Why NOW is the Best Time to Invest in Talent | Michael Bitar Insights
As many businesses are cutting costs, a unique window of opportunity emerges. Michael Bitar, Partner at Protis Global, explains the advantages of how hiring can strategically position a company to gain a larger market share. By hiring in times of downturn, a brand can:
-
Prepare for Future Demand - While cutting headcount saves on salaries, it leaves companies understaffed when business picks up, ultimately leading to lost revenue.
-
Attract Top Talent - With big tech companies scaling back their oversized compensation packages and signing bonuses, smaller organizations now have the opportunity to attract top talent that was previously out of reach.
-
Gain Market Share - Having the right talent in place will allow a company to seize the opportunity to efficiently capture market share from competitors.