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HR Professionals

 
Started by : Shishir Mishra, Senior Consultant, Hewitt Associates   12 05 2008 08:15:31 +0000
Industry : Human Resources (HR) ConsultingFunctional Area : Talent Management(People Management)
Activity:  14 views;  last activity : 07 06 2010 20:18:09 +0000

What do you think will be effects of recession, economic downturn on recruiting ?

How the Economic Downturn Affects Recruiting ?

 
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1 Negotiation in pay

Negotiation in pay

idea posted by Shishir Mishra Senior Consultant, Hewitt Associates

I think during the economic downturn we will see more candidates will be more open to negotiating pay.

Candidates are negotiating pay, as they know where the market is going during this recession.Many will realize that a long term contract with low pay is better than doing nothing.

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