HomeBusinessManaging your workforce in a challenging economic climate

Managing your workforce in a challenging economic climate

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Employers body IBEC this week announced plans for a practical information briefing for employers in Limerick, Clare and North Tipperary on the critical people management issues that businesses have to face to survive this recession. 

The event will take place between 8.30am and 10.30am on Tuesday, 24 February in the Strand Hotel, Limerick

and is open to all, IBEC members and non-members alike.
“The economic downturn is causing concern for employers in numerous areas of their business,” stated IBEC director for the Mid-West, Chris O’Donovan.
“The role of management is to chart a course through these challenges. In doing this, IBEC can provide the support and advice that a business needs in order to position itself to weather the storm and come out stronger at the other end.”

The briefing will identify the options and risks for businesses to consider when making decisions on pay costs, downsizing and absenteeism, among other issues, in the current economic environment.  It will also highlight key legal issues involved when addressing people management issues.
In 2007, National Employment Rights Authority (NERA) inspectors carried out over 14,000 inspections and detected 2,344 breaches of employment legislation securing almost 2.5 million euro in arrears for employees. Compliance with constantly changing employment law is becoming more challenging than ever.

Membership of IBEC provides companies with access to specialists in a broad range of business areas including human resources. Local services include practical industrial relations assistance, including IBEC attendance at any third-party representation. Your local office is also a mechanism to ensure policy issues of local importance are raised at national level.
If you would like to attend the briefing, please book online at www.ibec.ie/0/briefing or contact the IBEC office direct.

The IBEC briefing will specifically focus on three major topics:
Understanding your costs
Payroll costs are a significant cost in every organisation. IBEC will guide you in how to scrutinize your pay costs so you can ensure every element is adding value.
What to examine in reviewing pay costs; How to measure the cost of absence; Sector, national and international comparators.
Reducing your costs
What are your options and what do you need to consider to make the right decisions? Redundancy; Lay-off and short-time working; Pay reductions; Leave; Implications of the national wage agreement.
Managing your people
For those left behind, how do you cope with the ‘survivor syndrome’; Communications- who, when, how?; Managing performance, cross-skilling; Managing absence; Recognition – at no cost

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