Workforce planning is about building a resilient business and should be taking place across organisations of all sizes. With the way the business landscape changes and evolves, proactive workforce planning allows organisations to be better prepared for these occurrences.
Running a business while also navigating major life changes adds a layer of complexity that few understand. Striking a balance between the two is a challenge but not impossible
In the last few years, especially post-pandemic, people are often looking to find fulfilment in their jobs beyond the basic salary and benefits. The benefits of an engaged workforce are clear, but coming up with the right set of initiatives to build that engagement is a challenge all organisations face.
Let’s explore what downsizing is, the effect it has on employees and the organisation, and the role of the HR department in ensuring the process is as smooth as possible.