Is Now the Right Time to Start an HR Recruitment Consultancy After a Job Loss Due to COVID-19?

Hi,

My friend lost her job due to Covid-19, and she is planning to start an HR recruitment consultancy. I feel this may not be the right time, but I would like to know experts' opinions. Please share your thoughts.

Entrepreneurial Spirit and Corporate Practices

Praising your entrepreneurial spirit, I want to thank you for staying positive in these times. Corporate shame is at its peak these days, and everyone seems to be in a hurry to just cull headcount. This is not a good practice and will not render any benefits to such organizations.

Preparing for Your HR Consulting Initiative

Yes, this is the right time to start preparing for the launch of your HR Consulting Initiative, as a surge in hiring is anticipated in the next quarter. Please seek licenses, registrations, documentation, and legal filings in one place so that there are no bottlenecks at the end. Client acquisition may be attempted after this stage as clients insist on utmost compliance.

Stay positive, give employment to the needy resources, and shine well in the recruitment market.

Opportunities for Freelancers in the Current Job Market

For a freelancer, it's the right time as we all know nowadays companies are reducing their permanent/full-time employees. She has a bright chance to get good opportunities. Also, for freelance work/projects, she can approach some consultancies like HA'YA (www.haya.co.in) or elsewhere.