Hold on to your stars

In today’s potent atmosphere of financial uncertainty, many companies around the world are changing the way in which they conduct business especially in New Zealand. As revenues decrease, so too, does the ability for businesses to keep staffing at optimum levels. Furthermore, affected businesses can no longer afford to offer services (i.e. training, career development, etc.) that were once offered in more promising times.
However, it is important to remember the value of keeping the employee/employer relationship strong. In New Zealand, this can be attained by striving to create a fun and, when appropriate, light-hearted atmosphere. And, although it may seem overly-obvious, showing appreciation for the role of each employee is of the utmost importance. Ensuring that every employee knows that he/she is a valued member of the company, will encourage those who were laid –off during difficult times, to return to the company when economic conditions improve.
http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=10627441