The second markets turn south, HR managers at big & medium sized companies start hearing a couple of half-truths that get repeated so often that they begin to make sense.  Â
The first myth is that hiring gets easier when business is slow and companies are having trouble. True, there is less active demand for talent during a recession. If [...]
Tag Archives: recession
China HR Professionals must fight 2 bear-market myths.
October 22, 2008 – 12:56 am
China HR Professionals and a Global Hiring Freeze
October 17, 2008 – 12:58 am
China HR has to prepare for global recession
China is not yet feeling the full effects of the global recession, but some HR managers in Shanghai and Shenzhen already are. Â As more and more international HQs order hiring freezes - or worse, headcount reductions, HR managers in China are going to feel the pain.
Dr. John Sullivan [...]
China Compensation: Has your payroll suffered a recession cut?
October 16, 2008 – 2:40 am
Variable compensation. Performance based incentives. Commissions. Bonuses. Profit sharing. Employee Stock Ownership Plans.Â
These all such great ideas — when the markets are booming and business is growing. But in a depressed market (like ours) those plans turn into cruel jokes. I remember working for a NY dot-com firm just before the bubble burst. I received [...]
