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redundancies Tagged Articles
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Is slash and burn the right strategy for your business?
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| When the economic downturn first started to impact John’s business he was quick to act. First signs that turnover was dropping caused John to focus on his biggest overhead – the wage bill. A swift round of redundancies gave immediate relief and he was able to sustain profit levels on an even keel. Six months later, however, turnover had dropped even further and he was facing a personal grievance claim from one of his employee’s with a possible payout of $1000s.
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Make Money From Online Business Through Good Leadership
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| What does it take to make money from online business, lead others to achieve the same success as you and be the visionary that makes others want to join your business opportunity – it's leadership. What constitutes a great leader - what are the qualities essential for you to lead? Can you learn them? Are you born with them? Read on and be surprised at how everyone has the inherent basic qualities to become a great leader. |
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Global IT companies expect recovery in 2010
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| In news that hints at increased job opportunities for IT workers across the world, a new study from AT&T shows that CIOs and technology executives expect economic recovery to begin early next year. |
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How to Recover from a setback getting back into the driver’s seat after a redundancy
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| The numbers are growing. We all know someone who has been laid off and become yet another statistic in today’s economic climate. You are not alone and taking appropriate steps now will better position you to cope with your own redundancy, and possibly even turn it to your advantage. However unlikely the prospect may seem, being prepared is the first step towards surviving redundancy. |
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Improving Morale After Redundancies
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| When the actual redundancy process is complete and the unfortunate employees are made redundant there remains the issue of low morale that inevitably continues for some time. Without close monitoring this can become a very serious issue to any business.
Once the reduction in employees has taken place the staff that remain will probably be expected to achieve more and may have additional responsibilities placed on them.
How do you get the best from your staff now that they feel uncertain about their future and how do you improve morale?
There are five key areas that need to be considered and worked with carefully on an ongoing basis.
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What Not to Do on a Cold Call Email
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| Sometimes it is truly impossible to reach a prospect by telephone - and for some prospects email is their preferred form of communication. While nothing beats the direct interaction of a live phone call, sometimes instead of a cold call you simply have to send a cold prospecting email. If you do so, however, be careful. Don’t let this happen to you… |
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Attracting New Recruits in the Credit Crunch
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| Attracting new job candidates in the current recession can be difficult. A clear and well thought out plan is a must before jumping into the recruitment pool. |
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Talent Management in Difficult Times
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| Talent management is always an important functionality but it difficult or lean times it becomes even more critical. |
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Surviving Redundancy
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| The numbers are growing. We all know someone who has been laid off and become yet another statistic in today's economic climate. You are not alone and taking appropriate steps now will better position you to cope with your own redundancy, and possibly even turn it to your advantage. However unlikely the prospect may seem, being prepared is the first step towards surviving redundancy. |
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How to Get Back to Work in Todays Market
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| The numbers are growing. We all know someone who has been laid off and become yet another statistic in today’s economic climate. You are not alone and taking appropriate steps now will better position you to cope with your own redundancy, and possibly even turn it to your advantage. However unlikely the prospect may seem, being prepared is the first step towards surviving redundancy. |
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Economy Meltdown Executive Candidate Survival Tips
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| When the going get's tough, the tough get going!
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Alternatives to redundancies have benefits
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| The overall cost with redundancies is far more than just the initial redundancy pay an employee receives. You will need to add costs for the recruitment when you require staff again and the cost of training new recruits to have them reach the development stage your redundant staff were at prior to being made redundant. How do you place a cost on this?
Then there are the negatives that come from any business making redundancies which includes low morale within the workforce which inevitably reduces production, performance and service. Good quality staff can leave for alternative employment due to the uncertainty which may happen after you have reduced to the number of staff you felt appropriate as they have been offered employment from interviews taken during the redundancy process. What is the cost of this?
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The Efficiency and Labour Market Impact Have Varied Across Sectors
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| In the competitive manufacturing and tradable services
sectors, efficiency gains, defined as improved performance
of the company, have been generally achieved with wide
variations in performance across firms and countries. |
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