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Tough Economic Times Drive Triad Companies to CAI |
Tough Economic Times Drive Triad Companies to CAI |
| Written by release author | |
| Friday, 18 July 2008 | |
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The only employers’ association in the Triad helps companies manage difficult workplace issues such as layoffs, discrimination claims, workers’ compensation compliance, and maintaining high employee morale.
Greensboro, N.C. – Capital Associated Industries, Inc., (CAI), the largest employers’ association in the state, works with approximately 300 Triad companies, both large and small. In good economic times, the human resources function is imperative to managing hirings, 401(k) s, and other benefits. Yet, representatives of CAI say in recent months they’ve focused their efforts on helping companies manage particular human resources issues that arise during a sluggish economy. According to the state’s Employment Security Commission, unemployment in the Greensboro-High Point metropolitan statistical area reached six percent in May of this year, the highest it had been since June of 2004. Employers often turn to layoffs in tough economic times, but this can affect the rest of the workforce too. Unsworth says remaining employees can become fearful of uncertainty and as a result turnover becomes an issue. Claims of age discrimination may also be made over choices of which employees are laid off.
About CAI, Inc.
CONTACT: Alison Beckwith This e-mail address is being protected from spam bots, you need JavaScript enabled to view it 919.459.8157 |
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