| Topic : Corporate Layoffs |
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Activity:
70 views;
last activity : 07 06 2010 20:18:09 +0000
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Who should go ?
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Plan and Educate
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Support/Involve in other department as per choice.
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Benefits for laid-off workers
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Information you provide
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Who should leave is the difficult part to decide.Keeping this criteria as objective as possible by analyzing each employee group in your company and determining what makes a successful employee in that category.Check out their sales, production levels scores to find out the one who have to go.
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Layoff are considered first in the non core areas of the company which do not fit the overall vision of the company.An Effort also should be made of to spin of profitable non-core areas of the companies asset as separate entities and sold off. This will help retain talent in the new entity as well as ensure a longer career for the employees. From the non profit areas of the non core areas selection criteria need to be used to fill up vacancies and requirements in the core areas.
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It is often said that the most difficult challenge is to select the person who is to be laid off. I on the contrary disagree. Enough said. Instead of typing, I would recommend these links: http://www.manager-tools.com/forums-284 Feel free to explore other podcasts and links on the site. |
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Excellent example: One of the major IT company in DELHI NCR region.They ask employee to work for 4 days instead of 5 days a week and pay them as per 4 days.Gradually,if person is not performing well thenafter asked to come 3days ,2days a weeks.Henceforth,making employee feel as non-performer or giveback appropriate result. This give tremendous help to employee rather getting sudden blow of NO JOB rather then SLOW out-of the Job. There're multiple of Retail & Other companies coming up monthly list of Pink slip employee.As a result Entire day & night employee have nightmare.Do HR people still think of Training & making employee more job specific. regards, Rajeev jha |
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What type of benefit do you recommend for a laid off workers, this depends on the company. Make sure the severance package your company offers are drafted properly.You should know whether you're going to pay benefits like
accumulated vacation time in a lump sum, or staggered payments.
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I suggest you don't go too far into the details. Tell them you're providing job counseling, or a referral to a temp agency, if you can do that. Be honest, be consistent, and be objective. You want to conduct the meeting as respectfully as possible. Don't make false promises, and don't over-praise them or their performance.
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- Create a confidential Career Profile and Resume/C.V. online
- Get advice for planning their career and for marketing of experience and skills
- Maximize awareness of and access to the best career opportunities
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Kerela IT firms are hunting hackers .. recruiting them in their companies...This is unique way of finding the talent because formal degree does not matter here and what you get is the best people. But what about safety factor.. Is your comany... |
Reservations are always in govt orgs.. and the drop outs do not open them.. do they? Managers having poor marks has nothing to do here becasue either they have establlished the platform or they have enough experience and to add to this let me tell you... |
Business schools were meant to be guides and they don't create a perfect person, they give raw mind a direction. |
