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6 Things Recruiters Can Learn From Past Recessions

Linkedin Talent Blog

COVID-19 has slowed the economy just like the mortgage crisis did in 2007 and the dot-com bust did in 2001. During those times, like today, many organizations laid off workers, cut salaries, and froze hiring — whatever it took to weather the financial storm. For recruiters, these times can be unsettling.

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Talent Acquisition Teams Plan to Increase Spend on These 6 Things in 2019

Linkedin Talent Blog

As the graph below reveals, companies anticipate increasing their financial investment in numerous initiatives designed to improve the hiring process and boost retention — with only 2% of respondents saying they expect to reduce spending in these areas. As recruiting expert Ed Nathanson says , “It’s about dedication.”

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Start Me Up: 6 High Growth Hiring Hacks For Startup Success.

Recruiting Daily

This should be reflected in the budget; investing in a team of talented recruiters, emphasizing interpersonal skills and screening for culture while ensuring that your talent team has the tools and technology seems like a pretty obvious business case for really any high growth business.

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