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Five Ways to Utilize Contingent Labor During an Economic Downturn

Acara Solutions

However, this recession is expected to differ from the ones experienced in 2001 and 2008 in that it could be quieter, slower, and longer, making flexibility in talent strategy even more critical. In 2008, many companies were forced to make difficult decisions about their workforce to reduce costs and maintain profitability.

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What Factors Affect Business Credit Scores?

NPA Worldwide

In 2008 he was inducted into INC Magazine’s, “INC 500” for being the CEO of Adams, Evens & Ross, the 307th fastest-growing privately held company in America. Lenders rely on these records to know how you handle your financial obligations, so a stained record reflecting financial distress hurts a company’s credit score.

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The Effects of Decreasing College Enrollments on the Labor Market

Acara Solutions

Rising costs and debt: Rising tuition fees, student loan debt, and the overall financial burden on students and their families have led to discussions about a college degree’s value and return on investment. The 2008 recession caused a significant decline in the birth rate. borrowers owing $1.6 trillion+ in federal student loans.

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The Link Between Talent Acquisition and Quality Ratings

Hireology

In December 2008, The Centers for Medicare and Medicaid Services (CMS) created the Five-Star Quality Rating System in order to provide patients and their families with a simple way to assess the quality of nursing homes. What is the Five-Star Quality Rating System? It takes time, but you can turn things around!

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Laid Off Workers: How to Recruit This Overlooked Talent Pool

Recruiting Daily Advisor

The Great Recession of 2008 may be a thing of the past, but it still has lasting repercussions to this day. Completing a personality or skills assessment would help almost 25% of respondents feel more confident about succeeding if he or she was offered the job. of respondents said they would stop looking for a job once they find one.

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JOB CHANGE OR CAREER CHANGE?

Recruiting Blogs

The first step is to assess the reason — or reasons — why you may desire a change. This can be expressed in either a “thank you” or in your financial compensation.). Both of these can impact your job as company management assesses redundancies in personnel between the two companies. Reasons for a Job or Career Change.

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LinkedIn's Head of TA Shares How Recruiting Teams Can Effectively Navigate Economic Downturns

Linkedin Talent Blog

In 2010, Harvard Business Review published research that examined how companies fared in the aftermath of the 2008 financial crash. For Brendan Browne , LinkedIn’s VP of global talent acquisition, these findings are a great lesson for both business leaders and talent professionals. That’s given us a ton of lift.”.