downsizing with dignity webinar presentation. 1. terms 2. reasons 3. alternatives 4. methods 5....
TRANSCRIPT
1. TERMS 1. TERMS
2. REASONS 2. REASONS
3. ALTERNATIVES 3. ALTERNATIVES
4. METHODS 4. METHODS
5. AFTERWARDS 5. AFTERWARDS
R.A.M.
A.T.(Define)
D.
Terminology
• Downsizing• Rightsizing• Layoffs• Workforce reduction• Delayering
• Restructuring• Upsizing• Streamlining• Outsourcing• Redundancy elimination
Reasons
• Business losing revenue• Reduce overhead costs• Automation• Outsourcing functions• Discontinue Services or Products
Alternatives• Increase productivity and profitability• Reduce workweek• Reduce benefits• Freeze promotions and raises• Job Sharing• Voluntary leave of absence• Voluntary retirements and severance packages• Attrition• Outsource functions• Overtime to increase targets (output)• Reduce salaries
Ask Employees for their ideas!
Process
• Gather information• Review the info • Decide on the method• Create a new org chart• Create the new job descriptions• Implementation
Implementing• Notifications• Conducting Meetings• Logistics• Communication• Process• Culture• External• Scripts• Debriefing• Security
Afterwards
• Transition assistance• Counseling (EAP) • Access to Internet• Resume assistance• Time-off to interview
What to consider
• Relationships– Customers– Remaining staff
• Workload– Who will do the additional work?– What happens if they quit?
Use Care
• Can you prove the hardship?
• Define Business Necessity
Legal assistance– Severance and Release agreements
– WARN Act (size of the employer)
– EE’s on a protected status
• Leave of absence
• Workers’ compensation
Things to Consider
• Age• Gender• Employment Contracts• Employee Handbooks• Union Contracts• Personnel policies and practices• WARN Act (60 days advance notice)
Always have Kimstaff review