Recently in Economy Related Category

When employers face economic uncertainty and declining demand they are often forced to cut back on labor costs- leaving the workforce composed of an organization's most loyal and talented employees. These survivor employees are left with concerns about their job...

Maximizing employee motivation is essential, especially during tough economic times. However, what motivates employees is sometimes difficult to determine as people are motivated in different ways. Employee motivation can be broken down into two basic sub-groups known as intrinsic and...

Rocky economic times of late have put a damper on many organizations' plans to award raises and bonuses this upcoming holiday season. A recent Hewitt survey revealed that the average raise for salaried exempt employees is expected to be around...

I wanted to provide some insights on how managers can inject humor and positivity into an employee award program. Particularly in light of the uncertain economy that we are experiencing, coupling humor and positivity with employee recognition can prove to...

Many contemporary organizations maintain lower payroll, training and turnover costs while helping to keep employees feeling more secure and less micromanaged in their positions as a result of utilizing a lean business paradigm. The cycle of hiring scores of people...