Hi, What could be the role of HR during recession time? Experts pls advice. Thanks & Regards Viren .
From India, Mumbai
6From India, Mumbai
Hi,
Three issues come to my mind. First, unfortunately this is the time when companies cut down on training. Actually this would be the best time to train your pers esp the sales force. If the training is internal the better as no further cost is involved. This training would ensure better sales force capabilities and therefore in return, better sales (if the training is effective) and therefore a way out of the bad times.
Second, this is the time when HR has to be more humane that before. If a person has to be given the pink slip, let it be done in a humane manner that when this recession is over the same person feels like coming back. Alternatively give sabbaticals to people who are not required, but keep them in your rolls without the pay esp. for executives.
Third, use this time to rejig your HR plans for future so that when the upswing starts you are not found in the wrong place.
Sajan
From India, Hyderabad
Three issues come to my mind. First, unfortunately this is the time when companies cut down on training. Actually this would be the best time to train your pers esp the sales force. If the training is internal the better as no further cost is involved. This training would ensure better sales force capabilities and therefore in return, better sales (if the training is effective) and therefore a way out of the bad times.
Second, this is the time when HR has to be more humane that before. If a person has to be given the pink slip, let it be done in a humane manner that when this recession is over the same person feels like coming back. Alternatively give sabbaticals to people who are not required, but keep them in your rolls without the pay esp. for executives.
Third, use this time to rejig your HR plans for future so that when the upswing starts you are not found in the wrong place.
Sajan
From India, Hyderabad
Dear Viren,
Already one of our Cite Member described about this point, and please visit the below link for the details
https://www.citehr.com/133771-role-hr-recession.html
From Kuwait, Kuwait
Already one of our Cite Member described about this point, and please visit the below link for the details
https://www.citehr.com/133771-role-hr-recession.html
From Kuwait, Kuwait
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