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• August 8, 2022
• By admin
• Advice , Company Structure , Generation Z
• employment , hiring , hiring freeze , job , unemployment

What Is A Hiring Freeze?

By James Jones

This article is also posted on GenZAcademy.com

A hiring freeze is not the end of the world, but it does help to know what a hiring freeze is. Essentially, a hiring freeze is when a company stops hiring new employees to fill company positions. Sometimes, a company will fill essential roles in a company, but non-essential positions will continue to be vacated until the hiring freeze ends.

There are a myriad of reasons why a company might start a hiring freeze. Whether it’s to protect company assets or the company is simply waiting for new employees after layoffs, it’s hard to truly know when and why the hiring freeze is happening. In some cases, a company implements a hiring freeze when hiring employees exceeds the budget for employee salaries during the current quarter. In this situation, the company may hold off on hiring new employees until the new quarter has started.

Contrary to popular belief, there are some advantages for employees during a hiring freeze. Normally, a hiring freeze makes employees feel a bit uneasy, but there can be many upsides to this situation whenever it occurs. There are a few ways to look at the positives of a hiring freeze. For instance, you’re not only working for a cost-conscious company; you are also a valued employee.

There’s also a higher chance of being considered for leadership positions during a hiring freeze. Instead of seeing a hiring freeze as a potential for layoffs, it’s important to try to see it as a demonstration of your worth to the company. If you weren’t valuable to the company’s success, they’d simply replace you with another individual. This makes your role non-essential and places a hold over your role until you are considered an essential employee.

While a hiring freeze may seem like the world is coming to an end, it’s imperative to look on the bright side to see how a hiring freeze can help you as a new or current employee.

Photo by Matt Noble on Unsplash