Bosses who openly and fairly deal with staff members, including those in IT jobs, are likely to "reap the rewards" in the long run.
That is according to Acas, which aims to improve organisations and working life through better employment relations, which suggests that it is up to both employees and staff to approach cost-cutting flexibly.
John Taylor, the group's chief executive, said that there were now more employers than ever before looking at alternatives to redundancies and only getting rid of staff members as a last resort.
Maintaining staff, he says, is ultimately beneficial in the long run.
Mr Taylor states: "In the long term those organisations which have dealt with their workforce in a fair, open, transparent kind of way, will reap the rewards in terms of less labour turnover [and] less absenteeism as and when the economy starts to recover."
According to Management Today magazine and the Institute of Leadership and Management businesses that have taken a more measured response to the recession, such as flexible working and budget cuts instead of redundancies, have seen trust in their senior management rise.
