The unemployment rate grows rapidly during the current recession. The people are worried about their jobs and they are worried about the stability of their employer. The moves on the job market can look to stop, but this is not true. Even in the recession, the number of job offers stays almost constant. It is [...]
Tag Archives: HRM Recession
Turn Recession into Opportunity
April 8, 2009 – 8:57 pm
The recession makes the organizations to struggle. But on the other hand, the recession is an opportunity to introduce dramatic changes and innovations into our daily business life.
Goal Setting Process in Recession
April 5, 2009 – 10:33 am
The goal setting process can help the organization a lot, when the organization uses goal setting process properly. Many companies have difficulties to select the strategic activities and to set the goals to employees with the strategic vision in the mind of managers.
Communication supports innovation in recession
March 19, 2009 – 10:11 pm
The innovation and creativity are the best weapons against the recession on the level of the individual organization. The organization fights with the slowdown in sales and the cash-flow can be strongly affected. The innovation can help to change the products and services to start a steady growth in sales volumes again. But the innovation [...]
Compensation Strategy in Recession
March 10, 2009 – 9:28 pm
The compensation strategy is a general document about the vision, mission and strategy of compensation and benefits of the organization. Generally, the recession has no impact on the compensation strategy, but the organization has to make some adjustments.
Top Performers in Recession
March 7, 2009 – 9:48 am
Top Performers are the source of the sales excellence in the organization. In recession, the HRM Function has to take care of them as they can feel unsuccessful and frustrated. The top performers are used to enjoy better results month by month. They are not used to see any decline in their results and their [...]
Base Salaries in Recession
March 2, 2009 – 8:43 pm
The base salary is the basic compensation component. As it is usually basis for every other compensation component, the base salary is taken as a guaranteed pay to employees every period.
