California Labor and Employment Defense Blog

Some Reminders For Employers In Difficult Financial Times

Frank Roche, over at KnowHR, reminds employers the 10 Things HR Needs to Do in an Economic Downturn.  Here is a summary of Frank's points:

  • Get up, walk out of HR, and talk to the people running operations.
  • Fix your friggin sales comp once and for all.
  • Take a deep look at your performance management system.
  • Ask not what your company can do for HR, but what HR can do for your company.
  • Fell the deadwood.
  • Comfort the afflicted, and afflict the comfortable.
  • Listen to comp consultants who link metrics to company performance.
  • Let employees know what you know.
  • Pay lots of attention to your top talent.
  • Do something.

Click here to read the entire post.  Frank's final point, that employers need to "do something" is a good reminder that employers should not approach difficult periods without a plan.  When difficult decisions are made on the fly, that is when a company can expose itself to liability. 

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