The Great Resignation: How to Handle Company Restructure

It’s no secret that company restructures can be tough on employees. With all of the changes that come with a restructuring, it’s important to keep your employees engaged and motivated during this time. Here are a few ways to do just that:

1. Communicate openly and frequently.

Make sure your employees are aware of the restructuring process and what changes will be taking place. Keep the lines of communication open so they can ask questions and voice any concerns they may have.

2. Be transparent about the rationale behind the restructuring.

Your employees will be more likely to accept the changes if they understand why the restructuring is taking place. Share with them the business reasons for the restructuring and how it will benefit the company as a whole.

3. Involve employees in the planning process.

If possible, involve your employees in the planning process for the restructuring. This will help them feel like they’re a part of the process and invested in its success.

4. Assure employees that their jobs are secure.

During a time of change, it’s natural for employees to worry about their jobs. Reassure them that their jobs are secure and that the restructuring is not a reflection of their performance.

5. Provide employees with opportunities to learn new skills.

A company restructuring is a perfect opportunity for employees to learn new skills. Provide training and development opportunities so they can acquire the skills needed to succeed in their new roles.

6. Recognise and reward employees for their hard work.

Restructuring can be a stressful and challenging time for everyone involved. Be sure to recognize and reward your employees for their hard work and dedication during this period. A little appreciation can go a long way in keeping them engaged and motivated.

Employees are hit hard by company restructurings at the best of times, but at a time when we’re seeing such high levels of departures within the workplace, it’s never been more difficult.

So how can you navigate this to ensure that morale within the workplace doesn’t fall? How can you create and maintain an environment that is conducive to creativity, even when times are tough?

Engagement during a company restructuring comes down to effective communication. As a manager, it’s your responsibility to ensure that your team is kept in the loop regarding what changes are happening, and more importantly, why these changes are taking place. Your team needs to understand that the decisions being made are not personal, but rather based on business objectives.

Be sure to also involve your employees in the planning process as much as possible. This will help them feel like they’re a part of the process and invested in its success. Furthermore, provide opportunities for training and development so they can acquire the skills needed to succeed in their new roles.

Finally, don’t forget to recognise and reward your employees for their hard work. A little appreciation can go a long way in keeping them engaged and motivated.

By following these tips, you can help ensure that your employees stay engaged during a company restructuring is the mere basics and essential.

According to the World Economic Forum, however, we are presently living in a “double-disruption” environment, where automation meets post-pandemic disruption, and mental health has seen a massive rise post-pandemic .

The Great Resignation has brought with it a great deal of change, especially in the world of work. Many people are finding themselves in new positions or having to navigate through a company restructure. It might be difficult to manage a team that is already restless while navigating a corporate restructure.

Here are some additional tips:

7. Encourage employees to take breaks and use their annual leave.

With so much change happening at once, it’s important for employees to take some time for themselves. Encourage them to use their vacation time and take regular breaks throughout the day to recharge.

8. Promote a healthy work-life balance.

The restructuring process can be all-consuming, but it’s important to promote a healthy work-life balance for your employees. Encourage them to disconnect from work when they’re not at the office and make time for activities outside of work that they enjoy.

9. Help employees manage their stress levels.

Stress can be a major contributor to engagement problems. Offer stress-management resources and support to help employees cope with the added stress of the restructuring process.

10. Keep the lines of communication open.

During a time of change, it’s essential to keep the lines of communication open. Encourage employees to share their concerns and ideas openly and make managers available to answer any questions they may have.

By following these tips, you can create an environment that is conducive to creativity and engagement during a company restructuring. What other tips would you add? Let us know in the comments below!

The tips above are just the basics for maintaining engagement during a company restructuring.

In short, effective communication, involvement in the planning process, opportunities for training and development, and recognition and appreciation are key to keeping employees engaged during a company restructuring. What other tips would you add? Let us know in the comments below!

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