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HR Best Practices
Workforce Reductions
In these difficult economic times, many organizations are struggling to maintain profitability and at times just survive. As a result, workforce reductions have become a normal part of doing business. Just like with many business practices, there are right ways and wrong ways to plan and implement an effective workforce reduction. Based on our experience, we have identified four critical areas that need attention when conducting a workforce reduction:
Planning
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Assess future state needs based on market, customer, products and services, and operations. Identify who stays, who goes, how and why.
Communication
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Develop communication strategies and procedures for public relations, customers, and employees.
Transition
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Provide a bridge to future opportunities for impacted employees.
Retention
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Mitigate fear and reengage existing employees following staff reductions.
At TM Solutions, we help our clients plan and implement an effective workforce reduction by:
Developing and customizing a plan to ensure that your workforce reduction model fits organizational needs and minimizes risk.
Consulting on assessment and selection processes for workforce reduction.
Planning for separations to help minimize operational disruptions.
Consulting on stay bonuses and severance packages.
Conducting on-site meetings with employees immediately following separation.
Providing individual and group outplacement services.
Developing innovative strategies for supporting and retaining remaining employees.
Products and Services (available with or without consultation or onsite support)
Workforce Reductions Success Kit
Managing the Separation Meeting
Manager Notification Script
Notification Meeting - Manager FAQ
Termination Letters
Termination Meeting - Helpful Tips
Termination Notification Form
Separation Agreement and General Release
Payroll and Benefit Termination Guidelines
Management Guide - Workforce Reductions
TMS OnDemand
For additional products and services, keyword search - Workforce Reduction, Termination, Risk, Compliance, HR Best Practices, Best Practices, or visit our
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Free Needs Assessment Survey and Consultation
plus product discounts,
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To learn more about our Workforce Reduction product and services, please
Contact Us
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TMS News
2/6/2012
Retaining Key Talent In 2012
2011 is in the books. Financially another tough year for many businesses, but now it's time to think 2012 strategy.
>> Read More
Click here to view more news...