posted on April 07, 2011 12:00
Engagement is critical to retention.
Layoffs rarely diminish the amount of work required, placing extra burdens on those who remain, with potential burn-out as a consequence. Additionally, a reduction in force, or RIF, strains the relationship of trust that must exist between employer and employee, particularly if those not affected feel that their less-fortunate colleagues were unfairly treated on the way out. Compensation is also likely to have been affected, with many companies having imposed some form of wage freeze over the last few years.The net result is that the workforce is asked to do more work for less pay in an environment of fear or, at the very least, mistrust. Little wonder that when new opportunities present themselves, as they will, your best and brightest people will take a closer look.
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