logo

Employee Loyalty During Recession

Knowledge Center

Attrition (Workforce Reduction)
Knowledge Center

Translatemore

Forum
4
Vinutha Ajay
Student (MBA), United Arab Emirates

Employee Loyalty During Recession

How does one keep the remaining employees loyal to the organization after redundancy due to recession?
 
Comments

Rating

 
2
Sekhar, India
 

Retention of Loyal Employees During Recession

Here are a few tips:
A) Motivation - encourage them by having a closed door one-to-one chat and briefing them about the reasons why their work is important for the organization during such trying times
B) Review pay package - since many employees are likely to be terminated during recession, perhaps a few can also be given a raise (at least a few chips) to keep them cheered up
C) Double bank positions - put two (or more) people to work together to enhance their individual skills to contribute productively to the organization
D) Reduce work time - where ever possible, reduce work timings at least for a while so that existing employees do not feel overburdened; anyway productivity is low.
E) Re-structure organizational chart to provide more responsibilities to prevailing employees without intentionally increasing the workload.
Hope this helps!! Sekar.

 

More on Attrition (Workforce Reduction):
Summary
Discussion Topics
topic Pre-Quitting Behaviours: 13 Signs that your Employee Might Quit
🔥 WHEN to Quit, Resign from your Job?
topic Goodbye... Managing Employee Offboarding
topic Griffeth and Hom Employee Turnover Model
topic Advantages of Employee Retention? Benefits
topic Employee Furlough
topic How to Effectively Communicate your Resignation?
topic HOW to Quit your Job Elegantly
topic Employee Ghosting
👀Employee Loyalty During Recession
topic Motivation is an Important Factor in Employee Retention
topic HR Measures to Reduce Attrition
Special Interest Group

SIG Leader

Do you know a lot about Attrition (Workforce Reduction)? Become our SIG Leader



top

More on Attrition (Workforce Reduction):
Summary
Discussion Topics
topic Pre-Quitting Behaviours: 13 Signs that your Employee Might Quit
🔥 WHEN to Quit, Resign from your Job?
topic Goodbye... Managing Employee Offboarding
topic Griffeth and Hom Employee Turnover Model
topic Advantages of Employee Retention? Benefits
topic Employee Furlough
topic How to Effectively Communicate your Resignation?
topic HOW to Quit your Job Elegantly
topic Employee Ghosting
👀Employee Loyalty During Recession
topic Motivation is an Important Factor in Employee Retention
topic HR Measures to Reduce Attrition
Special Interest Group

SIG Leader

Do you know a lot about Attrition (Workforce Reduction)? Become our SIG Leader

Knowledge Center

Attrition (Workforce Reduction)
Knowledge Center



About 12manage | Advertising | Link to us / Cite us | Privacy | Suggestions | Terms of Service
2023 12manage - The Executive Fast Track. V16.3 - Last updated: 28-9-2023. All names of their owners.




12manage is looking for BA/MBA students. More info.