Encourage Valued Employees to Stay

Once it is known, from announcements or rumor, that a downsizing program is underway, some of the better employees may feel it is a good time to seek greener pastures. The employees whom the employer needs or wants to retain because of their skills and loyalty assessment, should be encouraged to stay. This may involve giving assurances as to future plans, possibly a pay increase because of added responsibilities, bonuses, or other financial incentives. These assurances are important particularly because of the general negative atmosphere that is generated by the downsizing, including lowered morale and anxiety due to the uncertainties involved.

Project Management Made Easy

Project Management Made Easy

What you need to know about… Project Management Made Easy! Project management consists of more than just a large building project and can encompass small projects as well. No matter what the size of your project, you need to have some sort of project management. How you manage your project has everything to do with its outcome.

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