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Buckinghamshire Human Resources Consultants & Specialists

How are businesses in Aylesbury going to survive the recession?

With recession now biting hard we decided to interview local businesses to hear what they were experiencing and discover what they were doing to combat the recession. Jane Chilman at People First Associates has shared their thoughts below, we would like to hear yours and provide your business with FREE advertising.


Jane Chilman at People First Associates says ...


Buckinghamshire Human Resources

We recognise this is a difficult time for all businesses large or small and accept that often cutting staff is considered the quickest way to reduce costs. However we strongly believe there are many other alternatives and options available which businesses need to consider before going down what is considered by most to be a painful and damaging route.

Even though some businesses can only think about today we recommend they don’t act rashly or be short sighted, to think about the future, consider the loss of key skills, the damage to their reputation as both a business and as an employer, the effect on their service levels and the effect on the well being of those staff left behind.
Below we have listed some of our top tips in managing people during this difficult time. We are happy to offer any businesses a free telephone consultation without obligation.

Our top tips for managing your workforce

  • Think creatively about how to reduce employment costs, such as new ways of working and work reorganisation.
  • Making people redundancy can be expensive – look at alternatives
  • Take advantage of natural wastage and/or offer voluntary redundancy terms – redundancies can have a serious negative impact on morale and performance.
  • Cut back recruitment and review your use of temporary staff.
  • Retrain employees whose skills are no longer in demand and redeploy employees to other parts of the organisation where possible.
  • Reduce or eliminate overtime working.
  • Consider short-time working, temporary lay-offs or sabbaticals.
  • Plan reward strategies carefully – especially if the scope for pay awards is restricted. Encourage staff to suggest how jobs can be done more efficiently and costs saved. 
  • Keep employees in the picture even when there is little concrete news. 
  • Recognise the psychological burden and impact that can arise in a recession – make sure workplace support and occupational health provision are in place to prevent high levels of work-related stress.
  • Consider opportunities for flexible working to help employees balance their work and home lives.
  • Recognise the potential negative impact of ‘survivor syndrome’ if your business makes redundancies – the employees that remain often suffer from guilt while coping with increased workloads.
  • Start thinking about how you will handle redundancies, large numbers will require planning to comply with statutory requirements.
  • Make sure you understand the law relating to redundancies and review procedures.
  • Establish a policy and procedures to be used if workforce reductions are unavoidable.
  • Manage any redundancy situation in a fair and equitable manner.  

 


Thank you to Jane Chilman at People First Associates. If you have some thoughts and ideas to share and would like your company to appear on this blog then please read on for details.

People First Associates - contact Jane Chilman

Buckinghamshire Human Resources

People First Associates primarily supports businesses that require the skills of a Human Resources specialist with the experience and knowledge to support specific business needs just when they need it.

Based in the Aylesbury area but with offices in Ascot and Oxford, we see ourselves at People First Associates as an extension of your business and like our clients to feel that the service we provide is one that would be in place if they had a permanent human resources function on site, i.e. providing that personal touch and being easily contactable.

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Do you have any recession busting ideas to share?

  • If you have any comments please provide your comments below. If you would like to answer the question...“How are businesses in (your town) going to survive the recession?”. Share your ideas with us today and we will create a web page for your business here FREE.
  • The only requirement is you must be a business in either Oxfordshire or Buckinghamshire, UK.


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