When the going gets tough, it’s tempting to pull together and grit your teeth and bear it. But that doesn’t make the hard times any easier. A layoff — also called a job loss or a mass termination — can feel like an attack on your very existence as you stand there, watching your coworkers walk out the door one by one, wondering how you’ll ever get through this again. Remember that while being laid off is never fun, it is ultimately a temporary thing. You will get through this — and come out stronger than before. Here are a few things you need to do after a layoff so that you can move forward with new energy and enthusiasm.

Stay Educated

The first few weeks after a layoff will be a time when you’re going to want to pull away from the world a little. You’re going to want to stop reading about business for a while, and you’re going to want to stop thinking about how you’re going to support yourself. But you cannot do that. Even if it feels like the whole world has turned away from you, you have to keep busy with new things. You have to keep learning. You don’t have to do it all at once, but you do have to find a new way to keep yourself busy. You’re going to have a lot of time in your new life to catch up on reading, and you’re going to have a lot of time to study and learn new things. You might not be able to pick up a new profession right away, but you can pick up a new passion. You can learn to love something new in the world, something that you never loved before but that now has a new purpose. And that new way to keep yourself busy will give you something to look forward to when you feel like you need some escape from the world.

Find A New Job Immediately

When you’re ready to start looking at new careers, you have to do it right away. You have to be prepared to move forward immediately with a new job, even if that means taking on odd jobs or doing freelance work until you can find something official. You don’t have all the time in the world to get a full-time job when you’re eight months out of work, but you also don’t have all the time in the world to let yourself sit and mope. If you can find a way to keep busy and find a way to make some money, you will be able to pay your bills and get back on track with your life.

Spend Time With Friends and Family

You won’t have many friends in your new life, and you may even feel like family is slipping away. So you’ll want to make sure to spend as much time with them as possible before you move on. You don’t have to do it all at once, but you do have to find a new way to make time for the people you care about. You can do that by finding a new way to spend your free time. You can join a hobby you never had time for before, or you can pick up a new sport. You can take up a new pastime that will help you make time for the people in your life.

Eat, Sleep, and Bathe

When you’re trying to stay busy and put a new life together, you’re going to have to eat something. You can’t survive on a diet of hope and optimism, and you’re going to have to start making some real changes in your life. One of those changes is going to be in your diet. When you’re used to eating three meals a day and a snack every few hours, the idea of cutting back on your food intake is going to be daunting. You can’t do it all at once, but you can start small. Every day, you can eat a few fewer bites of food. Every week, you can cut back on a drink. And every month, you can cut a meal back in your diet. It won’t feel like you’ve changed anything at all, but you will have.

Exercise and Organize Yourself

When you’re trying to move forward with a new life after a layoff, you’re going to have to find a way to keep yourself busy and your mind off of the things that have gone wrong. You’re going to have to find a new way to push yourself and meet new challenges. You can do that in your free time. You can do it while you’re waiting in line at the grocery store or sitting in a doctor’s office. You can do it when you’re watching television. You can do it when you’re stuck in traffic. There are a million ways to find your new challenges and challenges yourself.

Never Stop Learning

You may feel like you’ve lost everything you knew about your job and the world because you can’t do it anymore, but you haven’t. You’ve lost what you knew about one particular job, one particular industry, and one particular world. Those things are still there. What has changed is your perspective on them. You are still learning, even if you’re learning how to learn in a new way. You will always be learning in a new world. You will always be learning new skills. You will always be learning new passions. You will always be learning new ways to challenge yourself and meet new challenges. You will always be learning. That’s the great thing about being alive. You’ll never stop learning.

Conclusion

When the going gets tough, it’s tempting to pull together and grit your teeth and bear it. But that doesn’t make the hard times any easier. A layoff — also called a job loss or a mass termination — can feel like an attack on your very existence as you stand there, watching your coworkers walk out the door one by one, wondering how you’ll ever get through this again. Keep in mind that while being laid off is never fun, it is ultimately a temporary thing. You will get through this — and come out stronger than before. Here are a few things you need to do after a layoff so that you can move forward with new energy and enthusiasm. Pragna team has been helping candidates in finding roles and also providing career counseling to those who lost their jobs. With the help of our global RPO teams, we have been successful in finding suitable roles for several candidates.

