Employee Morale

Demoralize
Demoralize refers to a decrease in morale, which can be caused by factors such as lack of appreciation by superiors, layoffs, and salary givebacks. Addressing demoralization is crucial to maintain worker productivity, accuracy, and reduce employee turnover.
Downsizing
Downsizing is a strategic measure taken by organizations to reduce their workforce and operational size with the primary goal of boosting profitability, cost-efficiency, and flexibility.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.