July 2009

Monthly Archives

  • How To Retain Good Employees During a Downturn

    It may be a fact of life for your business. To keep your doors open, you may have had to furlough or even lay off some employees. No one likes to do that. Even when you jettison marginal performers, no one enjoys the process, least of all the business owner.

    If it DOES happen to you, are you aware that the layoff isn’t the end of the process? What about those employees who are still with you? Oh, they’re lucky to have a job, you might say. But they are scared no matter what you say or do – and who can blame them?

    To protect your business, you need to take several more affirmative steps. Most won’t cost you any money, but they do require effort and caring.