Episode 04: Talent Acquisition: Managing Dramatic Downsizing and Upsizing

Whether the Coronavirus pandemic has affected you negatively or positively, in episode 4 we discuss practical strategies on how to manage your temporary staff’s sudden increase or decrease effectively.  We will touch on current legislation, leveraging the resources you already have, and some financial strategies that about 60% of our listeners have not considered.  Stay tuned for a business reality that is easy to embrace.

 [01:53] – Managing staff that are temporarily laid off but needed after the pandemic is over and STC legislation programs

[04:09] – 4 tips if you are downsizing, including: communication with the workforce, forecasting, leveraging the marketplace, and retention bonuses

[09:30] –3 tips if you are up-sizing (where are the labor pools?)

[15:18] – Unique strategies that are contrary to popular practice: Reconsidering pay rates and ensuring strong attendance

[18:05] – A financial strategy most don’t consider