Leading international recruitment agency Vertex is warning clients to be wary of the effects and commercial consequences which employers need to consider when reducing staff numbers.
They warn that businesses run the risk of leaving themselves seriously short of appropriately qualified staff when economic conditions improve and that clients need to consider their longer term reputation for such time when it needs to hire again.
Having seen a significant upturn in the market the struggle for talent is not that far off and clients need to position themselves to hire the best available talent once this happens.
Keith Jeffcoat, IT Recruitment Expert at Vertex added, “Employer brand perception is often one of the first things that takes a back seat during a recession but a short sighted approach will not bear fruit in the longer term. It’s the old adage that when people are treated badly they tell many people and tend not to forget and that coupled with the fact that they may one day be in a position to have an effect on your business needs to be taken into account. Coldly dropping the axe has far reaching consequences that will be felt long after your immediate problems have subsided. Instead of planning for one consistent, long, downward spiral with associated layoffs and hiring freezes, organizations will need to prepare for spurts of growth and continuous hiring in some areas freezing others. Some might call these actions “right-sizing” the workforce, but that would imply that organizations are much better at forecasting and workforce planning than most actually are. The effect of long-term hiring freezes is particularly damaging to the recruiting function, because ‘no hiring’ generally means that a majority of recruiters will be laid off. Historically, budgets for recruiting have been cut so low that the function is literally decimated, making it rather difficult for companies to resurrect a decent function when the economy swings up.”
About Vertex
Vertex has been at the forefront of I.T. Recruitment for over 10 years. Our consultant’s knowledge has been developed along with our database since the late 1990’s. Over the past decade we have made it our goal to build up a huge amount of knowledge from customers and consultants around the business issues and development requirements involved when enhancing I.T. systems. Whether it is Microsoft, Oracle, Java, or related B.I. technologies or enhancing business processes. We are corporate members of REC and individual members of the Institute of Recruitment Professionals. We provide Contract and Permanent resources across the EMEA region for the full lifecycle of any project and maintenance thereafter.
For more information and latest vacancies please visit http://www.vertex-it-solutions.com
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