Times might be tough, but resorting to wholesale headcount cuts is as imprudent as shedding any other asset, says human capital academic Dr John Boudreau.
Australian employees are overwhelmingly in favour of working reduced hours if it means avoiding other cost-cutting strategies during the downturn, a survey has found.
HR managers must quickly determine what constitutes a "transfer of business" before the definition of transmission expands significantly next month, according to Deacons partner Sally Woodward.
Leaders who believe they can cease efforts to keep employees engaged during the downturn risk damaging their company's financial performance, according to Gallup research.
Managers looking to implement alternative working arrangements in a bid to avoid sacking staff throughout the GFC are at risk of exposing themselves to litigation if they fail to adequately consult, a workplace lawyer warns.
Australian HR departments are struggling to meet the challenges created by recession-driven cost-cutting with fewer resources and less control over decision-making, a new study confirms.
More than half of employees in the Australian finance profession have had to take on extra tasks after staff cuts, but employers are failing to put in place countering work/life balance initiatives, a survey has found.
Employers forced to make redundancies after the Fair Work Act comes into force in July must prove they have proactively pursued all redeployment alternatives before letting workers go - and an internal job board won't cut the mustard, says a workplace relations lawyer.
Redeploying workers instead of cutting headcount during tough economic times can save your business millions of dollars in employment costs, according to Human Capital Management Solutions CEO, Trevor Vas.
Employers can quickly nip difficult and negative employee behaviour in the bud - while maintaining workplace harmony - by being "hard on the behaviour, but soft on the person", says New Zealand workplace consultant and psychologist, Dr Steven Saunders.
The laws around engaging casual and contract workers have changed drastically this year. Understand how this affects your organisation by attending this HR Daily webinar.
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