Dear friends, for financial crisis, CEO hope reduce staff. but the line manager not willing to reduce his staff. as a hr professional, how can i do?
From China, Beijing
1From China, Beijing
If your organisation is in financial crisis and reduction of employee strength is the only means to face it, then it is better to go for that. Otherwise, the pressure of salary bills will accelerate the crisis and finally all the employees will lose jobs!!
As an HR Person your recommendation shall be to retrench the workmen according to the provisions of the ID Act and after giving them notice of retrenchment (so that they can find alternative employment) and retrenchment compensation.
Regards,
Madhu.T.K
From India, Kannur
As an HR Person your recommendation shall be to retrench the workmen according to the provisions of the ID Act and after giving them notice of retrenchment (so that they can find alternative employment) and retrenchment compensation.
Regards,
Madhu.T.K
From India, Kannur
Reduction of employees is not the solution b'cos we have to find someone to replace them (if we take another step after the finance prob is over). Thats another huge time taking venture and also it affects the organisation financially.
My idea is:
Better negotiate with your employees about salary reduction for the particular duration maybe upto your organisation's finance is somewhat good. Please note that the employees also know that present JOB market is not that good.
If they are not accepting, goahead and remove them.
Moreover, if the company's finance is too low then NO way out!
Thanks
Anitta
From India, Madras
My idea is:
Better negotiate with your employees about salary reduction for the particular duration maybe upto your organisation's finance is somewhat good. Please note that the employees also know that present JOB market is not that good.
If they are not accepting, goahead and remove them.
Moreover, if the company's finance is too low then NO way out!
Thanks
Anitta
From India, Madras
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9 ways to reduce tax burden.doc