Human Resource Management in Times of Economic Uncertainty: Lessons from Financial Crises.

Abstract

This scholarly paper examines the collection of empirical studies on human resource management during crisis situations. It encompasses research conducted both before the onset of the COVID-19 pandemic and studies published in the aftermath of the pandemic's outbreaks. Thefindings point to the significance of Human Resource Management (HRM) in guiding organizations through times of economic instability. It extracts valuable lessons from previous financial crises to underscore the crucial human resource management significance in sustaining business operations, strengthening resilience, and fostering enduring success. Finally, a conclusion is presented.