Finally, we are approaching a point in this COVID-19 crisis when we can see some light at the end of the tunnel. Our social and economic society is seriously impacted by this crisis. At least now, most states are allowing their businesses to reopen with limited capacity, and everyone is wondering what the new normal will look like. Many think we are off to a slow start bringing our economy back to life. While some businesses have been able to sustain themselves during these rough times through financial reserves and federal aids, other businesses have been less fortunate.
Life lessons teach us positive comes with the negative. In a recent TrainerTainment Peer Talk, one FEC owner reported that in his trade area alone, there were 8,000 employees in the hospitality and FEC industry laid off, and only 6,000 were projected to be needed for reopening. The other 2,000 employees will be out of work for good and will have to look for new employment. So, where’s the positive in the fact that 25% of people have lost their job in this area?
The positive is that there is a tremendous talent with highly skilled and experienced people out there, waiting to get back into the workforce. Businesses can draw from a pool of job seekers who know the tools of their trade, who are self-starters, and who are ready to jump in to drive the business forward right after their orientation session. They are bursting with energy to showcase their talent and reach their full potential as soon as they get the opportunity to do so.
“They make more money on unemployment than working.” This is a statement often said lately. As a recruiter, I disagree with this statement for two reasons: First, unemployment is only temporary, and soon these individuals will be back on the job market seeking employment. Second, those who are hungry for work would rather work for a paycheck than collect unemployment. They have already posted their resumes on the recruiting sites. They are ready to be hired. Businesses right now have a huge opportunity to tap into this pool of talented, experienced, and highly skilled individuals who are looking for work.
As has been shared on Peer Talk many times, business owners feel this is an opportunity to restart their business, to operate it better than they did before this crisis started. To be better, we need the right people who can get us there. Can you think of a better way to restart your business than through building a new team, a stronger team – a team of superstars?