Today, more and more organizations are embracing a four-day workweek in order to improve employee engagement, increase productivity, and reduce costs. In fact, more than 60% of US companies plan to adopt a four-day workweek in the next three to five years.

Before you get excited about working fewer hours and spending less time at the office, know that the shift from Monday through Friday to a four-week schedule can prove challenging for some employees. Here’s why adopting a four-day work week is so controversial — and what you need to know before making the change.

what are four days work week?

In the future, employees will work four days a week and use their fifth day off. This schedule is becoming more and more common in Europe, the Middle East, and Africa (EMEA) – especially in countries where Friday is considered a day of rest. With more people wanting to try out a four-day workweek, companies should be prepared for the shift.

While it’s unclear whether the trend will catch on in the United States, we can potentially expect more companies to start offering four-day work weeks. In the future, employees will work four days a week and use their fifth day off. we can potentially expect more companies to start offering four-day work weeks.

what went wrong with 5 days work week

For a long time, the five-day workweek was seen as the way to go. With the rise of smartphones, people no longer needed to be available to the office on a set schedule. It was thought that people could be more productive and receive higher salaries with a set schedule that allowed for more (but shorter) work hours.

However, research has shown that this model was flawed. More than 40% of employees felt stressed or overworked by the five-day workweek, and it was found that companies were not able to generate more income or productivity from the additional time.

More and more companies have understood the truth behind the five-day workweek and have decided to bring work back to the traditional Monday-to-Friday schedule. By doing so, they’ve been able to increase employee engagement and reduce stress — while still allowing some flexibility if employees require it.

how is the US big four companies responsible for the new trend?

When companies began to understand the negative aspects of the five-day workweek, they decided to take matters into their own hands. Rather than waiting for the trend to change, they started experimenting with a four-day workweek in order to see if it yielded any benefits.

Some of the world’s leading companies have adopted a four-day workweek, including Netflix, Facebook, and Google. By doing so, these companies have been able to increase productivity and save money — without decreasing the amount of vacation time that their employees receive.

can the company generate more income and productivity from 4 days of work?

While the four-day workweek is not a magic bullet to solve all of the company’s problems, it is a helpful tool. By shortening the work week, companies can save on a variety of costs, including salary, benefits, and vacation time.

If a company implements a four-day workweek, it should examine its business model and determine if the change is necessary. If it is, the company should assess if and how it will be able to generate more income and productivity from the additional time.

Merits and Demerits of 4 day work week

The research on the four-day workweek is positive. By shortening the work week, companies can save on a variety of costs, including salary, benefits, and vacation time.

Here are the benefits:-

Cost Savings

About 55% of respondents to a survey of company executives on the four-day workweek’s cost-effectiveness claimed cost reductions. These monies cover transportation costs as well as building rent. A little over two-thirds of respondents also mentioned higher staff productivity.

Immediately, switching to a four-day workweek reduces variable overhead costs like power and energy use by 25%. The US Energy Information Association estimates that in 2018, the average monthly cost of business power was $700. A 25% expense reduction would result in savings.

Less Downtime

Employees might arrange personal needs on that extra day off during regular company hours or work as freelancers. As a consequence, they are able to vacation or work as freelancers for their clients on their customary day off without missing any work. The same poll finds that 62% of corporate leaders say fewer sick days are being taken.

Increased Productivity

According to a study, a four-day workweek could increase productivity as some companies implement 12 hours of the working day, due to this there will be better productivity, output, and employee satisfaction.

Demerits:- 

Scheduling Conflicts

Salaried employees working constrained time schedules, such as four days of 10 hours each, should be expected to function and produce at a standard level.

