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HR Guide to Navigating Tariffs

Partner with leaders to anticipate and respond to the impact of tariffs on the organization.

  • Tariffs introduce uncertainty that is forcing organizations to assess the impact on their organizational strategy.
  • HR must be adaptable to changes in organizational strategy, making changes across HR programs and containing costs.
  • Organizations risk employee disengagement without clear communication and listening strategies in place.

Executive Summary

Critical Insight

  • Organizations are best positioned to succeed when HR partners with the business to navigate the uncertainty driven by tariffs.
  • HR helps ensure the right talent is in the right place, operational costs are offset, an agile workforce is in place, and executive alignment and employee engagement are strengthened.

Impact & Result

  • The organization demonstrates agility in the face of changing circumstances by planning for multiple scenarios.
  • Talent is aligned with evolved organizational needs.
  • Employees are engaged by fostering transparent, timely communication and active listening efforts.

Research & Tools

1. Anticipate and plan for tariff impacts on the broader organization

Conduct an organizational analysis and develop scenario plans.

2. Create action plans for HR

Develop scenarios to determine the impact on HR programs and create action plans.

3. Engage and inform employees

Engage in employee listening and communicate according to the desired level of transparency.

HR Guide to Navigating Tariffs enlarged preview