- US golden handshakes still shine
Severance packages for most laid off employees at large US companies have remained virtually unaffected by the economic downturn.
- Downturn leads to increase in false bullying claims
The current climate of job uncertainty has contributed to an increase in the number of bullying claims, in particular false claims, as employees try to protect themselves from redundancies through contrived or exaggerated workplace allegations, according to Harmers Workplace Lawyers
- Cheap approach to redundancies costs employers dearly
The current round of downsizing by employers is not achieving desired results, with employee morale, motivation and productivity diving after most retrenchment programs, according to research from Drake International
- Putting employees first brings in the money
While the service industry has long lived by the mantra that customer service is the only thing that matters, a paradigm shift whereby employees come first and customers second is more important, according to J Kalyanaraman, Asia Pacific head of IT and software development firm HCL Technologies
- Employers squander workers’ talents
Too many employers are poorly equipped to weather the recession because they use workers’ skills and talents poorly, tie them up in rules and procedures and give them little say over how they do their work, according to The Work Foundation
- Outside CEO edge more expensive
A CEO who is hired externally gets paid on average 20 per cent more than the previous incumbent, while CEOs hired from within the company get paid less than their predecessor.