As we prepare to brace the effects of Recession induced from the western world, is our countries employer base prepared to take it. When Lehman Brother’s closed shop, there was a long line awaiting their turn to withdraw cash from a popular bank’s ATM at a remote village in South India. This goes to show that the Indian employed/ employee base is fully aware of the global scenarios. This was a few months ago, now a Construction Worker, is able to relate in his own way and mentions interest rates have gone up and hence construction activities are slowing down causing concern.
In the developed world we see people resorting to undue measures to run away from the facts (suicides due to loss of jobs). While we are aware of the facts, when reality hits us, we panic. This brings up the following questions which I’ve listed below for thoughts and deliberations,
Emmanuel Justus
www.surgeforth.com
In the developed world we see people resorting to undue measures to run away from the facts (suicides due to loss of jobs). While we are aware of the facts, when reality hits us, we panic. This brings up the following questions which I’ve listed below for thoughts and deliberations,
- Are we prepared enough?
- Are we preparing our workforce enough?
- What are the organizations doing to prepare themselves?
- Is layoff the only answer to survive?
- What is the HR Community doing to prepare the organizations and the employees to sustain this difficult period?
- Well this is time for us to clean up, restructure and make our employees more responsible should I say?
Emmanuel Justus
www.surgeforth.com