Employers that offer voluntary redundancies when forced to downsize are at risk of losing invaluable knowledge and experience and having their best talent turn into competition.
In today's business environment, organisations need managers to model traditional leadership attributes but also "newer" leadership competencies, according to Pat Milligan, the US-based president of Mercer's human capital business.
Employers that fail to treat staff with compassion and tact during the economic crisis will see their talent flee when the economy turns - and it will turn within 12 months, says Team Leaders managing director, James Adonis.
Leaders who believe they can cease efforts to keep employees engaged during the downturn risk damaging their company's financial performance, according to Gallup research.
Employers are taking steps to have new enterprise agreements approved as soon as possible to avoid the uncertainty that is likely to surround the better off overall test, or BOOT, when it comes into effect in January next year.
Employers that align their external and internal brand message by engaging new hires and turning them into company advocates can expect productivity to increase by up to 30 per cent a year, according to an HR analyst.
Many employers will be faced with a new battle to retain their best workers after the Federal Government announced plans to invest $22 billion of its 2009/10 budget in the nation's infrastructure, says Hewitt's Australia and New Zealand managing director, David Brown.
Employers that fail to adapt their motivational tactics to employees' individual drivers risk creating workers who drag down company performance, according to Samantha Hickey, professional services manager at SHL.
Corporate career sites should be customised to their target audience and manage candidates' job expectations, according to technology and HR expert Gerry Crispin.
Most managers hold "misinformed" opinions about social networking sites and should embrace and guide employees in their use, says HR technology consultant, Michael Specht.
