2 Posts found for Keyword: layoffs

Intel monitors changing skill requirements and institutes a redeployment program when it becomes necessary to downsize a business. Under this program, managers effectively lay off people, and the head count of the business unit is moved off the payroll. These excised people enter a redeployment pool under the auspices of human resources. Once in the pool, employees generally have four to six months, and can … [ Read more ]

Author: Bruce A. Pasternack | Source: The Triumph of People Power and the New Economy | Original Publication: strategy+business | Subject: Human Resources

Instead of making wholesale layoffs, more companies should try layoff alternatives, such as:

• Pay cuts
• Job sharing
• Sabbaticals
• Job furloughs

Seek employee input for thoughts on these altenatives and for suggestions for other alternatives.

Author: Shari Caudron | Source: Another God That’s Failed | Original Publication: The Conference Board Review | Subjects: Human Resources, Management