In this editorial, Brown shares his views on why you should retain longtime employees. The cost of poor people management When business suffers, workers are punished with job losses, while senior management descends with golden parachutes. The crowning insult is that people who understand the company best and have the knowledge to fix it have just been let go. This loss of productivity is palpable, but it doesn't necessarily show up in departmental budgets. Companies mistakenly outsource strategic assignments when they should assign contractors to the mundane, tactical undertakings.
Companies abhor spending, but the total long-term costs of layoffs are incalculable.
Building new relationships and bringing part-timers up to speed are among the expenses. It's one of the enduring paradoxes of the Information Age. We maintain and support our computer hardware better than our workers. It's supposed to give workers the ability to chart their own course. This kind of churn is supposedly a good thing for a recruiter like me.