CFOs Advise Keeping Employees Happy

The biggest takeaway from the recession for employers could be taking better care of their workers, according to a recent survey of chief financial officers.

When asked, “Which one of the following is the greatest lesson you have learned from the recession,” nearly three in 10 (27 percent) of the 1,400 CFOs surveyed by staffing company Robert Half Management Resources said they learned to place greater focus on maintaining employee morale.

Twenty-two percent of the CFOs cited the value of taking decisive measures more quickly to avoid multiple rounds of cost cutting, and an additional 22 percent recommended making sure they had enough staff to maintain productivity. Another 15 percent recommended implementing more detailed succession plans for the company.

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