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Surviving an Economic Downturn: Creative Alternatives to Layoffs
It seems that you can't escape the headlines these days about the gloomy economic news. In every media outlet, we read or hear about stock market losses, real estate slowdowns, job losses, bankruptcies and bailouts. These are clearly challenging economic times. One key question for your business is how do you handle the economic slowdown when it comes to your staffing levels? Should you institute a hiring freeze? Can you take advantage of layoffs at your competitors by snatching up strong performers that they've been forced to downsize? Or do you need to layoff employees yourself? In this article, we look at some of the options facing small- and medium-sized businesses when determining how to handle their human resources needs during an economic slowdown.

Other employee concerns Related Articles

WorkLife Balance & Employee Engagement
An engaged employee is likely a more productive employee. An attitude adjustment or a morph of strategy can foster worker loyalty for both small and large businesses. Addressing the concerns of your workers with regard to worklife balance is another way to create better relationships between the rank and file - and top brass. And those changes just might impact your bottom line in the end.
Employer successfully questions an employee’s medical certificate
In a recent case before the Federal Magistrates Court it was determined that the sacking of an employee for not attending work was lawful, despite the fact that the employee had a medical certificate which permitted the employee to not attend work.

How To Fire An Employee: The Do's and Don'ts of Terminating Employees to Keep You Out of Hot Water
One very common question we get asked is: How do I fire an employee? As a business owner, if you've selected and trained well, set clear expectations, and provided regular ongoing performance coaching and feedback, your need to let go of an employee should be minimal. However, it can and does happen that people just don't fit in with your organization. So what do you do? In this article, we'll discuss the do's and don'ts of firing an employee.

Five Secrets to Becoming the Perfect Employee That Everyone Wants – Part One
With ever increasing deadlines, decreasing resources, and changing workplaces, sometimes it can be challenging to be a good employee, much less a perfect employee. The employee who can rise above the everyday problems and embrace challenges will be the person that every employer wants. The following are five secrets to being the perfect employee everyone wants.
Relationships: The Key to Organizational Success
Every company has an organizational structure which determines the duties and obligations of each employee. Each employee, from executive to manager to the employee, plays an important role in the productivity and success of the organization. In many cases channeled down organizational decisions can have a negative influence on the relationship between the supervisor and the employee which results in losses in organizational productivity and profits. Organizational relationships between supervisors and employees are the key to the success of any organization.
How to Deal: Performance Reviews
On both sides of the conference table, Performance reviews are considered one of the most disliked, or often feared parts of working within an organization. On one side, the employer or manager, may have not kept accurate records of an employee’s progress is stuck on highlight performance highs and lows, and how to encourage the employee to set new goals based on the performance review. Employees may feel they did not receive the performance review they truly deserve…perhaps viewing their employer or manager as overly critical. How does an organization get past these issues and make performance reviews enjoyable? Astronology investigates the concerns in performance reviews.
Profit Growth Strategy # 11 For Virtual Assistants
Dozens of books have been written on the selection process for employees. The experts recommend a variety of tactics and strategies that ensure the prospective employee has the skills for the job and is the right fit for the culture of the organization. One less than stellar employee can damage the team. For a small entrepreneur, one bad employee could destroy the company’s reputation.
What to do when an employee steals your IP
Losing a valuable client hurts. Losing that client to a former employee, on the other hand, gives you a sickening feeling in your stomach, particularly when that employee told you they weren’t leaving to work for a competitor. So when you find out that an employee has done precisely that what do you do?
How to Keep Employees Happy, Boost Morale and Reduce Stress During an Economic Downturn
One of the primary concerns that businesses have these days is simple: it’s all about determining how to keep employees happy. No matter how stable your company is despite the economy, your staff will have concerns and uncertainty and financial stresses. Unfortunately that stress is something that can be carried into the workplace and affect everyone.
Every leadermanager™ is responsible for succession planning
Succession planning concerns every role. As I share with my audiences “succession planning is not just about executives, it is about every role in your organization.” As a financial services branch manager in the 70’s two files in the bottom right hand side of my desk played a vital role in my success, one was my employee bank and the other contained the minutes of my weekly meetings with my staff. Do you have an employee bank? Do you have weekly meetings with your staff?
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