2010 has already seen a few trends that stem from the 1981 recession. Tammy Erickson of the Harvard Business Review discusses some of the effects this recession will leave on the way employees do their work.
Because so many employers have used pay decreases and furloughs to cut costs, a good portion of the American workforce have chosen to maintain two jobs; their salaried and benefits job as well as an entrepreneurial project or part-time work at another company. The result of this is a buzzword for organizational managers everywhere- disengagement.
To counter the effects of the recession, managers have to use creative tactics to compete for their employees ?discretionary energy? which include other jobs and employee's personal lives. Some of the more popular tactics are flex work options. Taking advantage of technology, more managers are becoming increasingly comfortable with virtual work and ?off hours? employment. If the job does not require face-time with clients, many employers are okay with their staff coming in a few hours late in exchange for a few more hours at the end of the day or visa versa.
The bottom line is- the workplace is changing. As Harvard Business Review author Tammy Erickson puts it, ?Recessions unquestionably leave a mark on the way we work. These approaches companies use to respond to difficult business conditions don't only affect the company- they leave a lasting impression on the workers (and the workers? teen-age children).?
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