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What HR Professionals Expect to
                                                                   See in 2009 – Year of Uncertainty

    C
                 ompanies are continuing to feel the pressure of fickle oil prices, poor     be overwhelmed by the replies they receive. Professional staffing companies will
                 economic growth, the credit crunch and slow consumer spending on            become increasingly popular as they assist their clients with the management of
                 the economy. Economists predict recovery is unlikely until 2010 at the      large volumes of resumes and conduct interviews and background checks on
     earliest. As a result, businesses are increasingly pressured to do more with less and   their behalf.
     work hard to hang onto top performers. As the economy continues to spin out of
                                                                                             Companies Making the Best of the Worst of
     orbit, what should HR professionals expect to see in 2009?
                                                                                             Times
     Employment Reductions & Increased                                                       Clever companies are already starting to take advantage of these slower times to
     Workforce Anxiety                                                                       strengthen their staff. The downtimes resulting from lower productivity
                                                                                             demands will allow employers the opportunity to motivate employees and
     According to a study conducted by Dice Holdings, it is projected that two-thirds
                                                                                             provide them with ample time to advance their learning through continued
     of companies will cut back on hiring within the first two quarters of 2009.
                                                                                             education and cross training.
     Another one-third of companies see layoffs on the horizon. Areas expected to
     slow the most are gaming and travel industries, pharmaceuticals, technology,
                                                                                             In addition, employers are now looking to add low-cost incentives to retain
     manufacturing and advertising. quot;Employment expectations are down
                                                                                             employees such as company-wide happy hours and athletics leagues, lunches
     substantially,quot; said John Dooney, manager of strategic research for The Society
                                                                                             with principles/company executives, more flexible paid time off and the ability
     for Human Resource Management.
                                                                                             to work from home. Some employers are also hiring back retired employees on a
                                                                                             part time basis. Seasoned professionals have a lot to offer their former employers,
     For companies planning to reduce their work force, many are closely evaluating
                                                                                             as they require little training and their schedules are usually flexible.
     the salaries they pay their talent only holding onto their lowest-paid employees.
     In some cases, this may cause more harm than good. Production demands and
                                                                                             Best Practices for Recruiting in 2009
     service quality may be compromised with the loss of top producers and a reduced
                                                                                             Though the job market is continuing to slow, things aren’t so grim for those
     staff. In addition, those that are paid less may also be motivated less. The use of
                                                                                             doing the hiring. According to the Society for Human Resources Management,
     contingent staffing will be relied on more, as companies weather economic ups
                                                                                             for the first time in years, HR professionals are “having much less difficulty
     and downs, matching a flexible workforce with an elastic economy.
                                                                                             recruiting top candidates for jobs of most strategic importance in their
     Employers must be sensitive to the employees they decide to keep on board,              organizations.”
     focusing on employee retention, especially when the need to keep top performers
                                                                                             Moving into 2009, where should HR professionals focus their recruiting efforts?
     is essential to company survival. Employees’ financial anxiety and insecurity is
                                                                                             How can companies recruit new talent with caution in this time of economic
     rising nationwide with layoffs and the slowdown in wage growth. This may
                                                                                             uncertainty?
     result in reduced productivity and employee morale. Pro-active employers need
                                                                                               1. Carefully Evaluate Quality of Talent: Given companies will be operating
     to show their appreciation for their employees and reignite passion and
                                                                                                  on thin margins, businesses cannot afford to waste time or money
     excitement by challenging them to perform well in an innovative and rewarding
                                                                                                  recruiting the wrong employees.
     manner.
                                                                                               2. Rely on Existing Talent Pool: Why invest precious resources in recruiting
                                                                                                  potential hires when a full talent database already exists? Companies
     Unemployment & Increased Employer
                                                                                                  that leverage the data in their talent management systems will save time
     Selectivity
                                                                                                  and money.
     Employers that are hiring are moving slower and becoming increasingly
                                                                                               3. Maximize Return on Investment: As budgets become increasingly
     selective. Instead of three rounds of interviews there might be twice as many, as
                                                                                                  tighter, careful evaluation of recruiting ROI is essential. Innovative and
     they can be choosier with rising unemployment. Competition to survive
                                                                                                  cost effective recruiting is a must.
     economic uncertainty is fierce and one of the most effective ways to do so will be
                                                                                               4. Minimize Time to Hire: The increase in unemployment will cause an
     to hire and maintain the best talent out there.
                                                                                                  influx in the number of applications received for open positions. Careful
                                                                                                  management of sifting through resumes, interviewing and conducting
     To their benefit, companies will experience a significant increase in the number
                                                                                                  background checks for potential hires will be critical.
     of responses they receive for help wanted ads placed on job boards and in
                                                                                               5. Leverage Staffing Firms: Established, professional staffing firms conduct
     newspapers. A large share of these applications will be for under-qualified and
                                                                                                  thorough screening of candidates, save precious time and money, and
     also over-qualified candidates as the competition for jobs becomes stronger and
                                                                                                  provide the highest quality of talent.
     the unemployed grow more needy for a steady paycheck. Some companies will
                                                                                                                    For additional articles of interest, see prostaff.com.
© 2009. Dobbs Temporary Services, Inc. d/b/a Pro Staff Personnel Services.

