Purchase Solution

Counter Cyclical Hiring

Not what you're looking for?

Ask Custom Question

What are the pros and cons of counter cyclical hiring and under what circumstance would you recommend using it to staff an organization

Purchase this Solution
Solution Summary

The pros and cons of counter cyclical hiring are determined. Under what circumstance would the expert recommend using it to staff an organization are given.

Solution Preview

Running Head: HR MANAGEMENT

Countercyclical Hiring: Pros & Cons

Countercyclical Hiring
Countercyclical hiring can be explained as the hiring or staffing strategy that is followed by the companies in order to obtain bargains in its key managerial and professional positions by recruiting and hiring them during the economic downturns. This strategy is pursued at a limited extent. The hiring in economic downturns helps to develop a labor competitive advantage for the organization. This strategy is based on the rational that companies should invest in human resources before there is a requirement within the organization. The hiring process in economic downturn is also performed on the basis that the services of these highly skilled professional would be required in the future (Fisher, Schoenfeldt & Shaw, 2008). The countercyclical hiring also helps to backlog human resource for the future needs.
Pros & Cons of Countercyclical Hiring
The countercyclical hiring provides several ...

Purchase this Solution
Free BrainMass Quizzes
SWOT

This quiz will test your understanding of the SWOT analysis, including terms, concepts, uses, advantages, and process.

Change and Resistance within Organizations

This quiz intended to help students understand change and resistance in organizations

Production and cost theory

Understanding production and cost phenomena will permit firms to make wise decisions concerning output volume.

Introduction to Finance

This quiz test introductory finance topics.

Transformational Leadership

This quiz covers the topic of transformational leadership. Specifically, this quiz covers the theories proposed by James MacGregor Burns and Bernard Bass. Students familiar with transformational leadership should easily be able to answer the questions detailed below.

View More Free Quizzes
Related BrainMass Solutions

  • Negative Correlation Coefficients

    Two stocks may be positively correlated because both are cyclical, while two other stocks may be negatively correlated because one is cyclical and the other counter-cyclical.

  • Keynesian theory

    But a point to note is Keynesian theory never said that governments should always spend a lot, but that it should follow a counter-cyclical policy, that is it should increase spending in recessions and reduce spending in expansions.

  • Economic Indicators for Walmart

    The three types of unemployment are structural unemployment, frictional unemployment and cyclical unemployment. The employment type that would affect our firm would be cyclical unemployment.

  • Economic student guide

    Pick the correct statement: a) Diminishing returns set in with the hiring of the fourth worker. b) Diminishing returns set in with the hiring of the fifth worker. c) Diminishing returns set in with the hiring of the six worker.

  • To hire or not to hire fat Cindy

    I would also tell her that the hiring for the job came down her and the other applicant, who just had a little more experience than she did.

  • Optimal capital structure for firms in cyclical industries

    348050 Optimal capital structure for firms in cyclical industries The optimal capital structure for firms in cyclical industries should contain _______debt than firms in stable industries.

  • Economics: Cyclical Vs. Structural

    d) Cyclical, this is an economic issue, not a mismatching of skills. e) Cyclical, this is also an economic issue, and this is more specifically a global economic issue.

  • Cyclical VS Seasonal Methods in Forecasting

    547171 Cyclical vs Seasonal Methods in Forecasting Cyclical and seasonal methods in forecasting: Which is more complicated to apply - cyclical or seasonal and why?

  • John Maynard Keynes

    Through the 1950s, moderate degrees of government demand leading industrial development, and use of fiscal and monetary counter-cyclical policies continued, and reached a peak in the 1960s, where it seemed to many Keynesians that prosperity was now permanent

View More Related Solutions