Economic Downturn: HR News, Trends & Workplace Insights

Latest Economic Downturn HR Trends, workforce insights, and expert analysis. Stay updated with the latest news on Economic Downturn.

Updated on: Nov 2020
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Keeping employees engaged during the recession
Culture & Behaviour

Keeping employees engaged during the recession

Macroeconomic indicators which means production as measured by Gross Domestic Product (GDP), employment, investment spending, capacity utilization, household incomes, and business profits……….when all of this fall, that’s when the alarm rises! For once, if we look at these indicators, one might question what has it to do with HR? But unfortunately, it does because all […]

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India Inc Needs Skilling, Reskilling, Upskilling in Recession
Economic Slowdown

India Inc Needs Skilling, Reskilling, Upskilling in Recession

In weak economic times, firms typically focus on efficiency and put high scrutiny on hiring numbers. Hence, the young talent labor market specifically at entry levels is more likely to be at the receiving end of unemployment/temporary jobs. Essentially, there is clear evidence that shows the impact on young talent due to slowdown. Research on […]

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Preparing the Workforce during Global Slowdown
Economic Slowdown

Preparing the Workforce during Global Slowdown

The present scenario on physical health across the world is of extreme precaution due to Corona Virus. Similarly, there is a growing concern on the economic health of the global economy due to the cumulative effect of various factors. The issues that continue to weigh down the global economy are trade policy uncertainty, geopolitical tensions, […]

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The Impact of Recession on HR Practices
Economic Slowdown

The Impact of Recession on HR Practices

No one saw the recession coming- Gordon Ramsay Very apt to understand that nobody is or can be actually fully ready as we don’t see it coming. This is where and why HR has been more predictive, intuitive and prepared to meet the need of time. It’s wise to PREPARE for worst and sail through […]

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HR Challenges & Opportunities in Economic Slowdown
Economic Slowdown

HR Challenges & Opportunities in Economic Slowdown

“When the going gets tough, the tough gets going.” (When the situation becomes difficult, the strong will work harder to meet the challenge.) Today’s most vehemently conversed and the discussed subject is global ‘Economic Slowdown’; right from the security guard to the top bosses of an organization, all seem to have some opinion or other, on […]

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Workforce Management in Recession – HR Strategies
Economic Slowdown

Workforce Management in Recession – HR Strategies

Being ahead with time has become a necessity in the current time. Change is taking place everywhere in our surroundings and the change has been only constant in the business. Recently in my organisation, the name of “HR department” has been changed to “People and Culture department” as we work for people and culture of […]

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How prepared is PepsiCo for an Economic Slowdown
Economic Slowdown

How prepared is PepsiCo for an Economic Slowdown

Exclusive Conversation with Pavitra Singh, Chief Human Resources Officer, PepsiCo India Pavitra Singh currently heads HR for PepsiCo India. With 18+ years of work experience leading large teams across geographies, she has held leadership positions across a variety of roles. From Center of excellence roles like Talent Management, L&D, Culture, D&I, Talent Acquisition to operating HR […]

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The Role of HR in Economic Downturn
Economic Slowdown

The Role of HR in Economic Downturn

See-saw sacred own…the downturn certainly doesn’t stay down! As I jogged in the park, my eyes fell on three kids who were playing on the see-saw in a very unique manner. While two kids were going up and down on the see-saw, the third on was precariously trying to balance the two at the same […]

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