The Times Ahead And Your Recruitment Plan
Friday, May 30th, 2008AS businesses prepare for an economic downturn, bosses need to focus on long-term viability and not “quick fixes”, according to psychological testing firm SHL.
Director of professional services Ray Glennon said employers now need to focus on long-term human resources development.“When organisations are facing a period of decline, it can be easy to think short term and cut costs wherever possible, often from talent management programs, training and recruitment budgets,” Dr Glennon said.
“Australia’s current talent shortage has proven that cutting back on training has drastic long-term effects for business and the economy.”
So hence the challenge facing employers moving forward is how to make the most of the tougher economic times ahead.
“An important element of staff retention and preparing your future workforce is ensuring that training and development doesn’t stop because budgets are squeezed,” he said.
Dr Glennon said the top three mistakes employers can make as the economy slows down are:
1) Ceasing training and development programs
2) Failing to recognise talent links directly to performance
3) Forgetting that the economy moves in cycles
Article from news.com.au
Logic Recruitment says:
In regards to recruitment strategies it relatively simple
The business should have in place a recruitment plan to suit with their goals can concurrently achieving these goals.
Recruitment should not be part or a knee jerk reaction to increased productivity and or income by the company
Even if a business / organisation is faced with a period of decline, the recruitment plan should still be retained. Often the injection of new staff into a business injects productivity into others work collegues this period of decline evaporates.
If faced with staff wanting to leave the organisation should have a comprehensive staff retention plan, and exit interview strategy so mistakes from the past can be learned and implements to retain current staff.

Happy staff I wonder what their retention plan is?




