Tariffs Challenge HR: Balancing Costs and Employee Morale
Dilip notes that tariffs raise costs, affecting commuting and lunches. HR must decide on layoffs, benefits cuts, or office mandates. Companies reassess policies to boost engagement and reduce burnout. Dilip emphasizes, “Companies that offer even modest, thoughtful benefits tend to have the highest retention and morale.” Practical, people-first benefits will strengthen organizations during economic challenges.