TOOL How to Trim Your Workforce
December 31, 2008
They’re becoming more common in these times of economic uncertainty: layoffs. Your organization may be considering taking that route. If so, an e-book from law firm Foley Hoag, "Tips for Planning Reductions in Force," is a possible guide. Foley Hoag points out that "any such reduction-in-force (RIF) must be carefully planned and executed both to minimize exposure to liability under various employment laws and to mitigate negative effects on employee morale and operations." The e-book covers such topics as "Severance and ERISA," "Don’t lose sight of termination basics" and "Is a layoff necessary?"