How to Keep Your HR Engine Running During Economic Slowdowns
Zenefits
JUNE 14, 2021
One of the most devastating economic slumps was the 2007-2009 Great Recession. Freeze or scale back hiring. Hire independent contractors. Keeping employees productive and engaged so that they will perform optimally, even during unstable times. While the U.S. Reduce or eliminate incentive pay. Lay off employees.
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