How can you prepare your employees with a looming recession on their minds?



Change is always consistent in business, but a recession tends to weigh on employees' minds and they will question their financial security. Times are equally interesting as the job growth doesn’t seem to signal a recession. How can you prepare?

"Overcome fear by adapting norms within the workplace, in a way that gives both managers and employees the right tools to allow them to be more creative and less stressed – operating in a psychologically safe environment. Consciously adopting certain mindsets and behaviors opens doors and provides support, so that everyone in a business can both feel and work at their best."

“It is essential, no more than ever, that leaders have a growth mindset without being inflexible to change, innovate and transform, while knowing it’s okay to fail and try again.”

https://www.ceotodaymagazine.com/2022/07/how-we-can-make-work-better/

The conversation about work from home or hybrid work is continuously being discussed.

Will employees still have the upper hand regarding work from home or hybrid work?

https://www.cnbc.com/2022/05/22/what-a-recession-means-for-workers-battle-over-return-to-office.html

But is it possible these work structures can help companies during a recession?

https://fortune.com/2022/08/08/why-recession-boost-remote-work-leadership-careers-gleb-tsipursky/

Many tech and big companies are laying off, but “Gangbusters job growth adds more confusion to recession worries, economist say.”

https://www.cnbc.com/2022/08/05/gangbusters-job-growth-adds-more-confusion-to-recession-worries.html