Benefits of Hiring Temps During Uncertain Times
Hiring

Benefits of Hiring Temps During Uncertain Times

When times look rough, it is often helpful to look back for guidance.   In the past few years there has been a major battle for talent. With the post pandemic boom, many experienced exponential growth, which warranted the extra headcount. However, as things settle and in some cases, go backward, we are seeing a […]

September 13th, 2022
*

Abby.

Founder

A search expert making key hires for over twenty years.

When times look rough, it is often helpful to look back for guidance.

 

In the past few years there has been a major battle for talent. With the post pandemic boom, many experienced exponential growth, which warranted the extra headcount. However, as things settle and in some cases, go backward, we are seeing a need to reduce headcount in most companies. It seems uncertain times are with us for the next year at least.

 

So, how do you make hires without risk?

 

Hiring people when times are uncertain can be dangerous for morale. The mere words lay-off and redundancies send people into worry. It could be time to consider which of the open requirements are business critical and which bring the most risk.

 

Ever thought about hiring temps?

 

During the 2008 financial crisis, I worked with many clients to guide their businesses through by supplying temporary and interim workers for business-critical roles. We hired experienced people to undertake roles that required speed and skill for short bursts during peak periods. During downtimes, we removed the headcount to allow our clients to save cash and reduce the need to make redundancies.

 

So, what did our clients focus on in 2008?

 

  • Retaining existing clients is priority #1
  • Exploring opportunities within the current client base is key
  • Collecting payments on time is essential
  • Supporting current employees who may feel stretched is very important

 

Can temps / interim workers support you through the winter?

 

Get in touch to understand more about hiring short-term contractors.

To find out more about how to focus on your brand, get in touch today.
Want to hear about our other articles?
Looking to hire your next superstar?
Keen to explore our latest vacancies?
Yellow Bricks is a female-owned and led executive search firm hiring predominately for software companies with diversity and inclusion at the heart of our offering. To learn more, click here.
Related posts
5 Questions All Leaders Should Be Asking Their Teams

5 Questions All Leaders Should Be Asking Their Teams

70% of employees say their purpose is related to their work.   People who feel their work has purpose are often more satisfied with their professional lives and loyal to companies who advocate for their own lives and careers.   They are 69% less likely to plan to quit their jobs within the next 6 […]
Proposed UK Employment Law Changes and How Employers Can Prepare

Proposed UK Employment Law Changes and How Employers Can Prepare

Following their election in July of this year, the new UK government has pledged to deliver “the biggest upgrade to workers’ rights in a generation”.   A key part of this commitment is the forthcoming Employment Rights Bill, which is expected to be introduced by the end of October 2024. While these changes are not […]
Morning Habits for Success and Why They Work

Morning Habits for Success and Why They Work

What does your morning routine look like? 🌤️ We hear all the time that forming healthy habits in the morning is the key to starting off our day right. But why is that so? We discuss the most helpful morning habits for success and why they work.   Morning Habits for Success #1 – Ditch […]
Helina’s Takeaways from MADFest, London

Helina’s Takeaways from MADFest, London

Last week, I attended MADFest in Shoreditch, London! 🤩 It was a jam-packed day with many amazing brands and speakers joining together to celebrate the world of advertising and marketing! Being new to marketing, it was invaluable for me to be amongst and hear from many senior and experienced marketers.   Here are some of […]
Predictions for Hiring and the Workplace in 2022

Predictions for Hiring and the Workplace in 2022

With 2022 fast approaching, we anticipate how hiring and the workplace will continue to evolve following the effects of a global pandemic and a shift in the way we work 💻   Here are some of our workplace predictions for 2022:   📈 Strategy will be high on the agenda. With the way in which […]
Demystifying Temporary Staff: Your Solution for Talent Challenges

Demystifying Temporary Staff: Your Solution for Talent Challenges

Are you facing talent shortages or pressing project deadlines? Let’s talk about how temporary staff can be the game-changing solution you need. In the UK alone, 1.3 million talented individuals are stepping into temporary roles daily, bringing a wealth of experience and a commitment to delivering high-quality work within tight deadlines. For those who suddenly […]
8 hacks to attract the best talent in 2024

8 hacks to attract the best talent in 2024

Our product is people, which means that we have to evolve constantly.   Staying adaptable and open to change is crucial to navigating the complexities of finding and attracting exceptional talent.   One thing we stand by is that people MUST be treated as people; if you want to attract the best, it takes dedication, […]
How to Run a Successful Recruitment Campaign

How to Run a Successful Recruitment Campaign

Do you struggle to get the people you need to accept your job offers? It’s a common problem and stems from a simple lack of understanding of managing a complex recruitment strategy that, instead of saving you time and money, does the opposite, leaving you with more work than you started with and still no […]
8 Proven Strategies to Accelerate Your Career Growth

8 Proven Strategies to Accelerate Your Career Growth

Reach Your Potential: 8 Actionable Tips for Career Growth Stuck in a rut? Do you feel like your career growth has slowed? You’re not alone, it’s been reported that 60% of employees no longer feel they are reaching their career potential. With a little self-ownership and some proactive effort, you can reignite your career growth […]
When and Why You Should Hire an Interim Contractor

When and Why You Should Hire an Interim Contractor

We have all experienced the effects of a hiring freeze.   Good people are leaving, workload is mounting, and those left behind are feeling overwhelmed.   As a manager, how can you complete the tasks expected from you while maintaining the happiness of your team?   While a hiring freeze puts a stop to engaging […]

Join 2,500+ forward-thinking leaders.

People. Culture. Growth.
Unlock your leadership potential with our biweekly newsletter. No spam, only gold.