RPO ACADEMY FIRM DIRECTORY
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Talent pipeline readiness during a recession

By Tim Plamondon Thu, Jul 16,2020 @ AM

Why Building Your Talent Pipeline During an Economic Downturn is Good for Your Business.

Along with a giant cloud of unknowing, the coronavirus-induced recession has created a new work routine for industries and societies. Workers and companies found themselves adjusting to remote work and work-from-home (WFH).

Once the economy starts bouncing back and businesses reopen, companies need to be ready to begin hiring. 

According to a recent WilsonHCG study, 71 percent of surveyed business leaders expect to begin hiring in the 3rd and 4th quarters of this year. Sixty-three percent of HR and TA professionals surveyed said that their teams are getting ready to start hiring. 

Part of the hiring readiness should be a talent pipeline readiness. To that end, a candidate-centric pipeline is what Best-in-Class companies adopt, according to Aberdeen's analyst, Zach Chertok. Aberdeen's data also shows that a recruitment process outsourcing (RPO) partner is best suited to creating a continuously populated pipeline.

Topics: recruitment process outsourcing, talent acquisition, recruiting strategy, recruiting best practices