Quick Takes

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Quick Takes: December 9, 2008

Quick Takes — December 9, 2008

A Digest of Workforce Management News and Events

Manufacturing Malaise: Government urged to cut interest rates to help companies withstand ‘sustained downturn’ heading into 2009.
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Yen for Employment: The country’s prime minister reportedly wants companies to also commit to raise employee wages amid tough times.
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Reason to Cringe: Freezing hiring and wages is viewed as a likely scenario, according to a SHRM poll.
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Buyers’ Remorse: Lower engagement and higher turnover result, accentuating business worries in a rocky economy, a recruiting group says.
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Check’s in the Mail: Tac Worldwide had misclassified nearly 1,000 nonexempt employees as being ineligible for overtime pay.
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First Article: British Trade Group: Manufacturing Job Losses ‘Accelerated’ Last Quarter


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