Archive of down economy
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Preparing for and managing a Reduction in Force (RIF)
Posted on May 14, 2009 by author in Best Practices, HR Outsourcing
If indeed a RIF is necessary, it is important to prepare for it adequately, conduct it efficiently and then deal with the aftermath humanely. [Read More]
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TriNet’s 1st Quarter Survey: Have hiring plans changed for small businesses?
Posted on April 1, 2009 by author in Human Capital Management, News at TriNet, News in General
In the first quarter of 2009 TriNet conducted an online survey of businesses primarily in the financial services, professional services, and technology industries. The purposes of the study were to assess the current employment environment and to see if there were changes since the time TriNet conducted its annual 2008 Employment Trends Survey. Here are the results.
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How Small Companies are Responding to a Big Recession
Posted on March 25, 2009 by author in Human Capital Management, News at TriNet, TriNet Products
TriNet recently surveyed more than 400 white-collar small businesses in order to shine a light on how small employers are evolving their human capital management practices in a down economy, and how employer practices are directly influenced by whether the small business owner is considered bullish, an “economic optimist,” or bearish, an “economic pessimist.”
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Effectively Leading a Demotivated Workforce
Posted on February 20, 2009 by author in Human Capital Management
TriNet’s human capital consultants often hear the same series of questions from their customers, and recently, the questions have largely been along the lines of effective leadership in an economic downturn. The approach which our consultants do not recommend is to shut down, shut up, and keep everything close to the vest. Sometimes leaders believe that they need to be furtive and secret about the company’s situation until times get better, but that’s as good as packing your star employees’ bags.
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Eight New Years HR Resolutions for your Company
Posted on January 2, 2009 by author in Best Practices, Human Capital Management
1. Take advantage of the downturn to keep mentoring, developing, and motivating employees—particularly the potential leaders. Maximizing employee productivity will be key in the months (years?) ahead. 2. Ensure that the company’s benefits strategy contains the right balance of high-end packages...
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