6 Ways to Recession-Proof Your Workforce

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Sharpen Skills

Help your workers continually enhance their skills. In effect, your workers are another form of capital, and you don't wait years to upgrade technology or machinery if you can avoid it. You can opt for conferences or courses at a university, or maybe encourage a mentorship. Or just read a book on a complicated topic. "You want to feel like your skills are being sharpened either to stay where you are, or to go where you want to go," says Armstrong.