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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.

Company 52
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7 Top Job Satisfaction Statistics You Need to Know

15Five

January 2009, when 30% of employees were extremely satisfied. Source How to measure employee job satisfaction To understand exactly how your employees feel about their job, you’ll have to do a little bit more than just casually ask around. That highest point? Organizations can blame several factors for this.

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Creating A Remote Recruitment Agency

Recruit CRM

For instance, UK has seen steady growth in recruitment over the past couple of years and since the COVID-19 pandemic hit, the latest figures have shown the steepest decline in the recruitment industry since the 2009 global economic crash.

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I’ve Had Six Great Bosses in Four Years – Here’s What I’ve Learned From Each One (Part 1)

Something Different

Out of my undergraduate program in 2009, I completed my MBA and Master of Human Resource and Industrial Relations over a two year period. I had questions about processes, how to manage relationships, and how to source roles and close candidates. <www.forbes.com> …So I’m relatively early in my HR career.

COMPAS 100
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my boss wants to be at the hospital for my coworker’s surgery, taking vacation time when your team is understaffed, and more

Ask a Manager

Amanda previously had two awful situations in their personal life: (1) Her sister died and she came in to work the same day because the only other person who knew how to run payroll was our boss and there was nervousness he wouldn’t be able to do payroll properly. (2) ” He sat there with her while she waited.

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How to Conduct Staff Appraisal Training: The Key to Employee Development

Empuls

How to conduct staff appraisal training. Here's a detailed guide on how to conduct staff appraisal training: 1. Training session(s) During the training sessions, cover the following key topics: Introduction to the appraisal process: explain why appraisals are important and how they benefit employees and the organization.

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HR KPIs: Guide, 20 Examples & Free Template

Analytics in HR

For an in-depth overview, you can check out our article about how to calculate employee turnover rate , in which we discuss various approaches and propose a best practice. Eckerson’s KPI framework In a 2009 paper , Wayne W. Turnover rate Turnover is a common metric and an important KPI since high turnover can be very costly.