Recently in Economy Related Category
The HR World Blog featured an article in March that discussed the results of a new Deloitte survey which found that the economy is forcing organizations to think about cost reductions and customer retention. For years research has shown the...
Business leaders and managers across all industries are turning to employee incentives as a method to build employee motivation momentum in spite of the poor economic conditions. Nathan Jamail explains in his article on employee motivation momentum, "A leader needs...
I came across an article the other day claiming that some employees are spending hours at work worrying about their job security, leading to decreased productivity rates. Many managers are blaming this perpetuating low employee morale and motivation on...
Facing the recession, reducing costs and boosting performance is a major concern for companies throughout the United States. Many organizations are taking this predicament as an opportunity to fine tune their compensation and benefits strategy to ensure both short term...
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...
