During a global recession, it may be tempting to freeze hiring completely. While it will save you some amount in the short term, it can also be a big mistake. Employers planning for long-term success hire consistently over long periods. The investment on top talents during tough economic situations can separate you from the competitors and enable you to better serve your customers. Hiring and retaining your best employees will further enable you to attract the best talents, establishing a strong company culture and a reliable hiring strategy.