Expect these recruits to be restructure-savvy. They know restructuring is here to stay and will be looking to join companies with good restructuring track records. How you fare will depend on whether you treated your folks right. Recruits will know how you did, because your employees will be telling them. What s important is that you be creative and assemble a package that will help employees move on to their next job.
Smart companies build packages with thoughtful low cost, no cost benefits.
The recent economy has led to another hot button, with many companies becoming lax in protecting themselves from legal liability while at the same time taking greater risks. Attorneys representing employees who sue their employers are describing this phenomenon as a breeding ground for lucrative lawsuits and quick settlements. They have made it no secret that they are ready to cash in. The good news is some companies are more attractive to them than others, and yours doesn t have to be one of them. Every company can take steps to make itself unattractive as a target.