dismissal, often temporarily, from work because a job ceases to exist or because of lack of work. Employees who are laid off may qualify for unemployment compensation. If the layoff process is handled incorrectly, the employer may be faced with claims for unfair dismissal.
This article provides suggestions on how to deal with employess layoffs. It inculdes suggestive layoff process and notification. It states that one should avoid blanket promises or guarantees of any kind, such as "No additional employees will be laid off after this round of layoffs.” It also suggests that one...
This paper examines recency/duration effects of layoff contact, and the order effects associated with different types of layoff contact experiences. Workers employed by a large company engaged in repeated waves of downsizing completed questionnaires in 1997, 1999, and 2003. At each time, they reported the types of layoff contact they...
Oftentimes employers make knee-jerk layoff decisions. As a result, they waste an incredible investment in employee talent or, even worse, open themselves up to employee lawsuits. Use this checklist template to ensure that you have done everything possible before you engage in layoffs, reductions in force, or downsizing.
Nothing quite shakes up a person's life like being told that he or she is suddenly out of a job. Should the unthinkable happen and the person finds himself or herself the victim of a company layoff, he or she should take comfort in the fact that he or she...
The Layoffs and Recalls policy covers the procedures for: aiding employees whose jobs have been eliminated; alternative action before layoff; maintaining benefits and who is eligible; part-time or temporary employees' rights during a layoff; "Bumping" sequence; and recall notice.
Protecting Company Secrets During a LayoffSo much for ethics...I disagree entirely. The author seems to have forgotten a basic principle of managing layoffs - that those who are left watch very carefully how you handle those who are leaving. If anyone is going to steal sensitive documents they would have...
Have one lost his or her job? If so, one is not alone. There are always companies that are cutting jobs or restructuring operations. It's a normal part of conducting business in today's economy. One may, however, be able to turn a layoff into a new career. This paper overviews...
In a downward economy or other adverse situations, organizations, generally make the decision to layoff their employees. However, they do not realize the aspect of strategic layoff. It is hard deciding which positions and people to eliminate from the organization. It even harder to ensure that the work is effectively...
In today's scenario it has been realized that a layoff can be a chance to reinvent career. For this the article provides various steps or measures which can be taken to invent the career. These include: Acknowledge ones feelings, quick financial review, a chance to reengineer ones career etc. These...
In August 2006, employers took 1,193 mass layoff actions, seasonally adjusted, as measured by new filings for unemployment insurance benefits during the month, the Bureau of Labor Statistics of the U.S. Department of Labor reported. Each action involved at least 50 persons from a single establishment, and the number of...
Most companies’ resort to downsizing for achieving increased profitability. The organizations apply downsizing techniques by cutting down the expenses and increasing employee layoffs. However, experts suggest that an organization must recognize the real problem within the organization before going on a layoff spree. Moreover, even if an organization is determined...
California has enacted its own version of the Worker Adjustment and Retraining Notification WARN Act, 29 U.S.C. §§ 2101-2109, the federal law that requires employers to give a 60-day notice before ordering a plant closing or mass layoff. This Paper informs that there are two main purposes behind the new...
Many companies have responded to the recent contraction in business by reducing their workforce. In many cases, there is no alternative to a layoff. However, if business realities permit, companies should consider other alternatives. Layoffs can create organizational dynamics that in the long run offset short-term savings and affect the...
Im a senior manager at a large company, and I just learned that I have to layoff a dozen people. This will come as a shock to the employees and I feel terrible, but Im also very concerned that those who are terminated will steal confidential company documents as a...
No one likes to do layoffs. Even under the best circumstances, when layoffs are done over time and with some degree of planning and due diligence, they can be a challenge. As a layoff strategist, the author recommends this more scientific approach. But unfortunately, in the real world, firms are...
From the executive summary: ‘Perhaps the most insidious side of the layoff epidemic is the intellectual capital that is walking out of the door. The case study examines how a particular company conducted a knowledge audit to determine their knowledge needs, sharing practices, and prejudices. The results confirmed that employees...
From the executive summary: ‘Everyday at least half-dozen companies announce staff reductions, plant closings, and restructurings. The rising rate of job reductions has revived old issues that seemingly have not been discussed in a decade. But, making the announcement and then delaying the axe causes a lot of ill will...
Dell Computer has been suffering slow sales and stubbornly high costs, and now the company may be considering a "reduction in workforce," according to the feature article from today's BusinessWeek. But there are other, less painful ways to improve operational efficiency. Since revenue-per-employee is the figure most...
The bottom line on mass layoffs is that the results are mixed at best. This article provides twenty thoughts on how to prevent destructive layoffs in companies of all sizes. Some of these include: Do the right thing all the time, Hire well, Use your resources wisely etc. The rest...
