News Article - 30 January 2009
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Businesses looking to increase the productivity of their workers have been advised that reassurance and good communication are both "essential" in keeping staff motivated throughout the recession.

Lucy Davison, associate director at FSS - a specialist financial and banking operations recruitment consultancy - said that if redundancies needed to be made they would be, but that it was the way in which this message was delivered that would prove to be key to the success of the operation.

"As soon as there is a lack of communication, this is when Chinese whispers often begin and that can massively affect morale," she explained.

However, according to a recent FSS report, two-thirds of employers will keep their permanent hiring of finance professionals at the same level, while 15 per cent will increase their financial headcount during 2009.

Furthermore, the study predicted that there may be a potential rise in interim management assignments driven by the need for technical expertise for projects around improving cash management, cash flow forecasting and financial control.

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