Let's face it - there is not a lot of hiring taking place at the moment. If anything, businesses are more inclined to be letting people go, but if your start-up is thriving in the current environment, you might be forgiven for thinking that you're in a buyers market. The arguments for this go a bit like this:
However, there are some inherent pitfalls in thinking this way:
So, by all means, keep hiring, but stay on your toes. Here are some things you can do to mitigate your risk:
Dr. John Bethell has 25 years experience in medical & life sciences recruitment. He is co-founder of two successful recruitment firms employing over 100 staff.