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Loyal employees, A good business plan helps to focus on markets or services, anticipate future needs and be proactive. The plan is a very valuable tool, (like a road map for the business)
The harsh reality is exactly as you said, when the economy rebounds many will opt to find new jobs! The best way to counteract this potentially deterimental situation is to show your employees your appreciation NOW while the economy is still struggling. The majority of people that are unhappy at their current jobs tell us that it is because they feel undervalued. Showing your appreciation for the work your employees do doesn't have to be costly or expensive. It can be as simple as treating them with respect, listening to their ideas, being fair with your distribution of work loads. It isn't rocket science, if you want to keep your good employees, treat them as valued members of your team.
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Employees tend to hunker down during economic downturns and hold on to jobs - even if they are unhappy. And don't kid yourself. Many of them are. After freezes, reductions, cutbacks and the like, job satisfaction is nothing to brag about. If this sounds familiar, and you're working a skeleton crew, you must think about retention. If you don't, you'll find that as soon as the job market improves, those "loyal" workers will go running for greener pastures, and you'll be left with a lot of empty cubes. Do you have any plans in place or strategies you'll deploy?