The Changing Employer-Employee Relationship

"What can employees fairly expect from their employers in times like these? In tough times true character is revealed—this is just as true for companies as it is for individuals. The way employees are treated when the chips are down says a great deal about what really matters to employers. Ironically, these difficulties provide opportunities for employers to earn tremendous loyalty from their workforce. Of course, if the cards are misplayed, the damage in employee relations can take years to repair. Employers need to communicate tirelessly and strive for transparency. It may be all they have to offer employees in such resource-constrained times."