As our new President is inaugurated today, we're all keen to see the audacity of hope converted into the realization of productive change that can restore our economy and put our growing numbers of unemployed Americans back to work. One of the most burning issues for many Americans is what the new administration will do to stimulate the economy through government spending. Our board member, Jared Bernstein, has recently joined Vice President Joe Biden's staff as an economic policy advisor. You can read some of his thoughts about what an economic stimulus package needs to achieve in his testimony before the House Committee on Education and Labor on October 24th of last year.

While most of us don't have much say as to where those government dollars will land, we do have choices to make about how to keep our organizations healthy and our employees engaged.  Many organizations worldwide are cutting budgets, including headcount, in an effort to remain viable.  Following are suggestions from our board members and other Workforce Institute stakeholders about how organizations can keep their employees engaged and stimulate workforce productivity, even as they are forced to make tough workforce budget decisions.

Leadership is More Critical Than Ever:

Involve Employees in Business Improvement Efforts

Communicate, Communicate, Communicate

Get Creative with Rewards

Talent Management is Still Important

Creative Labor Cost Management Strategies

What would you add to the list above?

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