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Unlike previous economic crises, sustained government policies have masked the ill effects of long-term easy monetary policy. As government tools that hide these effects weaken, hard-working people will face a rough transition in their employment relationships. Transparency and predictability are the most basic expectations in any relationship, including an employment contract. Avoiding ecosystems prone to suboptimal outcomes with personal and professional costs is optimal. Minimally, it is prudent to predict involuntary separations to minimize impact. Read the article here.
Author: John Oommen.
By John OommenUnlike previous economic crises, sustained government policies have masked the ill effects of long-term easy monetary policy. As government tools that hide these effects weaken, hard-working people will face a rough transition in their employment relationships. Transparency and predictability are the most basic expectations in any relationship, including an employment contract. Avoiding ecosystems prone to suboptimal outcomes with personal and professional costs is optimal. Minimally, it is prudent to predict involuntary separations to minimize impact. Read the article here.
Author: John Oommen.