Hiring expectations are down…
Everyone is watching expenses….
What has happened in your world? Are your employees now paying for the office coffee or perhaps it’s no longer available at all? Have you eliminated lunches and food brought in for staff meetings? Looking to cancel holiday and/or summer parties and functions? We see and hear of these examples of cost reduction on a daily basis as well as many more. Although these steps are necessary and understood by your employees, this can lead to affecting the atmosphere and morale of the workplace.
So what are the alternatives?
We suggest during this “down or slow” time, you join other progressive companies and use this interlude to evaluate your core business and the people to assure that when business resumes or picks up, you are ready to turn on the after burners! Focus on improvements to process, offering training of new skills for employees, cross-training and working with your existing teams to increase their performance and efficiency.
The results will certainly be a factor in your company’s growth and expansion in the business up turn as well as signaling and encouraging employees to see the bigger picture of the business cycles.
Call us today!
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