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People Strategy in a Recovery

People Strategy in a Recovery

As layoffs, salary cuts and volatile stocks make headlines and fuel water cooler conversations, many organizations face a balancing act. Leaders must reconcile the immediate need to trim down operations with long-term strategies to attract, retain and grow talent. Challenges surrounding employee motivation, cost management and new regulations abound.

Explore our resources for answers to common questions and guidance on how to develop a people strategy for economic recovery and future growth.

Featured Insights

  • Keeping Your Team Intact: A Special Report on Talent Retention
    Part of the ongoing Managing Talent in a Turbulent Economy study—compares the results of an August 2009 survey of employees at large enterprises worldwide with a May 2009 survey of international corporate leaders. The study examines employees’ perspectives on retention, their turnover intentions, and how their responses varied across the different workforce generations and in comparison to employers’ perspectives.
  • Prepare Now or Lose Your Best Employees Soon
    A Forbes.com article discussing retention in the recession, the potential for a “resume tsunami” to take place once the economy improves, and the actions that employers can take now to prevent it.
  • Where Did Our Employees Go?
    A Deloitte Review article focused on retention that explores the idea that, although voluntary turnover rates have been low throughout the downturn, employers’ downsizing and cost cutting actions may be actually increasing turnover intentions, with many employees planning to jump ship once the economy improves.

Dig Deeper

  • Human Capital
  • Talent

Additional Resources

  • The New Executive Compensation Restrictions
    Explore talent and corporate governance implications.
  • Are People Really Your Most Important Asset?
    Should executives focus on maintaining cash or people? Explore the debate.

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