Recessional Recruiting
Given the dire headlines of job cuts, recruitment
freezes and imposed unpaid leave this report asked over 4,000 employees and 500 HR managers for their opinions on recruitment and career progression during a recession.
Key findings include:
- 41% of HR Managers are concerned about being able to retain their employees during the recession
- A quarter of candidates are either confident or very confident about job security or finding a new job
- Over half of employees are looking for a new job (52%) and only the minority (16%) are job seeking due to redundancy
- 36% of companies haven’t changed their recruitment strategy in light of the recession
- 60% of workers haven’t changed their job hunting strategy, but 16% say they’re more flexible in which jobs they apply for
- 53% of firms are still hiring, with 80% of these looking for full time, permanent staff
- 21% of organisations aren’t replacing staff that leave
- One in ten companies are taking on recession busting staff
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