Crisis! What Alternatives can HR offer for Downsizing or Reducing Payroll Salaries?


 
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Crisis! What Alternatives can HR offer for Downsizing or Reducing Payroll Salaries?
Piero Rodrigo Casafranca Abrill, Analyst, Peru, Member
In times of crisis, companies make difficult HR decisions and often choose between downsizing or reducing payroll salaries, but really what is the best option? Are there other alternatives that can help a company's economic situation?...Register
 

 
Options for HR Reductions
David Wilson, Manager, Canada, SIG Leader
You need to look at what the US Government calls a Reduction In Force (
 

 
Alternate Options for Reduction: Multiskilling
Leena Bissoonauth, Student (University), Mauritius, Member
I agree that layoffs are the last option, because in a crisis situation layoffs may lead to unemployment (and a loss of knowledge).
To reduce rec...
 

 
Options Solution for your Problem
SETIONO WINARDI, Business Consultant, Indonesia, Member
Even if downsizing is the only remaining option for the management of company, it must be followed by the development of a business
 

 
HR Reductions and Sustainability
F. Mouche
Perfectly right, David, and when eventually you are bound to lay people off, you can still try to do it in a positive way, such as helping your ex- co...
 

 
Decisions HR Take During Tough Times
Ashish Verma, HR Consultant, India, Member
There are 2 schools of thought during difficult times;
1. Downsize / reduce costs:
A. Pros: k...
 

 
Multi Skilling in the Health Service Sector
OPIO SAM, Manager, Uganda, Member
@Leena Bissoonauth : I agree with you. In my organization, it has worked, especially the time the Ministry of Health...
 

 
Useful HR Options During Recession and Crisis
Jaymala dubey, Student (MBA), India, Member
@Leena Bissoonauth : I agree multi skilling is better option than layoffs and reducing extra costs is another good o...
 

 
Why Downsizing is not a Good Solution During Crisis
Alex Joe Nona, HR Consultant, Papua New Guinea, Member
I agree with David that during difficult economic times voluntary downsizing or other alternatives (such as attrition) should considered before reduci...
 

 
Resource Action - do your Homework First
Bill Maynard, SPHR
What is the crisis? Prior to determining what HR action needs to be implemented we have to understand what we are trying to fix. In most cases ...
 

 
 


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