From the Star-Telegram
Bosses rate morale as top issue
Posted Sunday, Apr. 18, 2010
The great lesson from the Great Recession isn't necessarily about bottom-line dollars and cents.
When 1,400 chief financial officers were asked about the greatest lesson they've learned from the recession, the No. 1 response was the need to "place greater focus on maintaining employee morale."
It was the top answer chosen by 27 percent of those interviewed in a recent survey for Robert Half Management Resources. Other key lessons: taking decisive measures faster to avoid multiple rounds of cost cutting and keeping enough staff to maintain productivity (22 percent each).
Those interviewed said sustaining employee morale is vital because once the economy revs up again, unhappy staff may be ill-suited to take advantage of improving markets or, worse, leave the company for better jobs. -- Detroit Free Press
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