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
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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.
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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.
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