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4 Ways to Retain Employees During an Economic Downturn

April 21, 2023

Via: HR Hero

Talent management professionals have navigated 3 years of upheaval. From the sudden onset of hybrid and remote working models to major fluctuations in the labor market and the current global economic uncertainty, change has been the only constant. In addition to these challenges, there remains the enduring conundrum: how best to support, engage, and retain talent.

Snack pantries and foosball tables may have appealed to employees in the past, but the modern workforce wants a more substantive approach to engagement. Included below are four key human capital management strategies for companies to follow and if they get these areas right, they’ll know they’re delivering what truly matters to their employees.

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