Hourly employees who adhere to this schedule, however, run the danger of receiving overtime compensation if they are required to report to work on their regularly scheduled day off.

Once workers have put in eight hours in a shift, several states mandate overtime. These non-exempt workers may get 8 hours of overtime compensation per week if their workweek is reduced to 4 10-hour days. To minimize the expense of overtime, you’ll need to be cautious while scheduling.

Added stress
Whether or not hours are shortened, a 4-day work week has a variety of drawbacks. People can only focus and work productively for a certain amount of time during 10-hour workdays before diminishing returns start to occur. A timetable that is overclocked is also a fast track to burnout.

Might not work for every employee

 If a company implements a four-day workweek, it should examine its business model and determine if the change is necessary. If it is, the company should assess if and how it will be able to generate more income and productivity from the additional time.

While the research on the four-day workweek is positive, it’s not all roses. The schedule is not for everyone, and it can be challenging for some employees. If a company implements a four-day workweek, it should examine its business model and determine if the change is necessary. If it is, the company should assess if and how it will be able to generate more income and productivity from the additional time.

what is the response of employees on four days work week?

Researchers found that employees felt less stressed and received more vacation time when implementing a four-day workweek. In addition, employees were more engaged at work, boosted their productivity, and took pride in their jobs. Overall, employees were interested in the four-day workweek, with more than two-thirds reported being open to the idea.

If a company has been looking at the possibility of instituting a four-day workweek, it would make sense for employees to be open to the idea because it means an improved work-life balance.

Feedback on 4 day work week implemented by companies

A lot of companies have implemented a 4 or 5-day work week in recent years. It’s a new way of thinking about work, and most people are not used to it. While there are challenges, there are also many benefits to a shorter work week, including lower stress levels and a better work-life balance.

One of the biggest challenges for companies is finding a way to boost employee engagement and engagement levels without lower productivity. That means the 4-day work week needs to be implemented carefully, and companies need to use it as a test to see how their employees respond.

The world is rapidly changing, and now more than ever, businesses are looking for ways to keep up with the times. The metaverse hiring is the latest buzzword in the recruitment and staffing industry, promising to revolutionize the way companies hire and manage their workforce.

But what is the metaverse hiring, and how can companies use it to hire and retain top talent? In this article, we’ll explore the concept of the metaverse and how companies can leverage it to find and hire the best candidates for their business.

What is metaverse?

The metaverse is a virtual world where users can connect, interact, and do business. It is the latest evolution on the internet of things, allowing people to interact with each other in a virtual environment. 

The metaverse consists of 3D virtual spaces, where users can access content, services, and other resources. It is a virtual world that can be accessed from any device, and it is becoming increasingly popular with businesses and individuals alike.

The metaverse is not just a place where people can meet and interact; it is also a platform for businesses to find new employees. Companies are now looking to the metaverse to find and hire the best talent for their business. The metaverse provides a platform for companies to find and recruit candidates in a more efficient and cost-effective way.

Does Metaverse Hiring make Recruitment easier?

The metaverse can make the recruitment process much easier for companies. It can provide a platform for companies to find, connect, and interact with potential candidates. Companies can use the metaverse to search for qualified candidates, filter out potential candidates, and communicate with them in real time.

The metaverse also provides a platform for companies to showcase their job postings, allowing potential candidates to quickly and easily find the right job for them. Companies can also use the metaverse to create virtual job fairs, which can be a great way to connect with potential candidates.

The metaverse can also provide a platform for companies to conduct virtual interviews. Companies can use the metaverse to conduct video interviews with potential candidates, allowing them to assess their skills and abilities in real time. This can help companies make quicker hiring decisions, as well as reduce costs associated with traditional recruitment methods.

Advantages of hiring candidates through the metaverse

                             There are several advantages of hiring candidates through the metaverse. 

1. Quick and easy

To recruit from a larger pool of candidates, and it also allows them to quickly and easily connect with potential candidates. 

