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Thinking positive in a down economy

January 8th, 2009 1 comment

I’m one that understands that the current economy affects many and therefore is a topic at the top of any news editor’s assignment board. We see story after story of how companies and lives are crumbling due to the decrease in consumer confidence, decrease in spending, credit not as freely available as it once was and a multitude of other factors.

I’d like to thank Safari Solutions, an Indianapolis based human resources firm, for publishing an email newsletter today that takes a different angle on today’s circumstances. The topics in the newsletter include “5 Benefits of Hiring in a Down Economy” along with “Low Cost Strategies for Hiring in a Down Economy.”

Ann Clifford, President, writes:
A tough economy presents opportunities for companies to hire top talent. Investing in “A” players can increase revenues, productivity, and profits. Doing business as usual with existing “B” players may not. Below are tips for taking a proactive stance in a sluggish economy!

Ron Giles, HR Consultant, continues:
Business owners may be fearful or hesitant to recruit during an economic downturn. However, if a sluggish economy is affecting your business, hiring top talent may energize your company and give you a competitive advantage when the market turns around. Benefits to hiring during a downturn include:

  • Larger pool of higher quality candidates.
  • Industry talent available from competitor closings.
  • Top performers available at affordable salaries.
  • Top talent may position your company to excel when the market improves.
  • Business owners can focus on high impact activities by delegating to proven performers.

Now isn’t that refreshing?

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