>The recession is scary. For good reason.<\/p>\n\n\n\n<p>People-first leaders like you are forced to make layoffs and RIFs. Not only do they hurt your heart, RIFs are culture killers. And when culture takes a hit, productivity dips too.<\/p>\n\n\n\n<p>Combined, Field of Talent\u2019s worked in recruitment for centuries. We\u2019ve seen multiple recessions and several great leaders make awful people decisions.<\/p>\n\n\n\n<p>But good news \u2013 you don\u2019t have to.<\/p>\n\n\n\n<p>Below you\u2019ll learn how top companies prepare their organizations for a recession\u2026 <strong>without<\/strong> losing any employees.<\/p>\n\n\n\n<div style=\"height:50px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-a89b3969 wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button aligncenter has-custom-font-size is-style-fill has-medium-font-size\"><a class=\"wp-block-button__link has-white-color has-text-color has-background\" href=\"#transitional\" style=\"border-radius:5px;background:linear-gradient(135deg,rgb(47,175,125) 0%,rgb(63,208,202) 100%)\"><strong>Get content like this in my inbox<\/strong><\/a><\/div>\n<\/div>\n\n\n\n<div style=\"height:100px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\">1. Prepare current employees &amp; resources<\/h2>\n\n\n\n<div style=\"height:50px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<figure class=\"wp-block-image size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/fieldoftalent.com\/staging\/wp-content\/uploads\/2022\/10\/Shift-your-resources-\u2013-look-within-1024x576.png\" alt=\"Look within your organization for shifting resources\" class=\"wp-image-2194\" srcset=\"https:\/\/fieldoftalent.com\/staging\/wp-content\/uploads\/2022\/10\/Shift-your-resources-\u2013-look-within-1024x576.png 1024w, https:\/\/fieldoftalent.com\/staging\/wp-content\/uploads\/2022\/10\/Shift-your-resources-\u2013-look-within-600x338.png 600w, https:\/\/fieldoftalent.com\/staging\/wp-content\/uploads\/2022\/10\/Shift-your-resources-\u2013-look-within-300x169.png 300w, https:\/\/fieldoftalent.com\/staging\/wp-content\/uploads\/2022\/10\/Shift-your-resources-\u2013-look-within-768x432.png 768w, https:\/\/fieldoftalent.com\/staging\/wp-content\/uploads\/2022\/10\/Shift-your-resources-\u2013-look-within-1536x864.png 1536w, https:\/\/fieldoftalent.com\/staging\/wp-content\/uploads\/2022\/10\/Shift-your-resources-\u2013-look-within.png 1920w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<div style=\"height:50px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p>If you can\u2019t hire the best talent on the market, you\u2019ve got to use what you have.<\/p>\n\n\n\n<p>But knowing you and your team, that\u2019s not such a bad thing. You guys rock!<\/p>\n\n\n\n<p>Shift your current employees and resources to fill gaps as needed. Need to ramp up your marketing while your competitors scale back? Try these methods:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Move more budget to marketing<\/li><li>Relocate employees to the marketing team to take on extra work<\/li><li>Shift some relevant responsibilities from the marketing team to salespeople<\/li><\/ul>\n\n\n\n<p>A simple shift will ensure you don\u2019t skip a beat during the downturn. Which is crucial when you want to emerge from the other side a winner.<\/p>\n\n\n\n<div style=\"height:100px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>2. Double down on candidate experience &amp; get the best talent possible<\/strong><\/h2>\n\n\n\n<p>What does a <a href=\"https:\/\/fieldoftalent.com\/staging\/recruitment-in-2022-what-your-top-candidates-expect\/\">great candidate experience<\/a> look like from their POV? Give them what they want:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Flexible interview scheduling<\/li><li>Quick decisions and turnarounds<\/li><li><a href=\"https:\/\/fieldoftalent.com\/staging\/close-the-communication-gap-optimizing-your-candidate-experience\/\">Frequent and clear communication<\/a><\/li><\/ul>\n\n\n\n<p>Because of the Great Resignation and rise of remote work, candidates are in the driver\u2019s seat. They want to work where they want, how they want, for whom they want.<\/p>\n\n\n\n<div style=\"height:50px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/fieldoftalent.com\/staging\/wp-content\/uploads\/2022\/10\/Double-down-on-candidate-experience-1024x576.png\" alt=\"Double down on candidate experience during a recession\" class=\"wp-image-2193\" srcset=\"https:\/\/fieldoftalent.com\/staging\/wp-content\/uploads\/2022\/10\/Double-down-on-candidate-experience-1024x576.png 1024w, https:\/\/fieldoftalent.com\/staging\/wp-content\/uploads\/2022\/10\/Double-down-on-candidate-experience-600x338.png 600w, https:\/\/fieldoftalent.com\/staging\/wp-content\/uploads\/2022\/10\/Double-down-on-candidate-experience-300x169.png 300w, https:\/\/fieldoftalent.com\/staging\/wp-content\/uploads\/2022\/10\/Double-down-on-candidate-experience-768x432.png 768w, https:\/\/fieldoftalent.com\/staging\/wp-content\/uploads\/2022\/10\/Double-down-on-candidate-experience-1536x864.png 1536w, https:\/\/fieldoftalent.com\/staging\/wp-content\/uploads\/2022\/10\/Double-down-on-candidate-experience.png 1920w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<div style=\"height:50px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p>While the market is down, it\u2019s the perfect time for you to focus on building a faster, <a href=\"https:\/\/fieldoftalent.com\/staging\/3-ways-to-welcome-new-employees-like-royalty-make-them-fall-in-love-with-you-on-day-1\/\">more personal hiring process<\/a> that leaves your candidates thinking <strong>Wow, I love this company<\/strong>.