November 11‚ 2014 Dismissal Meeting The purpose for writing this paper is to describe and explain the steps involved in coordinating and heading a dismissal meeting for an employee layoff. The contents of this paper will include a proposal of ways that a manager can cope with any negative emotions that may accompany an employee layoff. There will also be mention of a step-by-step process used in conducting the meeting. In addition‚ the human resource manager of the organization will determine the compensation
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Re-organization and Layoff: Decision Making Evaluation Paper Learning Team B PHL/320 February 2‚ 2015 University of Phoenix Re-organization and Layoff: Decision and Evaluation Paper Managing a company’s finances can be very challenging and companies that find it difficult to conquer this challenge‚ experience a downturn‚ a decline in business‚ and when this occurs the need to find solutions to alleviate their financial issues becomes crucial. One solution that companies seem to implement and re-visit
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accompany an employee layoff. When the economy — or a company’s business — goes south‚ the quickest way a company can chop its costs is by laying off its employees. It’s never popular and often companies will try other cost-cutting measures long before they have to cut workers‚ but if you’re among those who get the pink slip‚ you don’t really care. You just lost your job. For many‚ being laid off is something that will be unexpected and shocking. Unless you work in a seasonal industry where layoffs occur
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Journal of Management http://jom.sagepub.com/ Causes and Effects of Employee Downsizing: A Review and Synthesis Deepak K. Datta‚ James P. Guthrie‚ Dynah Basuil and Alankrita Pandey Journal of Management 2010 36: 281 DOI: 10.1177/0149206309346735 The online version of this article can be found at: http://jom.sagepub.com/content/36/1/281 Published by: http://www.sagepublications.com On behalf of: Southern Management Association Additional services and information for Journal of Management
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HR STRATEGIES THAT CAN TAKE THE STING OUT OF DOWNSIZING-RELATED LAYOFFS by Franco Gandolfi Strategy | July / August 2008 Share on emailEmail Share on twitterShare on Twitter Share on facebookPost to Facebook Share on linkedinShare on LinkedIn Share on deliciousSave to Delicious Share on instapaperSave to Instapaper While the pain of downsizing-related layoffs can’t be avoided entirely‚ it can be mitigated. Anticipating the duration and depth of an industry downturn‚ for example‚ can definitely
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(Mishra et al.‚ 1998). The term "downsizing" was coined to describe the action of dismissing a large portion of a company ’s workforce in a very short period of time. According to online encyclopedia http://en.wikipedia.org downsizing refers to "layoffs initiated by a company in order to cut labor costs by reducing the size of the company." Downsizing became a familiar management mantra in the late 1980 ’s and early 1990 ’s. In fact‚ three million jobs were lost between 1989 and 1998 (Mishra et
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the programs they must implement and communicate to the employees of the corporation and follow any legal requirements that are in place at the time of the downsizing. The Human Resource Manager must make hard decisions that not only affect the employee but also the corporation and the reputation of the corporation. Downsizing has risen dramatically since the early 1980’s because of many extenuating factors such as innovation‚ technology‚ the weather‚ the economy‚ and globalization. These factors
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relatively good. Here are some financial data from the Indianapolis plant for the fiscal year preceding these negotiations: Net Sales $200‚825‚900 Material Costs 79‚250‚000 Direct Labor Costs (includes fringe benefits‚ payroll taxes‚ and reflects layoffs in previous fiscal year) 72‚635‚000 Other Variable Costs 13‚265‚000 Fixed Costs 5‚500‚000 Total Expenses 170‚650‚000 Income Before Taxes 30‚175‚000 Net Income After Taxes (Federal‚ State‚ County‚ Municipal)
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Re-organization and Layoff: Decision Making Evaluation Paper Christine Erickson‚ Loretta Campbell‚ Amie Evans‚ Candace Valek PHL/320 November 3‚ 2014 Richsarod Hudson Re-organization and Layoff: Decision Making Evaluation Paper All businesses at one time or another will have to deal with employee layoffs due to a re-organization or changes in the economy. Employee layoffs can have a damaging impact to the remaining employee and management staff. There are several solutions that can be done to alleviate
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Re-Organization and Layoff Ramon Underwood PHL/320 April 20th‚ 2015 Carolyn Harrison Re-Organization and Layoff Team Summary A termination or layoff period is never an easy process for an organization. One of the factors that companies struggle with the most is how to properly terminate or lay off employees. Most managers of organizations are not properly trained to handle these types of situations which can make them even more uncomfortable for both parties. It is important that managers remain
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