Snatch Up Laid-Off Workers Now — And Beat The Rush

September 22, 2009
by Jared Bilski
Posted in: In this week's e-newsletter, Leadership

If your company is thinking about snatching up some of the talent that’s been displaced during the recession’s record layoffs, you may want to act soon.
Almost half (48%) of the workers who were laid off from their full-time jobs in the past three months have found new, full-time work — up from 41% in March.
That’s according to a recent CareerBuilder survey of 921 employees who were laid off from full-time jobs within the last 12 months.
Another 3% of laid-off workers found part-time work, which is down from 8%.
The survey also looked at a variety of characteristics of the individuals returning to work and found:
56% were able to negotiate comparable or higher pay for new positions
44% took a pay cut with their new position
38% found work in a different field than they were previously employed in, and
20% found work in a new city or state.
The bottom line: If you’re in a position to add staff, experts say do it now.