 2. Save time and money.

 metaverse can also help companies save time and money, as it eliminates the need for costly and time-consuming recruitment methods.

3. Platform for companies

The metaverse also provides a platform for companies to showcase their job postings, allowing potential candidates to quickly and easily find the right job for them. Companies can also use the metaverse to create virtual job fairs, which can be a great way to connect with potential candidates.

4. Virtual Interviews. 

Finally, the metaverse provides a platform for companies to conduct virtual interviews. Companies can use the metaverse to conduct video interviews with potential candidates, allowing them to assess their skills and abilities in real-time. This can help companies make quicker hiring decisions, as well as reduce costs associated with traditional recruitment methods.

Metaverse is the future?

The metaverse is quickly becoming the future of recruitment and staffing. Companies are now looking to the metaverse to find and hire the best talent for their business. It provides a platform for companies to find and recruit candidates in a more efficient and cost-effective way.

The metaverse also provides a platform for companies to showcase their job postings, allowing potential candidates to quickly and easily find the right job for them. Companies can also use the metaverse to create virtual job fairs, which can be a great way to connect with potential candidates.

Finally, the metaverse provides a platform for companies to conduct virtual interviews. Companies can use the metaverse to conduct video interviews with potential candidates, allowing them to assess their skills and abilities in real-time. This can help companies make quicker hiring decisions, as well as reduce costs associated with traditional recruitment methods.

The metaverse is quickly becoming the future of recruitment and staffing, and companies are starting to take notice. Companies are now using the metaverse to find and hire the best candidates for their businesses. 

It is an exciting time for recruitment and staffing, and the metaverse is sure to revolutionize the way companies hire and manage their workforce.

Do you want to find out how you can use the metaverse to find and hire the best candidates for your business? Reach out to one of our recruitment and staffing experts today to learn more about the metaverse and how it can help your business find and hire the best talent.

Conclusion:-

 The metaverse offers practically limitless potential to the recruitment sector. These entail creating an innovation infrastructure that will connect and engage companies and applicants. 

Although it may be advantageous to hire candidates quickly, the technology currently in use needs to be updated, and the majority of businesses—such as Amazon and Meta—are doing excellent work of it. It will require some time before business owners decide to invest in this technology, but the metaverse is the future of hiring.

Introduction

Recently, it seems like recruiting layoffs are the only topic making headlines in tech news.

Any HR professional may find the word “recruiting layoffs” frightening. It implies that a portion of your personnel will leave your organization. 

As an HR professional, it is crucial that you make sure you are equipped to deal with a mass layoff and keep your surviving staff.

How crises affect Hiring

When there is a crisis, employment doesn’t necessarily halt; in fact, for some organizations, it actually increases. While others struggle, your firm may grow when a crisis sparks a spike in demand or offers a special opportunity for your goods or services.

Or perhaps a crisis affected your company, but it is currently in a recovery phase. For instance, you might have weathered the storm and be prepared to employ after recruiting layoffs, or you might have changed the focus of your company and require personnel to support the change.

Whatever the state of your business, a crisis won’t necessarily alter the foundations of the employment procedure. Instead, hiring managers’ and job candidates’ mindsets frequently change during a crisis.

Hiring managers pay close attention to how a new worker will advance the company in the future.

In light of all that happened during the crisis, their objective is to find the person who best exemplifies the needed set of abilities and will contribute the greatest value to an organization.

Here are three practical suggestions to help you stand out from the competition when hiring top tech talent while considering recruitment in the middle of recruiting layoffs.

Now let’s get started.

Techniques to Find and Hire Top Talent During Recruiting Layoffs

1. Reorient the attention from the value offered to the numbers.

Most computer jobseekers already anticipate the substantial compensation that the bulk of IT roles have to offer while hunting for employment.

These typically cost six digits or more. So they are unaffected by a flashy salary.

