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How To Prepare Your Company for a Recession or Economic Downturn

Great Place to Work

Employers are worried about how to generate revenue during an economic downturn, while employees are fearful for their jobs during a period typically synonymous with mass layoffs. s last recession: the Great Recession of 2007–2009. Survey your employees during a crisis to understand how to support them and what to do next.

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How to start an escape room business: a step-by-step guide

Homebase

In this comprehensive guide, you’ll learn everything you need to know about how to open an escape room business of your own. Since their inception to pop culture in 2007, escape rooms have become incredibly popular due to their unique and immersive entertainment experience. Check out this guide on how to write a business plan.

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How to Support Employees As They Face Rising Inflation

Great Place to Work

Great Place to Work® analyzed data from companies before, during and after the Great Recession of 2007–2009, spanning 15 years from 2006 to 2021. While the S&P 500 suffered a 36% decline in value from 2007–2009, companies who supported all employees gained 14%. Get More Insights.

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How to Future-Proof Your Recruitment Marketing Strategy and Attract Top Talent

Hireology

is facing a strong economy as it is now, or a recession as was the case from 2007 through 2009, employees are any organization’s greatest source of competitive advantage. Your team likely has an understanding of how to get the most sales leads for the least amount of money – and you should take the same approach to hiring.

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How to Implement a 4-hour Work Week and Make it Work

Hppy

In 2007, Timothy Ferriss published a book called “ The 4-Hour Work Week: Escape 9-5, Live Anywhere, and Join the New Rich”. Learning more about the 4-hour work week and how to integrate its principles can greatly boost team morale and productivity, leading to improved performance and better employee retention.

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How to Recession-Proof Your Small Business

Zenefits

Understanding what a recession is and how to identify one. The first step in recession-proofing your small business is understanding what, exactly, a recession is and how to identify one. Only 10% of the time between 1960 and 2007 has been spent in a recession, they say. As Stijn Claessens and M. Username or Email Address.

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How To Know If Your Defined-Benefit Pension Plan Is In Trouble.

The HR Capitalist

Imagine the Dow at 14,000 in early 2007. Well, that investment group was struggling to meet the member requirements in 2007, and the Dow went to 7,000 during the recession, at which time they exited securities and went to a cash position. It almost collapsed during the last recession. Buy high, sell low.