Handling change effectively is key

|Canadian HR Reporter|Last Updated: 07/06/2001

Layoffs are increasingly making headlines and the personnel impact of those cuts can go far beyond the employees whose jobs are eliminated, according to new research.

According to the American Express Incentives Services survey, more than half (55 per cent) of employees surveyed would likely seek other job opportunities if their company laid off a significant number of workers.

However, the research also shows that verbal reassurances from the employer and incentives that demonstrate the company’s commitment to the employee can turn that number around.