Navigate Economic Uncertainty – Using HR As a Tool to Succeed

Navigate Economic Uncertainty

Unlock the Potential of HR During Economic Uncertainty

Uncertainty in the economy leads to uncertainty about how to take care of your business and your people. However, by utilizing HR operations and people effectively during economic turbulence, small and medium-size businesses (SMBs) can persist and may even strengthen their business for the long term. Faced with this uncertainty, what may startups and small businesses consider doing? 
Shift HR to a variable cost model
Focus on liquidity
Diversity your banking
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Find ways to avoid layoffs

Holding onto valuable employees is good for the long-term health of a business, not to mention morale, so finding ways to avoid layoffs may be beneficial as you watch for the economic climate to stabilize. 

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New rules? New strategies? Join 600+ small businesses at a webinar discussing key topics 100 days into a new administration.

Virtual Event

April 29, 2025

The first 100 days of a new administration can bring significant changes that can impact small and medium-sized businesses (SMBs). Join TriNet for an insightful discussion on what SMBs should know as new policies take shape with panelist in government relations, compliance, organizational development, and HR.

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The goal should be to reduce costs while maintaining employee morale, engagement, and productivity

Don’t hesitate getting started on making a plan that supports your people.

Book time with a TriNet HR consultant
Explore how we can support your unique business goals. We’re here to help you stay agile, compliant, and people-focused—no matter what comes next.

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Additional Resources

Why Companies Using PEOs Are More Likely to be Resilient
Why Companies Using PEOs Are More Likely to be Resilient

The resilience of small and medium-sized businesses is often tested by various economic and operational challenges. However, new data suggests that businesses working with Professional Employer Organizations (PEOs) experience significantly higher survival rates compared to their counterparts.

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Seven Ways to Help Control Runaway Health Insurance Benefit Costs
Seven Ways to Help Control Runaway Health Insurance Benefit Costs

In an effort to help control huge increases in health insurance renewal premiums, you have probably considered many of the obvious approaches, including reducing the employer contribution. While that certainly is an option, it can have negative impacts on employee morale and attrition rates, making hiring new talent more challenging. So, what are some other approaches?

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HR Compliance Trends: What's New
HR Compliance Trends: What's New

Staying updated on the ever-shifting employment-related rules and requirements and industry standards can help organizations mitigate litigation, penalties, fines and the bad press that can result from non-compliance. 

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