Many corporations have been managing through bad times. There has been serious pressure from low business levels, plunging profits, the need to cut expenses, and noise from unhappy shareholders. If this reality is properly communicated to employees in the form of actions necessary to keep the organization financially viable (and jobs on the payroll), most workers will rally and paddle in tandem with management to weather the storm. They don’t need to be threatened or abused, and they mustn’t be taken for granted.
Better days are coming, slowly but surely. Imagine what will happen as the tumultuous tides recede and your employees have a chance to contemplate their hard-won survival…
• There will be resentful people that will hold a grudge for how they were treated during bad times. The next perceived loss suffered at the hand of the corporation may be the last straw. (Remember the guy in the movie Office Space who set fire to the place because they took his stapler away from him?)
• Some talented individuals have been tolerating abuse just until the job market opens up, and they have an opportunity to go somewhere they will be appreciated and well compensated. That’s the bitch about taking advantage of the passing fears of your employees.
Take a good look around at your team. Are they listless, exhausted, and shell-shocked? Do they show signs of being disengaged, unmotivated, or even angry? You’d better be talking with them, thanking them sincerely and repeatedly for their efforts, supporting them through this recovery period, and helping plan their career development. If you take them for granted much longer, they may just be ready to move on. Opportunity is burgeoning in 2011.