Testing economic times provides the ultimate “stress test” for human capital strategies. A challenging business environment, combined with factors like globalisation and ageing workforces, will require creativity in identifying and implementing programmes that best balance human capital priorities with short-term and long-term business imperatives.

Organisations in certain industries - financial services, retailing, construction - have already begun planning for tougher times. Other are now giving serious thought to ramifications of doing business in an economic downturn and are planning stronger actions for 2009.

In a recent web briefing, Mercer experts discussed the HC management strategy and tactics for challenging times. During this one-hour web briefing, Mercer talent and compensation experts have share insights which will could help you develop human capital solutions to weather testing times and keep steady for brighter days.

The webinar recordings and view the presentation deck are accessible from this web page:

 View recording

 Download presentation  

Related resources

We have also compiled a list of related links which maybe of interest to you.

 Human capital management strategy for testing economic times: Europe report 

The research in this report was undertaken between May and August 2008 regarding the impact of the economic downturn on HC management strategy. The primary data was collected from 35 participating companies, spanning 19 industries from 9 countries.

Five key areas have been explored: guiding principles and lessons learned in a slow economy; workforce recruitment; benefit, retirement and reward programmes; performance management and retention; and HR functional effectiveness. 

   
 Global Compensation Planning resource centre

This site provides a compelling blend of insights and data which is designed to help you make effective compensation decisions for 2009 and beyond so that you can attract, retain and reward the talent your organization needs to succeed. In addition you can view our automated magazine "Global Compensation Planning 2009".

 Executive Remuneration Perspectives

Executive remuneration continues to hold the attention of shareholders, regulatory agencies and the media. This publication is devoted exclusively to matters involving executive remuneration and governance.

 Compensation management in Europe report   

The aims of this report are to analyse  the current state of compensation management in Europe, shed light on its development in the near future, and begin a larger discussion on the evolving role of the compensation function.  

To learn more on Compensation Management in Europe or to purchase the full report, please visit our dedicated site: www.mercer.com/compensationmanagementEU

 Global Total Rewards report

This site showcases how Mercer can help organisations develop and implement Total Rewards strategies that support their business strategy and add to their profitability.

Please do not hesitate to contact us if you have any further questions or queries.