The economic recovery will hit employers "like a tsunami", says human capital consultant Anthony Sork. Employers acting too late to stop the exodus of their workers must focus on attaching and on-boarding their replacement recruits.
The economy has focused employees' needs for status and equity outward ("Two of my neighbours lost their jobs; I'm just happy to have mine"), but at some point in the near future they'll return their focus inside the four walls of your organisation and you better be ready...
HR managers must have leadership development programs in place for employees or face the risk of losing them when the economy recovers, a new report warns.
Employees who don't have a clear understanding of "what is expected of them and what they are accountable for" are unlikely to care about their employer's success, says Right Management's Bridget Beattie, who warns that nearly two in three workers are at risk of fleeing their jobs within the next 12 months.
Most employers are forced from time to time to slow hiring, freeze headcounts or make layoffs, but "mature-class" organisations never stop nurturing their talent pools, according to HR analysts.
Corporate social responsibility (CSR) is often perceived as a fringe activity to be sidelined when times are tough, but CSR programs can help a company "thrive" in an economic downturn - providing employers know how to "communicate their involvement", says Manpower's Chris Riley.
The core reasons why employees leave their jobs haven't changed as a result of the GFC, but despite the labour market conditions more employees are taking "lifestyle breaks" from work, new research shows.
From exercises in the park to gruelling, Survivor-style workshops on a tropical island, a major Australian employer is boosting staff morale - and its "competitive advantage" - by investing heavily in the fitness of its workers.
The Fair Work Act allows for greater union involvement in the workplace, an IR lawyer says, and smart employers are fostering positive relationships with employees and their representatives in an effort to cement long-term growth.
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.
From August, employees will have a legislated right to disconnect from work. Understand what this means for your organisation by watching this HR Daily Premium webcast.