Your Employees are a Huge Resource

Don’t be quick to downsize 

Many employers view layoffs as an unpleasant, yet inevitable consequence of a recession, and for certain industries like manufacturing, that may well be the case. Other companies do have options. Just ask your employees.

“Nobody is smarter and more observant at seeing the real nitty gritty of a company than the employees” says Mary Karamanos, Senior Vice President, Human Resources at the Business Development Bank of Canada, in Montreal, PQ. “They often have creative ideas on how to reduce costs, boost efficiencies, improve sales and marketing and identify new markets for your products and services.”

Get your FREE trial now!

Start your free 14-day trial now to read this story and

Make. Work. Better.

Already a subscriber?

Reuse and Permissions: While social sharing is permitted, unauthorized reuse or republication of any and all content is strictly prohibited. To discuss re-use of this material, please contact: copyright@yourworkplace.ca ; 877-668-1945.

Share

Share on facebook
Share on twitter
Share on linkedin

Related Posts

Your Workplace is a premium source of leading-edge content to help you create a thriving workplace where everyone wants to work.

Contact Your Workplace

Tel: 613-549-1222
Toll Free: 1-877-668-1945
Contact Us

Whoa! Don't Go Yet

Sign up to receive free leading-edge content about people at work.

News letter