Practical HR Tips, News & Advice. Updated Daily.
There has always been a lot of focus on quarterly earning reports, but given the current economic environment, this corporate ritual has come under even greater scrutiny. Everyone is trying to read the crystal ball and figure out what every little detail means. Sales are down 30% when compared to the same quarter but are […]
I’m in the process of writing my Q1 report for our board of directors and I’m trying to come up with the appropriate adjective to describe the current economic environment and explain its impact on our business. As I searched for the right adjective to describe the business climate we’re facing I first considered “challenging.” […]
Sorry for the sports cliché, but it fits. There are a lot of distractions in life — now more than ever. The recession (I’m surprised someone hasn’t come up with a four letter word for it) has everyone distracted. Admit it, you come to work and you’re distracted. You log on to the Internet to […]
Bad news is everywhere. The recession is dominating the headlines. On a daily basis we hear about bailouts, layoffs, and bankruptcies. In light of all the bad news, how are we to react? If there ever was a time when one could step back and just mail it in, this would be it. I mean […]
Talent Management We’ve talked a lot about job loss. With U.S. companies slashing nearly 600,000 jobs in January, it has been top of mind for most of us. Here’s the upside in what is an otherwise very dismal situation. Layoffs can give a company the opportunity to cull its lowest performers, resulting in a leaner, […]
Each January, HR Hero asks its readers about the benefits their company plans to offer in the new year. With the changes in the economy and employers looking for ways to cut expenses, will they be reducing benefits or passing more of the cost of them on to employee? Take the survey and we’ll report […]
(Updated April 2009) by Boyd Byers Writer Sebastian Junger coined the phrase “perfect storm” to describe the simultaneous occurrence of different weather phenomena that combine to create a powerful nor’easter (a storm blowing from the northeast). Is a confluence of cultural, economic, and political events whipping up a perfect storm for employment law claims? Many […]