Remove 2008 Remove CHRO Remove Retention and Turnover
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Need Budget Approval for Your HR Initiative? These CFOs Have Tips for Getting the Green Light 

15Five

This is nothing like 2008 [or other previous recessions], but it is a slowdown, so that means pencils are sharper,” he said. They understand better than anyone that turnover is very expensive (especially losing high performers). There’s a more critical eye when activities are put in front of the CFO.

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Is the HR Accountable for Mass Layoffs?

Keka HR Blog

“Too often, they’re done for short-term gain, but the cost savings are overshadowed by bad publicity, loss of knowledge, weakened engagement, higher voluntary turnover, and lower innovation, which hurt profits in the long run,” write Sandra J. and General Motors Co., did not lead to profits as anticipated but caused productivity to decline.

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Is the HR Accountable for the Mass Layoffs?

Keka HR Blog

“Too often, they’re done for short-term gain, but the cost savings are overshadowed by bad publicity, loss of knowledge, weakened engagement, higher voluntary turnover, and lower innovation, which hurt profits in the long run,” write Sandra J. Vinod Parur, CHRO, RR Kabel, told HR Katha. Worst victims of layoffs.