As pink slips pile up nationwide, hiring may seem like a risky — or downright foolish — move for employers. Yet, according to many career counseling experts, if you can afford to, now is a great time to augment your staff.
“A lot of great people have been laid off through no fault of their own,” explains executive coach Marshall Goldsmith. “These are great people who worked for companies who have had massive problems,” he says.
He urges companies to look to this labor pool, if not for new hires than to replace their own inefficient workers. As unemployment climbs, he says, the incentives to hire those star-players only increase. “Salary expectations are lower and gratefulness is higher,” says Goldsmith.
Photo by Evan Bayh.