Consultants Learn to Weather Bad Economic Times
“In recent weeks, several of my long-term subcontractors have contacted me to learn of any new contract work that’s available for them to do,” says Regan of APPSYS. “Quite simply, they need work and don’t have any”. “They’re considering returning to full-time job employment because their business is nonexistent right now,” “I think a lot of sole practitioners are hurting in this economy,” The declining economy is certain to impact the livelihoods of HR consultants. But, will that impact be good or bad? On the one hand, companies might be looking to outsource activities to control internal staffing costs. On the other hand, they might be cutting back on expenses. While employers are cutting back and closely monitoring operations, there is a strong trend toward companies investing in programs that assist in hiring/retention efforts. Many are turning to experts who can provide counsel and assistance in hiring, on boarding and retention to help ensure that new hires will be capable, dedica...