<\/p>\n\n\n\n<p>It may feel a bit weird in a recession to focus on hiring when others are doing the opposite. But Warren Buffett has some wise words for you \u2026<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>\u201cBe fearful when others are greedy and greedy when others are fearful.\u201d<br><br>\u2014 Warren Buffett<\/p><\/blockquote>\n\n\n\n<div style=\"height:50px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-a89b3969 wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button aligncenter has-custom-font-size is-style-fill has-medium-font-size\"><a class=\"wp-block-button__link has-white-color has-text-color has-background\" href=\"#transitional\" style=\"border-radius:5px;background:linear-gradient(135deg,rgb(47,175,125) 0%,rgb(63,208,202) 100%)\"><strong>Get content like this in my inbox<\/strong><\/a><\/div>\n<\/div>\n\n\n\n<div style=\"height:100px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>3. Reduce inefficiencies &amp; speed up your hiring process<\/strong><\/h2>\n\n\n\n<p>You know <a href=\"https:\/\/fieldoftalent.com\/staging\/slow-recruiting-process-costs-more-than-lost-revenue\/\">speed<\/a> is the name of the game.<\/p>\n\n\n\n<div style=\"height:50px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/fieldoftalent.com\/staging\/wp-content\/uploads\/2022\/10\/Speed-is-the-name-of-the-game-in-recruiting-1024x576.png\" alt=\"Speed is the name of the game in recruiting\" class=\"wp-image-2195\" srcset=\"https:\/\/fieldoftalent.com\/staging\/wp-content\/uploads\/2022\/10\/Speed-is-the-name-of-the-game-in-recruiting-1024x576.png 1024w, https:\/\/fieldoftalent.com\/staging\/wp-content\/uploads\/2022\/10\/Speed-is-the-name-of-the-game-in-recruiting-600x338.png 600w, https:\/\/fieldoftalent.com\/staging\/wp-content\/uploads\/2022\/10\/Speed-is-the-name-of-the-game-in-recruiting-300x169.png 300w, https:\/\/fieldoftalent.com\/staging\/wp-content\/uploads\/2022\/10\/Speed-is-the-name-of-the-game-in-recruiting-768x432.png 768w, https:\/\/fieldoftalent.com\/staging\/wp-content\/uploads\/2022\/10\/Speed-is-the-name-of-the-game-in-recruiting-1536x864.png 1536w, https:\/\/fieldoftalent.com\/staging\/wp-content\/uploads\/2022\/10\/Speed-is-the-name-of-the-game-in-recruiting.png 1920w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<div style=\"height:50px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p>But it\u2019s hard to find the time to take a long, hard look at your hiring process. What do you <em>actually<\/em> need to do?<\/p>\n\n\n\n<p>First step is to find the inefficiencies hiding in your process. What can you eliminate or streamline to speed everything up?<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><a href=\"https:\/\/fieldoftalent.com\/staging\/art-of-perfect-job-description-6-unusual-tips-from-talent-acquisition-experts\/\">Improve your job descriptions<\/a> with SEO and accurate information.<\/li><li>Plan each hiring process with subject-level agreements. Make sure your hiring manager is confident.<\/li><li>Engage applicants immediately when they apply to your job. This will cut overall time-to-hire. We use <a href=\"https:\/\/pivotcx.io\/\">PivotCX<\/a> to do so.<\/li><\/ul>\n\n\n\n<p>Need to cut costs?<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><a href=\"https:\/\/fieldoftalent.com\/staging\/ditch-the-fees-2-alternatives-to-expensive-headhunters\/\">Drop your headhunters<\/a>. They\u2019re expensive and not any better than your alternatives (like an <a href=\"https:\/\/fieldoftalent.com\/staging\/recruitment-process-outsourcing-rpo-what-is-it-how-does-it-work\/\">RPO<\/a>).<\/li><li>Negotiate discounts with hiring software companies. They\u2019ll be willing to retain a customer and get more cashflow.<\/li><\/ul>\n\n\n\n<p>Now, when the economy picks up again, you\u2019ll be positioned to scoop up the top talent and beat your competitors to the punch.<\/p>\n\n\n\n<div style=\"height:50px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p>Need help navigating layoffs and the overall recession? Field of Talent has worked with leaders and companies across the spectrum to prepare and emerge the other side poised for growth.<\/p>\n\n\n\n<p>Schedule your complimentary consult <a href=\"https:\/\/fieldoftalent.com\/staging\/contact\/\">here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>You\u2019re a people-first leader. We work with lots of executives like you. Many turn to layoffs during a recession. You don\u2019t want to. Good news \u2013 you don\u2019t have to. Prepare for the downturn with these 3 tips.<\/p>\n","protected":false},"author":1,"featured_media":1657,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[11,21],"tags":[13,220,196,16,221,222,223,189,25,27,32,34,224],"class_list":["post-2191","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-impact","category-recruiting-strategy","tag-candidate-experience","tag-communication","tag-culture","tag-hiring-process","tag-hiring-speed","tag-layoffs","tag-new-year","tag-recession","tag-recruitment-process","tag-recruitment-resources","tag-talent-acquisition","tag-talent-acquisition-strategy","tag-time-to-hire"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Want to recession-proof your business? 3 ways to prepare for the downturn without laying off employees - Field of Talent<\/title>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Want to recession-proof your business? 3 ways to prepare for the downturn without laying off employees - Field of Talent\" \/>\n<meta property=\"og:description\" content=\"You\u2019re a people-first leader. 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