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JBoy

(8,021 posts) Sat Mar 10, 2012, 02:08 PM Mar 2012

GOP won't like this graph

Companies go through 3 stages when returning to growth mode after a downturn and layoffs:

1. Increase hours of existing workers.
2. Hire temporary employees to pick up some excess.
3. Hire new employees.

The speed with which they get to #3, or if they adopt some blend of all 3 approaches, depends on the business and on their level of confidence for future business volumes.

The numbers don't lie, things are moving in the right direction. It looks to me like it's soon reaching the point where #1 will no longer be an option, and businesses will have to increasing use methods #2 and #3. Welcome news, but not so much for the GOP.

2 replies

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GOP won't like this graph (Original Post) JBoy Mar 2012 OP

I think there's a lot of psychology going into the hiring phase. Old and In the Way Mar 2012 #1

K&R varelse Mar 2012 #2

Old and In the Way

(37,540 posts)

1. I think there's a lot of psychology going into the hiring phase.

Reply to JBoy (Original post)

Sat Mar 10, 2012, 04:40 PM

Mar 2012

As consumer confidence picks up and sales/marketing forecast start to go positive, no company wants to be behind the hiring curve to maximize their sales potential. The pool of available quality candidates starts diminishing and the salary offers start to increase. So a lot of companies will start the process as soon as these indicators begin to go positive..

varelse

(4,062 posts)

2. K&R

Reply to JBoy (Original post)

Sat Mar 10, 2012, 05:14 PM

Mar 2012

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