TRENDS 2020 JOB & HIRING Build A Talent Contingency Plan During a recession, talent attraction professionals play a critical role inside companies. There will be many executive perspectives on how to react to a downturn — from leaders in finance, marketing, GLASSDOOR'S operations, sales and others. It’s important for talent leaders to have a seat at the table and make the case to CEOs for maintaining strong employee culture and protecting talent resources during a recession. The best strategy for protecting a company’s talent resources during a downturn is to develop a written talent contingency plan today, outlining a roadmap for prioritizing human resources with a special focus on protecting employee culture and branding in the unfortunate case of an economic downturn or recession. Doing so can help HR teams advocate for smart talent decisions during the emotional and volatile times of a downturn. In 2020, we expect to see more talent leaders making formal contingency plans to ensure they’re ready to weather the storm as a steward for virtually all companies’ most important asset: their people. 16