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In Economic Downturn
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HR,Economic,Downturn,Crises,Recession
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In Economic Downturn: what an HR should do...?
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10 Things HR Needs to Do in this Economic Downturn Times are tough. And when times are tough, it’s time for HR to get going. Here are 10 things HR needs to do in this economic downturn: 1. Get up, walk out of HR, and talk to the people running operations. That’s where the money is. 2. Fix your friggin sales comp once and for all. Sales matter more than ever, and having a sales comp “system” that can get changed on a whim won’t work. 3. Take a deep look at your performance management system . Are you getting the real behaviors that you want, or is it a matter of who goes to the most meetings wins? 4. Ask not what your company can do for HR, but what HR can...
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Shashikant Rajak
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| 2 years ago
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A HR's job is most difficult in times like these and it more so becomes important like how you handle your employees and also help the management in their decisions in recession. so its like you have to satisfy both with your actions and some of...
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Gargi Sinha
| Commented
| 2 years ago
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With the economic downturn, fear of layoff would catch hold of many employees and the HR manger have to deal with such employees. ( Hr should focus on employees mental wellbeing and cut absenteeism ) HR should deal with employee mental health in...
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12 Tips To Help You Manage Your Job and Career During A Recession..? Some recession survival strategies that will hopefully help you anticipate tougher financial times ahead. Some of these ideas encourage you to be more proactive and to allow you to be one step ahead of events, in case the unexpected happens. By being prepared, you’ll be in better shape to respond to a job loss. Position yourself well before a recession hits . The best time to act is before, not during a downturn. If you’re just starting out or looking for a line of work to get into, consider a recession proof career. Focus on the job you have . Are you already employed? Then one of the best things to do during a ...
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Rohit Khanna
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| 2 years ago
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Yes Mr.Rao really some good points there, i guess what is more important is having a good network and having wide options there.
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Nikhil Jain
| Commented
| 2 years ago
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This is really good. These points will not only help a person manage job during recession but even during normal times. I hope readers will make good use of these tips.
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Will the current economic and socio-political environment drive corporates to bring back outsourced HR processes or reduce offshoring ? Please feel free to provide your view at http://www.discusshr.c...
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