Credit crunch ”provides opportunities for charities”

Posted in News on the November 12th, 2008

The economic downturn provides a number of opportunities to those working for charities, it has been reported.

In an article on ThirdSector.co.uk, a number of charity finance professionals reported that while the credit crunch will present difficulties there will also be a chance for those in the third sector to improve the way they work.

Helen Verney, finance director of Jewish Care, reported that now is good time for charities to purchase or build properties.

She said: "You could take advantage of cheaper property prices, lower construction costs and reduced financing costs."

Meanwhile, Quinton Seeman, resourcing adviser at Save the Children, reported that the credit crisis provides a "once in a generation opportunity" for charities to recruit highly-skilled employees who are fed up of working in a corporate environment.

"Charities must make sure they get in front of people who are thinking of switching careers," he claimed, in news that might interest those looking to target applicants via a regional recruitment portal.

In other news, Chris Humphries, chief executive of the UK Commission for Employment and Skills, reported that spending less money on training and skills during the credit crisis could see Britain fall further behind other countries.

More regional recruitment portal information.ADNFCR-1923-ID-18872833-ADNFCR

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