{"id":2274,"date":"2022-12-06T15:45:13","date_gmt":"2022-12-06T15:45:13","guid":{"rendered":"https:\/\/fieldoftalent.com\/staging\/?p=2274"},"modified":"2022-12-06T15:45:13","modified_gmt":"2022-12-06T15:45:13","slug":"beat-the-recession-2-reasons-now-is-the-best-time-to-improve-your-recruitment-strategy-seriously","status":"publish","type":"post","link":"https:\/\/fieldoftalent.com\/staging\/beat-the-recession-2-reasons-now-is-the-best-time-to-improve-your-recruitment-strategy-seriously\/","title":{"rendered":"Beat the recession: 2 reasons now is the best time to improve your recruitment strategy (seriously!)"},"content":{"rendered":"\n<p>How have you adapted your <a href=\"https:\/\/fieldoftalent.com\/staging\/the-7-habits-of-highly-effective-hiring-managers\/\">recruitment strategy<\/a> to thrive during the downturn?<\/p>\n\n\n\n<p>Oh\u2026 You haven\u2019t changed <em>anything<\/em>?<\/p>\n\n\n\n<p>Well, here are two reasons you should \u2013 right now:<\/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\"><strong>But first, what happens to the labor market in a recession?<\/strong><\/h2>\n\n\n\n<p>In short, your fight to attract top talent just got a little bit tougher. A recession <a href=\"https:\/\/fieldoftalent.com\/staging\/why-talent-leaders-need-to-prepare-for-a-jobless-future\/\">labor market is competitive<\/a>.<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>More people looking for and holding onto work<\/li><li>Fewer available jobs<\/li><li>Decreased wages<\/li><\/ul>\n\n\n\n<div style=\"height:25px\" 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\/12\/FOT-Inline-Blog-Images-1024x576.jpg\" alt=\"2 things that happen during a recession with workers and open jobs\" class=\"wp-image-2277\" srcset=\"https:\/\/fieldoftalent.com\/staging\/wp-content\/uploads\/2022\/12\/FOT-Inline-Blog-Images-1024x576.jpg 1024w, https:\/\/fieldoftalent.com\/staging\/wp-content\/uploads\/2022\/12\/FOT-Inline-Blog-Images-600x338.jpg 600w, https:\/\/fieldoftalent.com\/staging\/wp-content\/uploads\/2022\/12\/FOT-Inline-Blog-Images-300x169.jpg 300w, https:\/\/fieldoftalent.com\/staging\/wp-content\/uploads\/2022\/12\/FOT-Inline-Blog-Images-768x432.jpg 768w, https:\/\/fieldoftalent.com\/staging\/wp-content\/uploads\/2022\/12\/FOT-Inline-Blog-Images-1536x864.jpg 1536w, https:\/\/fieldoftalent.com\/staging\/wp-content\/uploads\/2022\/12\/FOT-Inline-Blog-Images.jpg 1920w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<div style=\"height:25px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p>Workers may even accept lower pay or worse working conditions in order to secure a job. Or they\u2019ll take on part-time or temporary work or transition into a new industry or career \u2013 just to remain employed.<\/p>\n\n\n\n<p>The name of the game for employees is to find and stay in a job.<\/p>\n\n\n\n<p>For employers? To attract them.<\/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>1. Attract highly skilled employees on the market<\/strong><\/h2>\n\n\n\n<p>When the economy is healthy, top talent is snatched up immediately. In as little as <a href=\"https:\/\/www.ere.net\/top-candidates-are-gone-within-10-days-so-assign-each-a-hire-by-date\/\" target=\"_blank\" rel=\"noreferrer noopener\">10 days<\/a>!<\/p>\n\n\n\n<p>During a recession on the other hand, employers can\u2019t afford to pay those same talented employees. So there are more highly skilled workers available on the job market.<\/p>\n\n\n\n<p><strong>This is where you capitalize.<\/strong><\/p>\n\n\n\n<p>If you\u2019re seeing negative business impacts from the economy, understand the market will eventually bounce back. So any investments you make in talent now may recoup themselves in the future \u2013 even if it seems daunting and risky.<\/p>\n\n\n\n<p>We&#8217;re not seeing the talent surplus everyone talks about. Sure, there are more people on the market. But the open job demand is still outpacing supply and top talent are either &#8230;<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Being selective about their next job<\/li><li>Hunkering down in their current position<\/li><li>Or quickly moving from on-the-market to off<\/li><\/ul>\n\n\n\n<p>These highly skilled employees on the market have the skills, qualifications and experience to get any job opportunity they want. So speed is critical.