Sourcing Interests Group: Stop riding the labor roller coaster
Apr 15, 2013 4:22:00 AM
With mixed economic signals, the impact on labor and hiring is usually spontaneous and volatile. Employers typically rush to increase headcount in response to good news, only to immediately slash labor costs when things go sideways. Knee-jerk reactions, as it relates to labor costs, are detrimental not only to a corporation’s long term profitability but to the morale of the rank and file as well.
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(Source: Sourcing Interests Group)