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HRM and Recession

The recessionis a topic of the day. After several years of the constant growth, the economies are slowing down and many people lose their job. The HRM Function has to focus on cost cutting, management of FTEs in the organization and keeping the organization in the shape.

The HRM Function cannot be a passive player in the changes in the organization. The recession is a moment for the HRM Function to show the potential and benefits from the proper work with the human capital in the organization.

The HRM Function has to play the role of the change agent during the recession and it has to co-operate closely with the top management of the organization. The recession is a good opportunity to cancel old policies and to introduce new and modern ways of Human Resources Management.

Content of HRM and Recession:

• HRM Priorities and Recession
• Affected HR Processes by the Recession
• HRM Communication in Recession
• Main HR Recession Initiatives
• Recession and Employees
• Recession and Recruitment
  • Change of the job vacancies in the recession
  • Recruitment Freeze
  • Recruitment Agencies in Recession
  • The talents on the job market
• Talent Management in Recession
  • Talent Management under Pressure