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24
Oct
2008
HR’s answer to the credit crunch

Browsing one of my favourite HR blogs: McArthur's Rant, I came across a great list of tips HR the answer to the credit crunch? for effective people management in the credit crunch.

I agree with Scott’s list and would add that if it comes to reducing the workforce:

  • do it as quickly and sympathetically as you can
  • provide support to those leaving so that they continue to be ambassadors for your organisation, and also
  • provide ongoing encouragement, support, positive feedback to the ‘survivors’ – those who remain with the organisation. Those that remain after downsizing often suffer a dip in motivation, which is where knowing your people pays off, as you can tailor your approach to the needs of individuals.
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