HR Programs Feel Impact of Economy
Eighty-nine percent of Latin American companies have made changes to their HR programs in response to the economic crisis. Of these, 47 percent implemented changes globally, 38 percent adopted measures in only their country and 15 percent made changes across Latin America. [Español]
Keep Your Eye on the Ball: Sales Effectiveness and Compensation in 2009
When experts discuss the best path out of an economic downturn, they typically describe a back-to-basics approach. Similarly, Watson Wyatt has observed the best sales leaders also are focused on sales fundamentals as a means for growing out of the downturn. [Español]
Reducing salary increases, freezing hiring and eliminating training and development are steps Latin American companies have taken to address the economic crisis. Watson Wyatt's Marco Santana discusses findings from a recent survey.