Irina Krassikova participated in workshop “Current economy crisis: how company can survive”, dedicated to development of company strategy during the economy crisis.
The event took place on December, 18, in Ararat Park Hyatt (Moscow). The seminar was moderated by Vladimir Savchuk, Expert of World Bank. Participants, the tops of major Russian companies, discussed recommendations for financial and marketing improvement in current situation. Besides, expenses optimization and employees motivation was thoroughly considered.
“The motivation comes to be an utterly sophisticated question during the crisis”, said Irina Krassikova, “Employer needs to cut expenses, the major part of which are labor payments. Recently Levant & Partners Working Group on M&A, Litigation and Labour Disputes analyzed the practice on Labour Law through last two months. The result is obvious: as layoffs spread, disregard for a word of law could be threatening for employer by significant settlement costs and judgments. Law and order shall be profitable for both sides”.