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Philip M. Berkowitz, partner at Nixon Peabody, writes that retaining key employees can be especially difficult at a time when many companies are undergoing restructurings, laying off employees and freezing salaries and benefits. In the current economic climate, he says, employment attorneys must be proactive in advising clients on effective retention strategies and compensation techniques, and the host of legal issues they raise. Companies can't afford to wait until they start losing employees, Mr. Berkowitz cautions, before they start updating their retention programs.
May 14, 2009 at 12:00 AM
1 minute read
Presented by BigVoodoo
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