<\/p>\n\n\n\n<div style=\"height:25px\" 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\/12\/FOT-Inline-Blog-Images-1-1024x576.jpg\" alt=\"2 reasons to invest in recruitment during a recession\" class=\"wp-image-2276\" srcset=\"https:\/\/fieldoftalent.com\/staging\/wp-content\/uploads\/2022\/12\/FOT-Inline-Blog-Images-1-1024x576.jpg 1024w, https:\/\/fieldoftalent.com\/staging\/wp-content\/uploads\/2022\/12\/FOT-Inline-Blog-Images-1-600x338.jpg 600w, https:\/\/fieldoftalent.com\/staging\/wp-content\/uploads\/2022\/12\/FOT-Inline-Blog-Images-1-300x169.jpg 300w, https:\/\/fieldoftalent.com\/staging\/wp-content\/uploads\/2022\/12\/FOT-Inline-Blog-Images-1-768x432.jpg 768w, https:\/\/fieldoftalent.com\/staging\/wp-content\/uploads\/2022\/12\/FOT-Inline-Blog-Images-1-1536x864.jpg 1536w, https:\/\/fieldoftalent.com\/staging\/wp-content\/uploads\/2022\/12\/FOT-Inline-Blog-Images-1.jpg 1920w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\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. You have to emerge from the fierce competition<\/strong><\/h2>\n\n\n\n<p>Your competition for top talent is<a href=\"https:\/\/fieldoftalent.com\/staging\/only-14-why-your-favorite-candidates-have-no-idea-your-company-even-exists-what-do-about-it\/\"> tough<\/a> during a recession.<\/p>\n\n\n\n<p>Position your company as an employer of choice for the type of employees you want to attract. Not any old workers, but those who care about advancing your mission and vision for the future. <em>Them!<\/em><\/p>\n\n\n\n<p>A well-designed recruitment strategy improves your brand. Invest your time and resources into strategies that solidify your reputation:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Sponsoring events in your community<\/li><li>Posting on social media and growing your network<\/li><li>Rewarding your employees for referring candidates and new hires<\/li><\/ul>\n\n\n\n<p>Standing out is paramount. (<em>Oooh! Good song lyrics.<\/em>) But remember \u2013 It takes <a href=\"https:\/\/www.pammarketingnut.com\/2014\/05\/personal-branding-strategy-social-media-marketing-white-paper\/\" target=\"_blank\" rel=\"noreferrer noopener\">5<\/a> separate brand impressions for someone to remember you.<\/p>\n\n\n\n<p>So start now.<\/p>\n\n\n\n<p>As employers race to attract talent, an intentional recruitment strategy will put you ahead of the curve. With the right preparation, you\u2019re golden.<\/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:50px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p>Need help refining your talent acquisition strategy \u2013 especially heading into a recession?<\/p>\n\n\n\n<p>Field of Talent helps organizations (like USA Gymnastics) speed up their recruitment process and get the talent they need to grow.<\/p>\n\n\n\n<p>Schedule your free consult <a href=\"https:\/\/fieldoftalent.com\/staging\/contact\/\">here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The recession is here. How have you adapted? Here are two reasons you should dedicate resources to your recruitment strategy: Attracting the best labor on the market and emerging from the downturn a clear winner.<\/p>\n","protected":false},"author":1,"featured_media":1623,"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":[11,21,174],"tags":[239,136,240,241,139,189,188,88,242,32,34,91],"class_list":["post-2274","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-impact","category-recruiting-strategy","category-recruitment-trends","tag-competitive-labor-market","tag-economic-downturn","tag-economic-impact","tag-labor-economics","tag-labor-market","tag-recession","tag-recruitment-strategy","tag-recruitment-trends","tag-skilled-labor","tag-talent-acquisition","tag-talent-acquisition-strategy","tag-talent-acquisition-trends"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Beat the recession: 2 reasons now is the best time to improve your recruitment strategy (seriously!) - 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=\"Beat the recession: 2 reasons now is the best time to improve your recruitment strategy (seriously!) - Field of Talent\" \/>\n<meta property=\"og:description\" content=\"The recession is here. 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