Navigating The Post Recession Workplace

The post-recession workplace will look different from what we have seen before and its make-up will pose tremendous challenges to managers. How managers address them will determine their success or failure in this new emerging economy.

As employers spring from this painful recession, they will be faced with significant workforce tests including the need to keep labor costs low, pressures to increase productivity further, a battered and disengaged employee population, and government agencies scrutinizing employers who seek cost savings at the expense of workers, while avoiding their tax obligations. Employers must prepare now for this new emerging workforce.

Consistent with what we have seen in past recessions, the temporary employment industry is a leading indicator of the current economic conditions and a reliable predictor of future employment trends. Cautious employers hire temps first, hedging their bets on the recovery, realizing that if a downturn occurs it is easier to lay off these workers. This year is no different. Temporary staffing agencies report that business is strong as employers once again turn to “temps” before hiring full-time workers. However, unlike previous post recession periods, this year we can expect to see two new trends evolving.

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Filed under Compliance, Economy, Leadership, Management

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