Managing Morale: Layoffs, Cost-Cutting and Commitments

The greatest loss to a company during an economic downturn may not be financial. It is often the loss of trust, respect and confidence between management and employees. But rather than make massive layoffs, many organizations are taking a more intelligent and nuanced approach to cutting their costs—and taking care not to alienate their top performers. During this session, learn how to make targeted, strategic workforce reductions and cuts in other discretionary spending, as well as how to balance wages, pay increases and reductions in annual incentives and bonuses in ways that can actually solidify the employee relationship.
Moderator:
John Ceresani, Principal, The Pharos Group, LLC
Speakers:
Frank Bellis, Partner, The Pharos Group, LLC
Tom Brosig, Owner, The Brosig Group
Gene Clark, Senior Vice President, Human Resources, Penn National Gaming, Inc.
Tami Corbin, VP of Human Resources, International Game Technology (IGT)