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Optimize workforce investment and transition your workforce beyond the crisis
Five best practices for your COVID-19 workforce transition strategy
COVID-19 is causing a great deal of uncertainty and raising issues that require a thoughtful, people-first response. Billions of workers across the global workforce have been affected as a result of the pandemic.
Lotte van der Waa | Lieke Diependaal | Ad Bourgonje | Alina Gagarin | Anne-Marie van den Belt - May 27, 2020
Organisations need to respond to decreasing demand and changed ways of working. The current outlook shows that reorganisations are increasing in their frequency and intensity around the globe, with an expected spike in the next 12-18 months. Inevitably this comes with the need to manage workforce transitions as a result of organisation transformation decision.
Prior economic downturns and pandemics can provide us with valuable experience regarding workforce transition in times of crisis. While organisations recognised the importance of workforce management during crisis, financial short term priorities dominated the decision process for how to deal with the workforce. In moments of uncertainty and concern, it’s not only what you do but equally how you do it that matters. Deloitte has a wide range of experience in this field and we recommend the following five best practices for your workforce transition strategy.
- Use analytics to optimize your workforce investment
- Protect key talent for future success
- Plan ahead for cyclical labour-swings
- Use specialised legal counsel
- Transition the workforce with compassion
Learn more about these five best practices for your workforce transition strategy by downloading the report.
Workforce transformations are complex programs that should not be underestimated, but if handled well can really set your organisation up for success. Recovering from this immediate crisis could be the accelerator in the move to the workforce of the future.
For more information about the best practices for Workforce strategies post COVID or the Future of Work. Please do not hesitate to contact Amir Rahnema, John Smolenaers or Egon Hoppe via the contact details below.