Tag: Economic Slowdown
HCL to pay bonuses, no pay cuts, honour existing offers
IT firm, HCL has emphatically declared that despite the slowdown, and the economic impact of coronavirus, they will pay all promised bonuses all 150,000...
Keep Employee Morale High Amidst the Downturn
From wildfires in Australia to the downward spiral of crude oil prices to COVID-19 outbreak - the year 2020 has given a rough start....
Keeping employees engaged during the recession
Macroeconomic indicators which means production as measured by Gross Domestic Product (GDP), employment, investment spending, capacity utilization, household incomes, and business profits……….when all of...
India Inc Needs Skilling, Reskilling, Upskilling in Recession
In weak economic times, firms typically focus on efficiency and put high scrutiny on hiring numbers. Hence, the young talent labor market specifically at...
Preparing the Workforce during Global Slowdown
The present scenario on physical health across the world is of extreme precaution due to Corona Virus. Similarly, there is a growing concern on...
The Impact of Recession on HR Practices
No one saw the recession coming- Gordon Ramsay
Very apt to understand that nobody is or can be actually fully ready as we don’t see...
HR Challenges & Opportunities in Economic Slowdown
“When the going gets tough, the tough gets going.”
(When the situation becomes difficult, the strong will work harder to meet the challenge.)
Today’s most vehemently...
Workforce Management in Recession – HR Strategies
Being ahead with time has become a necessity in the current time. Change is taking place everywhere in our surroundings and the change has...
How to Cut Business Costs During Downturn
Business upturn and downturn is a very cyclical phenomenon, but it is also a very slow phenomenon. In recent times, the kind of downturns...
Coronavirus has plunged World into Recession: IMF
The coronavirus pandemic has brought the global economy to a standstill and plunged the world into a recession that will be "way worse" than...