Search
 

Motivating employees takes flexible approach

When the recession first hit, many employers looked at ways to cut costs immediately. Many employers reduced staff or eliminated 401(k) matching, but these rash moves often turn out to be mistakes, says Jackie Greaner, North America leader of talent management at Towers Watson, a global professional services company in...

By Amanda McGrory-Dixon | Updated on April 13, 2012

When the recession first hit, many employers looked at ways to cut costs immediately. Many employers reduced staff or eliminated 401(k) matching, but these rash moves often turn out to be mistakes, says Jackie Greaner, North America leader of talent management at Towers Watson, a global professional services company in New York City.

“Employees want to see their company trying different techniques or different strategies to accomplish the financial goal, even if they are belt tightening,” Greaner says. “How the company gets to those cost reductions through those recessions and down phasing says a lot about the company’s values, the culture, and how employees are respected and appreciated. It’s companies that don’t do that well that have made some significant mistakes.”

Complete your profile to continue reading and get FREE access to BenefitsPRO.com, part of your ALM digital membership.

Your access to unlimited BenefitsPRO.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical BenefitsPRO.com information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com

Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Recommended Stories

BenefitsPRO

Join BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join BenefitsPRO.com now!

  • Unlimited access to BenefitsPRO.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
  • Exclusive discounts on BenefitsPRO.com and ALM events.

Already have an account? Sign In Now
Join BenefitsPRO

Copyright © 2024 ALM Global, LLC. All Rights Reserved.