The beleaguered benefits company dealt with layoffs in a way that organizations for years have tersely written off as mere collateral damage in doing business.
Getting rid of an employee is the most difficult job any manager has to do.
Employers paying terminated employees under a severance plan may be required to pay and withhold FICA taxes.Read More
It does not make a difference if the layoff includes one employee or 100 employees, provided that those eliminated are not replaced.Read More
Done poorly, RIFs open employer to widespread claims of discrimination that can prove more difficult to defend than the savings the employer hoped to realize from the layoffs.
A reduction in force can occur in stages and over time. An employer can first retain key employees during a layoff and then layoff those key employees later when economic realities dictate their termination.Read More
What are some practical ways to boost engagement following announcement of layoffs? It's not that great to start with and I expect it will get worse.
—On Edge, director of human resources, finance/insurance/real estate, Denver
Damage from Hurricane Sandy has forced the popular tourist attractions to close. Repairs could take months.
Sun Health Senior Living saves jobs and grows sales through creativity and training.Read More
Google-owned Motorola Mobility plans to cut jobs below the 2,500 mark and expects its headcount to drop to 2,256.Read More