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Five ways to instil resilience in your team during economic uncertainty

With economic uncertainty, rising costs, and employer

National Insurance increases, businesses are facing tough times. Minimum wage hikes and higher retailer costs only add to the strain. While managing these challenges, don’t forget your employees-many are feeling the pressure too. Keeping them engaged and resilient is key to navigating uncertainty.

1. Clear communication

Transparent communication builds trust, morale, and resilience. Regular updates on business challenges and encouraging feedback help employees feel informed and valued.

2. Invest in well-being

Supporting employee well-being boosts confidence and productivity. Regular one-on-ones help address concerns early. Employee Assistance Programmes offer confidential mental health support at an affordable cost.

3. Management training

Continuous learning strengthens leadership and business resilience. Management training courses - whether in-person or online - help you stay competitive and navigate challenges effectively.

4. Encourage innovation & ownership

Involving employees in decision-making fosters motivation and commitment. Encourage brainstorming sessions and feedback to unlock fresh ideas and strengthen team engagement.

5. Seek professional advice for business changes

If redundancies or employment changes become necessary, ensure fairness and compliance. Professional advice can prevent legal risks and employment tribunals.

By prioritising communication, well-being, learning, innovation, and compliance, you can build a resilient team to weather economic uncertainty. Need support? Get in touch today.

If you are looking to outsource your HR completely or just need help with a oneoff project, our HR and employment law solutions will support you in achieving your business goals.

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