How Not To Lead In a Bad Economy

The down economy stresses everyone in the workplace – including the boss.

But unless you are implementing an overall reduction in force, the last thing you want to do is threaten employees. It costs a substantial amount of money to replace an existing employee.

Yet that’s what’s happening in many businesses right now – here are some examples:

  • Managers are more reluctant about granting sick leave or holiday pay.
  • Employee reviews are more negative than usual, perhaps due to the fact that managers are paving the way for a justified firing (so they don’t have to do a layoff).
  • Employees are forced to do the work of two people without getting additional compensation.

Not the way to lead!

Find ways of making employees work better – and more efficiently. Consider any of the following:

  • Flex scheduling that accommodates school visits, doctor appointments-or just personal time
  • Telecommuting, from one day a week to full time
  • Compressed workweek (for example four 9-hour days, or three 12-hour days)
  • Job sharing (where typically two people share one full-time job, often overlapping for 1 day)
  • Part-time seasons for full-time workers (that is, like a school schedule—work full time most of the year, part-time or not at all during the summer)

Courtesy Eve Tahmincioglu in msnbc.com

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