FUD - Fear, Uncertainty, Doubt

Fear, uncertainty, and doubt seem to permeate our employment landscape today. However, this new year offers our client companies and candidates a chance to refocus their efforts – perhaps even reinvent themselves.

We know from past recessions that budgets will be cut and tough decisions will have to be made. It varies where the cuts will be made.

There will be new investments. Investing during recessionary times may help a company increase its competitive edge. Ignoring investments will cost even more in the game of “catch up.”

Retaining top talent takes on a new life in a recession. There may not be an endless supply of job openings, but true to history, exceptional workers can always be enticed by something better.

Companies should always be alert to keeping the “BEST” employees on board and attracting the "BEST" new talent. This is a time when experienced companies reach out to placement professionals to find that “one of a kind candidate” who may catapult the organization to greatness.

Posted by: Beverly A. Kahn, Founder / President, New Dimensions in Technology (NDT)