However, candidates nowadays are less likely to accept a job offer based solely on the promise of competitive pay, especially given that the current labor shortage provides them ample room to demand better terms from a position.

Nowadays, skilled jobseekers can prefer to work for companies that put their employees first, provide stability, and value dedication and loyalty. They are less susceptible to being enchanted by famous people and lavish wage offers.

To stand out in the crowded employment market, this is precisely what you need to promote in your job postings. Instead of just stating the numbers on the paycheck, your job postings need to be more sympathetic and address this request.

A fancy salary may appear appealing at first, but it won’t matter if the employee is always concerned about being fired. Stronger incentives include long-term growth and a sense of employment security.

Therefore, if your client has anything to give that can be valuable to prospects, be sure to emphasize it in your job adverts much beyond income.

By doing this, you’ll have a much higher chance of attracting top individuals who are looking for companies prepared to invest in their futures, rather than the other way around.

2. Try a novel and creative approach

It’s time to abandon antiquated and ineffective hiring procedures. For instance, a prestigious school or previous employers aren’t always the best gauges of a candidate’s abilities and success.

It is no longer acceptable to judge someone’s aptitude based on which of the top 20 universities they attended. Graduates of coding boot camps and participants in apprenticeship programs are currently performing remarkably well on the job market.

An engineer who can produce high-quality code right away is a valuable asset, and it would be a mistake to reject someone based solely on their educational background.

The tech sector in particular has made diversity hiring a prominent topic, and many businesses are vying to hire a more diverse workforce.

Recognizing that exceptional applicants will come from a variety of backgrounds and experiences is crucial if the goal is to attract them in order to develop a successful team, which requires a blend of these qualities.

So stop excluding the best candidates by concentrating on what has previously produced results.

3. Keep in mind that, while recruiting during layoffs, you need candidates more than they need you.

The labor market has seen a significant transition in the last few years, giving employees a competitive advantage.

Since your client’s competitors will gladly snag them if you don’t, you must keep in mind that you need great prospects more than they need you given the current economic scenario.

Your hiring procedures should reflect this insight. You need to approach candidates with vigor and aggression.

It’s crucial to demonstrate why your client’s company is the best location for prospects to work and how their corporate culture places an emphasis on the welfare of employees.

Keep in mind that giving candidates a positive experience is of the utmost significance. Your ability to maintain candidates’ interest and engagement will make all the difference.

These sound tactics might assist you in transforming what at first appears to be a significant negative into a fantastic chance to hire top people. What other effects do you anticipate these recruiting layoffs will have on hiring in the near future? Tell us in the comments section below.

Prioritize staff retention

Don’t overlook your current employees as you search to fill open positions. It seems obvious that keeping employees engaged in the face of a pandemic that is always changing must be a top priority, but many companies have had trouble finding out how to accomplish it.

According to the 2021 Paychex Pulse of HR Survey, there has been a more than 50% decline in employee engagement over the past year. Since employee engagement and the tendency to stay with a firm tend to be correlated, this worries many HR professionals.

Respondents to the poll reported that they are using strategies including training and development, conducting job satisfaction surveys, giving remote work options where practical, and offering financial incentives to address this difficulty. These methods could really assist you in retaining the excellent talent you already have.

Additionally, employers’ responses to the pandemic (such as whether they implemented health and safety policies at work or provided remote work choices for qualified candidates, etc.) convey a clear message to potential new workers about the kind of company they could be working for. It’s crucial to look out for your employees and show them that you care about them now and in the future.

Conclusion

Hiring in a crisis is all about understanding job candidate attitudes and being adaptable and receptive to input to change your recruitment strategy, rather than completely overhauling commonly used recruiting tools and processes.

Recruiters need to invest more time in understanding a potential candidate’s needs and motivations, addressing any particular worries or issues they may have, and persuading others of your capacity to provide stability and security. This is in addition to selling them on your organization and position.

Streamline your hiring process with Pragna Solutions and discover the power of cost-effective, high-quality recruitment. Contact us today for more details.