Entrepreneur and Family Business Council

Incenting the workforce is difficult enough when times are good. But in economic downturns, it becomes absolutely critical. As your business struggles to make profits in the midst of reduced customer demand, supply chain challenges and market crises, how do you improve the chances of greater employee performance and retention?

 

This article examines advice in four areas: high value knowledge, skills and characteristics; compensation and benefits packages and the culture.

 

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