With so many pressures facing manager and business owners, saying “thank you” to your team may not seem like a top priority. There are sales targets to meet, budget to balance and expenses to manage. However, saying “thank you” can actually save you time and money in the long run. It can help keep employees motivated and engaged.
Over the past few days, there have been several news stories about Alberta’s increasing unemployment numbers, the difficulties some people are having in accessing employment insurance, and the challenges many are facing in finding work and making ends meet. It’s not an easy time and even with some cautiously optimistic reports that the economy may be starting to slowly pick up, it will still take time before we see job opportunities increase.
The news today isn’t good. A record number of Albertans are currently collecting Employment Insurance (EI) premiums. In fact, according to CBC, the number of Albertans collecting EI soared faster than any other province, with a stunning increase of 16.8 per cent to 57,000 in May 2009.
Summer has not been kind to many young people looking for work to help pay for school, get some pocket money or gain valuable work experience.
In a struggling economy, downsizing is inevitable as some companies are under pressure to just keep afloat.
It’s not easy to be an employer in today’s economy. As things have shifted dramatically in the past 12 months, employers have been faced with making tough decisions around cutbacks and layoffs. In many instances, employees are being asked to do more than ever.
I have always believed networking is an important piece to career development and succession. During tougher market conditions, networking moves to critical. People hire referrals far faster than unknown resumes because it can shorten and streamline the process, saving the employer time and money.