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WHEN
RECESSIONARY
TIMES
IMPACT YOUR BUSINESS
Facing a recession is difficult
enough without having to deal with layoffs, outplacement and
potentially a tarnished company reputation! Given what it costs
to hire professional IT talent take a moment and ask yourself
why incur those costs when a probability exists that you will
have to lay the person off.
The cost to your business can�t be measured
just in dollars (cost of hire, unemployment insurance increases,
outplacement service fees, etc.) although that cost is sizable.
The much bigger costs are incurred living through the impact
of the decision made to downsize: turnover of the staff that
you need to keep because they are scared, the increased difficulty
to hire new talent because of the tarnished reputation and the
lack of productivity & emotional costs incurred by all those
employees who have to defend the reduction-in-force for years
in the future.
When measured against hiring, choosing consulting
in a recessionary economic time eliminates immediate costs of
hiring, improves efficiency, saves long term dollars and gives
much greater flexibility to your business.
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