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The impact of the global financial crisis on managing employees

Anthony McDonnell (School of Management, University of South Australia, Adelaide, Australia)
John Burgess (School of Management, Curtin University of Technology, Perth, Australia)

International Journal of Manpower

ISSN: 0143-7720

Article publication date: 7 June 2013

4785

Abstract

Purpose

This paper aims to provide a brief overview of the global financial crisis (GFC), highlighting its most frightening dimensions, the policy responses and issues around the management of labour during and post‐GFC. Further, this paper introduces the five research papers that encompass this special issue.

Design/methodology/approach

The papers presented here are early contributions on how the GFC has impacted the management of people. The key areas focused upon include the human resource management responses of multinational enterprises, the response of trade unions, the roles of employee representative bodies and the rationalisation of post‐crisis managerial strategies.

Findings

The major conclusions of this special issue are that the impact of the GFC was variable across countries and sectors in addition to the process of decision making, the types of decisions made, and the determinants and consequences of those decisions.

Originality/value

The papers of the special issue provide some of the first empirical findings on how the GFC has impacted on people management, trade unions and the HR function in different contexts.

Keywords

Citation

McDonnell, A. and Burgess, J. (2013), "The impact of the global financial crisis on managing employees", International Journal of Manpower, Vol. 34 No. 3, pp. 184-197. https://doi.org/10.1108/IJM-04-2013-0076

Publisher

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Emerald Group Publishing Limited

Copyright © 2013, Emerald Group Publishing Limited

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