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Showing posts from November, 2008

Job Posting Trends - October 2008

Despite the disastrous global economic crisis taking a heavy toll on all the industries, the recruitment industry has some surprising stats and figures. Milgram Report October 2008 (published by www.beyond.com) reveals that there was a -9.71% decrease in the number of jobs posted in October 2008, compared to the number of jobs posted in September 2008. The following data represents the percentage change in the number of jobs posted for each candidate experience level in October 2008, compared to the number of jobs posted in September 2008. Source: www.beyond.com

Understand Recruitment Patterns in a Slow Market

Source: eGrabber Newsletters Strategies and decisions that worked well can fail you in a slow market. Hence it is important to take a pause and understand the trends and patterns associated with recruiting in a slow market. Studying the past can be very useful under these circumstances. If your company has been in business for more than 7 years, look at data during 2002-04. How did you handle the slowdown last time? Were there any significant lessons learnt that you could implement now? Do you have any insights into the recruitment industry trends and patterns then, which you could use today? Should you change your business model and focus? Answers to these can help you find ways not only to sustain and grow your business in the down market, but also make you immune to future recessions.

Resources you can use – Yammer

Source: eGrabber Newsletters Yammer is a tool for making companies and organizations more productive through the exchange of short frequent answers. It gives you the ability to communicate, in real-time, with employees anywhere in the world. You can get more information from the Yammer website.

Automate Wherever, Whenever Possible

Source: eGrabber Newsletters One of the ways to deal with an economic slow-down is by finding ways to automate your everyday tasks. It will reduce the workload on your team, freeing up time to focus more on value-adding activities. Appraise all your daily tasks and see if you can do away with time-wasters. Are there tasks you have been doing manually that a software solution can do for you? Sift through the market, explore technological advancements that can automate some of your tasks, help you save time and increase productivity. Decisions made in this regard will not only help your business during an economic downturn, but will make you better when things are back to normal.