DISQUS

Hi Frank: you know, when the economy is good companies still struggle to keep talent, because many of their competitors are hiring and willing to pay more for scarce talent pools. The point about pay leverage is interesting, this means that companies are actually smart to setup high variable amounts so that their costs adjust with how they perform. Retention though, is another issue. Time for the good old "case by case" adjustments for those employees the company really cares about, when available.

Yep, and it is time for every manager -- not just HR managers, but people managers too, to re-prioritize what's important, and to speak to employees like real humans. Not " my direct report" or "employee badge 127", but a person like you and I. There is not going to be a miracle answer to the economic situation, it will have to work itself out and this will take a few more months. To everything there is a positive side. Crises give companies the opportunity to take the non-sense out of work. Let's do it.