5 Key Steps to Ensure Your Organization is Recession Ready

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Many economists anticipate a recession in the U.S. within the next two years. Rather than just react to the news, human resources and talent management leaders can help your organization plan now for the potential of decreased funding sources, donor dollars, and resulting tighter budgets.

Nonprofit HR highlights steps to begin the conversation with your organization’s team to get recession ready, including using relevant metrics in planning, evaluating opportunities to scale back and avoid staff impact, evaluating creative staffing structures, documenting existing performance issues, and proactive, open, and transparent communication with staff.

 

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