When the economy becomes unpredictable, companies often look for ways to reduce spending. One of the first areas leaders review is employee compensation. But making the wrong changes too quickly can hurt morale, reduce productivity, and push top employees to look elsewhere.
A recent article from Forbes Human Resources Council featured advice from HR and business leaders across the country, including William Stonehouse III, President of Crawford Thomas Recruiting.
Stonehouse shared that companies should focus less on across-the-board cuts and