You have a company that was hit hard by a recession. It had to lay off...

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You have a company that was hit hard by a recession. It had to lay off 25% of its 1,000 employees. And those that we left had to take a 15% pay reduction and also take on additional responsibilities of those who were laid off. Over the next 3 years, the economy got better, pay rates were restored, and hiring began again so that workload was reduced previous levels. However, the company realized that morale had been more permanently negatively affected than the had first realized. • How can the company best work with HR to strategically address increasing morale? You have a company that was hit hard by a recession. It had to lay off 25% of its 1,000 employees. And those that we left had to take a 15% pay reduction and also take on additional responsibilities of those who were laid off. Over the next 3 years, the economy got better, pay rates were restored, and hiring began again so that workload was reduced previous levels. However, the company realized that morale had been more permanently negatively affected than the had first realized. • How can the company best work with HR to strategically address increasing morale?

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The image shows a text describing a scenario in which a company experienced a significant downturn during a recession leading to layoffs and pay reductions for its employees Specifically the company h... View the full answer