Staff Management: Diet or Amputation?

Financial pressures are pushing businesses into tough decisions, says Patricia Wheatley Burt of HR consultancy Trafalgar.

• Businesses need to get the balance between risk and reward right
• 'Amputating' staff and departments is a huge risk
• Putting the business on a 'diet' but cutting salaries and benefits could be more effective
• Beware when using interim staff and ensure you're getting value for money.

Article published on AccountingWEB - 7.7.2009