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Economic uncertainty and cost-cutting often go hand-in-hand for businesses. It makes sense: if the top line is going to look different, the way funds are allocated should be reviewed. This might involve reducing unnecessary company expenses or even layoffs.
While you focus on the efforts that ensure more immediate results, it’s key to remember that employees will always play a vital role in the long-term success of your organization. Managing employee compensation should remain a key priority and constant. It’s a way to ensure your company remains competitive and capable during and beyond uncertain times. Below, you’ll discover insights into