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2009 HR Trends

  • 1. What HR Professionals Expect to See in 2009 – Year of Uncertainty C ompanies are continuing to feel the pressure of fickle oil prices, poor be overwhelmed by the replies they receive. Professional staffing companies will economic growth, the credit crunch and slow consumer spending on become increasingly popular as they assist their clients with the management of the economy. Economists predict recovery is unlikely until 2010 at the large volumes of resumes and conduct interviews and background checks on earliest. As a result, businesses are increasingly pressured to do more with less and their behalf. work hard to hang onto top performers. As the economy continues to spin out of Companies Making the Best of the Worst of orbit, what should HR professionals expect to see in 2009? Times Employment Reductions & Increased Clever companies are already starting to take advantage of these slower times to Workforce Anxiety strengthen their staff. The downtimes resulting from lower productivity demands will allow employers the opportunity to motivate employees and According to a study conducted by Dice Holdings, it is projected that two-thirds provide them with ample time to advance their learning through continued of companies will cut back on hiring within the first two quarters of 2009. education and cross training. Another one-third of companies see layoffs on the horizon. Areas expected to slow the most are gaming and travel industries, pharmaceuticals, technology, In addition, employers are now looking to add low-cost incentives to retain manufacturing and advertising. quot;Employment expectations are down employees such as company-wide happy hours and athletics leagues, lunches substantially,quot; said John Dooney, manager of strategic research for The Society with principles/company executives, more flexible paid time off and the ability for Human Resource Management. to work from home. Some employers are also hiring back retired employees on a part time basis. Seasoned professionals have a lot to offer their former employers, For companies planning to reduce their work force, many are closely evaluating as they require little training and their schedules are usually flexible. the salaries they pay their talent only holding onto their lowest-paid employees. In some cases, this may cause more harm than good. Production demands and Best Practices for Recruiting in 2009 service quality may be compromised with the loss of top producers and a reduced Though the job market is continuing to slow, things aren’t so grim for those staff. In addition, those that are paid less may also be motivated less. The use of doing the hiring. According to the Society for Human Resources Management, contingent staffing will be relied on more, as companies weather economic ups for the first time in years, HR professionals are “having much less difficulty and downs, matching a flexible workforce with an elastic economy. recruiting top candidates for jobs of most strategic importance in their Employers must be sensitive to the employees they decide to keep on board, organizations.” focusing on employee retention, especially when the need to keep top performers Moving into 2009, where should HR professionals focus their recruiting efforts? is essential to company survival. Employees’ financial anxiety and insecurity is How can companies recruit new talent with caution in this time of economic rising nationwide with layoffs and the slowdown in wage growth. This may uncertainty? result in reduced productivity and employee morale. Pro-active employers need 1. Carefully Evaluate Quality of Talent: Given companies will be operating to show their appreciation for their employees and reignite passion and on thin margins, businesses cannot afford to waste time or money excitement by challenging them to perform well in an innovative and rewarding recruiting the wrong employees. manner. 2. Rely on Existing Talent Pool: Why invest precious resources in recruiting potential hires when a full talent database already exists? Companies Unemployment & Increased Employer that leverage the data in their talent management systems will save time Selectivity and money. Employers that are hiring are moving slower and becoming increasingly 3. Maximize Return on Investment: As budgets become increasingly selective. Instead of three rounds of interviews there might be twice as many, as tighter, careful evaluation of recruiting ROI is essential. Innovative and they can be choosier with rising unemployment. Competition to survive cost effective recruiting is a must. economic uncertainty is fierce and one of the most effective ways to do so will be 4. Minimize Time to Hire: The increase in unemployment will cause an to hire and maintain the best talent out there. influx in the number of applications received for open positions. Careful management of sifting through resumes, interviewing and conducting To their benefit, companies will experience a significant increase in the number background checks for potential hires will be critical. of responses they receive for help wanted ads placed on job boards and in 5. Leverage Staffing Firms: Established, professional staffing firms conduct newspapers. A large share of these applications will be for under-qualified and thorough screening of candidates, save precious time and money, and also over-qualified candidates as the competition for jobs becomes stronger and provide the highest quality of talent. the unemployed grow more needy for a steady paycheck. Some companies will For additional articles of interest, see prostaff.com. © 2009. Dobbs Temporary Services, Inc. d/b/a Pro Staff Personnel Services.