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
UK Labour Market Trends: What you need to know

UK Labour Market Trends: What you need to know

Overview of the Current Labour Market The UK labour market is experiencing a notable shift. While still robust compared to pre-pandemic levels, job vacancies and employment are declining. This cooling trend, evident in recent ONS data, signifies a changing landscape for employers and job seekers.   Employment and Unemployment Trends The employment rate declined to […]
AI-generated fake job applications

AI-generated fake job applications

Tackling Fake Applications: Streamlining Your Recruitment Process for Genuine Candidates In today’s fast-paced hiring landscape, the rise of AI-generated fake job applications poses a significant hurdle for recruiters and hiring managers. These fraudulent submissions not only clutter your recruitment process but also drain valuable time and resources that could be directed toward finding genuine candidates. […]
Yellow Bricks – Unlocking Success with Executive Search Headhunters

Yellow Bricks – Unlocking Success with Executive Search Headhunters

Our boutique executive search agency specialises in providing seamless head hunter talent solutions. We identify and attract the best candidates to help you grow your business
UK employment law changes

UK employment law changes

UK Employment Law Changes: What Businesses Need to Know Labour’s proposed UK employment law changes have been described as a “once-in-a-generation” shift that will significantly impact employers and employees across the country. These reforms aim to strengthen workers’ rights from day one of employment, with major updates to sick pay, maternity leave, and unfair dismissal […]
7 basic interview tips to stand out and get the job

7 basic interview tips to stand out and get the job

Have you got an interview coming up?   Has it been a while?   We have plenty of interview tips to get you started with your preparation.   Attending an interview can be a daunting feeling. Read on to discover our top tips to show your best side during an interview.   As soon as […]
5 Ways to Craft a Stellar Onboarding Experience

5 Ways to Craft a Stellar Onboarding Experience

We’ve all heard the saying, “You never get a second chance to make a first impression.” It’s especially true when it comes to new hires. Their initial experience with your company sets the tone for their entire employment journey.   The stakes are high when it comes to onboarding. A recent survey revealed that only […]
What makes a great leader in 2024?

What makes a great leader in 2024?

The business world is constantly changing, and so are the qualities needed to succeed as a leader. If you aspire to a senior leadership role in 2024, you’re in the right place. We understand that navigating your career can be tough. As a talent search firm partnering with leading companies, we have insights to share […]
Recruitment Assessment Made Easy: How to interview for success

Recruitment Assessment Made Easy: How to interview for success

Hiring for your Team – Getting it right the first time is a critical part of your role Recruitment made easy Many people find the important task of hiring overwhelming. One poor decision could lead to costly errors and wasted time, which might risk your team’s achieving its goals, leaving you exposed. As a dedicated […]
The Metaverse

The Metaverse

The internet, as we know it, is a 2D world in which a range of information and entertainment is instantly accessible. Despite these extraordinary capabilities, the tech world seeks further growth and expansion. The focus has turned towards creating:   ‘The Metaverse’ 🌍 The Metaverse would allow for a more immersive digital experience by turning […]
First Interview Fails: The Mistakes Costing You A-Players

First Interview Fails: The Mistakes Costing You A-Players

How to Make Candidates Feel Valued – From That Crucial First Hello The hiring landscape has shifted. We’re no longer solely in an employer’s market. Savvy candidates have choices, carefully selecting opportunities that align with their career aspirations. This well-needed rebalancing underscores a fundamental truth: the initial interview isn’t just about you evaluating talent; it’s […]

Join 2,500+ forward-thinking leaders.

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