In today’s global marketplace, more companies both big and small are taking part in workforce reductions. After careful consideration of alternative strategies, a company typically chooses a workforce reduction as a last resort. Unfortunately, a workforce reduction strategy carries significant risks. These risks include legal compliance, employee engagement, customer impact, productivity to name a few. To mitigate these risks, a company needs careful planning and ongoing vigilance in the execution. A workforce reduction can go by many names – reduction-in-force (RIF), layoff, downsizing, rightsizing, optimizing, or process reengineering.
The documents and tools within the Workforce Reduction Success Kit are designed to help you plan and execute an effective workforce reduction strategy.
See below for a list of documents and tools available. Upon request, a needs assessment/best practice consultation is also available from a TMS subject matter expert. |