HCBE Faculty Articles

Title

The impact of a slowing economy on human resource professionals: managing workplace stress and coaching

Document Type

Article

Date

1-1-2009

Publication Title

Human Resource Management Review

ISSN or ISBN

1053-4822

Volume

9

Issue

5

First Page

8

Last Page

14

Description

The financial downturn that is impacting developed as well as developing economies are likely to get worse as the European countries, the US and others go into a deeper depression due to the increase in job losses which often follows recession. The slump in the market and increased job losses will have some important implications for the changing tasks of human resource professionals. As the unemployment continues to increase, HR professionals are likely to be dealing with more stressed employees who are the sole wage earners in their families. This article discusses the impact of the slowing economy on people as well as productivity and stress in the workplace.

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