Because of the uncertainty in today’s economy and job market, many companies looking to hire may have a greater supply of talent to choose from. But finding candidates with the right skills and experience for your needs isn’t always easy. In addition, hiring costs money, and the current economic climate has many businesses looking to streamline operations and reduce costs.
Wherever possible, it’s ideal to retrain rather than recruit, to build up skills instead of bringing in new staff. But improving internal career development takes more than recognizing that talent drives business success.
