Q: Why am I finding it so difficult to recruit good people during a recession?
A: Fear keeps the best people in their present jobs during a recession ~ understandably, good people are reluctant to change employer in a difficult economic climate.
A recent YouGov survey of over 3000 employees, carried out for the CIPD, found that 75% have no plans to change employers in the foreseeable future, with two-thirds citing difficulties in the current market as the main reason.
Of course, once job opportunities increase dissatisfied employees will vote with their feet and then unfortunately it’s your high performers who are more likely to quit and leave. It’s vital not to take the loyalty of your best people for granted. Now is the time to focus on individual performance and engagement with your business plans. Your best people are those who will enable you to take advantage of the coming recovery. Latent dissatisfaction may lead to high employee churn over the coming months, leaving your business vulnerable and unstable.
Cognisis provide occupational psychology services and outsourced HR solutions which deliver bottom line business performance. Our service enables our clients to employ, retain and motivate the very best people. We release competitive advantage by ensuring you have the right people, with the right skills in the right roles.
Let us help your business survive the downturn and be prepared and well-managed for growth.
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