SHRM honors HR people who avoided layoffs
Now this is interesting in the context of the current economic downturn. I hope SHRM makes these cases available to all to read.
The Society for Human Resource Management (SHRM) honored 15 of its members today for creating HR solutions that are successfully helping their companies survive the current economic crisis by avoiding layoffs, saving money and maintaining morale.
Called the “SHRM Economic Stimulus Prize,” $1,000 prizes were awarded to individual HR professionals whose HR strategies produced a measurable and positive impact on business operations.
The winning case studies highlight best HR practices to:
- attract and retain talented employees through leadership training and career development;
- create cost cutting strategies to avoid layoffs;
- reduce health care costs through employee wellness programs; and
- implement financial literacy programs that help employees cope with the difficult economic circumstances.