Below is how HR professionals can manage the employee retention after a number of employees are fired through downsizing activities -
1. Building confidence in the employees through organization of sessions with leaders by projecting a bright future if worked hard to achieve strategic objectives.
2. Clearly explaining the reasons for downsizing and how the existing employees are considered as cream as they are retained over others.
3. Ensuring positions of responsibility and ownership are increased while offering promotions as required to motivate the employees.
4. Working towards employee training and development.
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