hi,
i have been reading everbody's views since long time on the recession..i do agree with sumeet's comment........first of all we have to take our employees under trust and let them feel as a family member.......as you said its a small company you can request your MD to address a meeting to all employees about this hard time and let the employees clarifiy their queries and future security directly with the boss.So that they will have clear idea about job secutiry and the reason of not giving any hike this time time.
If you MD thinks can assure your employees for the future benefits when the market condidtion become stable.
as sumeet said you can ask the employees about their views........i can say on this that when decision is participative it gives the feeling of recognition and also motivate the employees by their involvement in decision making.especially when crisis arises and we work as a team bond among people becomes strong.
i can understand as an HR sometime we become very hard and have to take decision which we really don't want but we also think about situation considering as an employee.
regards,
charu
i have been reading everbody's views since long time on the recession..i do agree with sumeet's comment........first of all we have to take our employees under trust and let them feel as a family member.......as you said its a small company you can request your MD to address a meeting to all employees about this hard time and let the employees clarifiy their queries and future security directly with the boss.So that they will have clear idea about job secutiry and the reason of not giving any hike this time time.
If you MD thinks can assure your employees for the future benefits when the market condidtion become stable.
as sumeet said you can ask the employees about their views........i can say on this that when decision is participative it gives the feeling of recognition and also motivate the employees by their involvement in decision making.especially when crisis arises and we work as a team bond among people becomes strong.
i can understand as an HR sometime we become very hard and have to take decision which we really don't want but we also think about situation considering as an employee.
regards,
charu