Protect Your People, Strengthen Your Future: Smarter HR for Uncertain Times
Goldman Sachs predicts a 15% risk of recession in 2025, and JP Morgan puts this estimate at 35% by December. These uncertain economic forecasts make many organizations focus on human capital management in a volatile economy to stay sustainable.
Salesforce data shows organizations that implement strategic HR practices cut costs by 11-30% through process automation. Companies report the highest ROI from HR automation at 18%. Layoffs don’t always solve the problem – during the 2009 recession, 55% of HR leaders who increased their layoffs struggled with long-term recovery challenges.
Organizations can overcome these economic challenges without cutting their workforce. This piece outlines proven strategies that protect your human capital – your organization’s most valuable asset. These approaches help optimize operations and build resilience for what lies ahead.
Use this Link to read more: https://merrittbusiness.solutions/business-management-resources/human-capital-management-proven-methods-to-prevent-layoffs-in-2025/
